WHO ARE THE BABY BOOMERS? WHAT IS "BOOMERNOMICS"? WHAT HAPPENED WITH THE ECONOMICS OF BABY BOOMERS:...

WHO ARE THE BABY BOOMERS? WHAT IS "BOOMERNOMICS"? WHAT HAPPENED WITH THE ECONOMICS OF BABY BOOMERS: 40'S, 50'S, 60'S, 70'S, 80'S, 90'S, 00'S, 10'S AND NOW FROM 2020 TO 2040 GLOBALLY? WHAT ARE THE THREE MOST IMPORTANT INDUSTRIES NEXT 10 - 20 YEARS FOR YOUR CAREER OR BUSINESS? WRITE A SHORT ESSAY IN YOUR OWN WORDS OF 500 - 1000 WORDS ANSWERING ALL THESE QUESTIONS AND POST IT DIRECTLY ON SCHOOLOGY HERE, THANK YOU..

Expert Solution

The generation or cohort born after World War II between 1946 to 1964 are classified as baby boomers. Globally baby boomers have seen higher fertility rates and longevity, higher disposable incomes, strong inclination towards savings as against consumption and investment, higher focus on future savings rather than current investment.

The boomernomics represents how stock proces will fal as bommers cash out their retirement account, real estate prices will plunge as majority will sell redundant properties to encash their future savings, and thus keeping the economy humming.

The top three industries which will benefit largely are Telecommunications industry for higher mobile call and data spending, the pharmaceutical industry for excessive consumption of medicines and largely the healthcare industry which will see surge in cases related to disorders.

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST IN FUTURE

Rahul Sunny answered 1 year ago

WHAT IS "BABY BOOMER ECONOMICS"? WHEN WERE THE BABY BOOMERS BORN? RESEARCH : WHAT HAPPENED WITH...

WHAT IS "BABY BOOMER ECONOMICS"? WHEN WERE THE BABY BOOMERS BORN? RESEARCH : WHAT HAPPENED WITH BABY BOOMER MARKETS GLOBALLY IN THE 1940'S; 1950'S; 1960'S; 1970'S; 1980'S, 1990'S; 2000'S; 2010'S AND TODAY? HOW DOES IT IMPACT THE GLOBAL TRAVEL AND TOURISM INDUSTRY? HOW WILL IT AFFECT YOUR OWN CAREER OR BUSINESS THE NEXT 20 YEARS?

Although there are a variety of definitions for this group, Baby Boomers are typically considered the...

Although there are a variety of definitions for this group, Baby Boomers are typically considered the generation that were born following World War II baby boom. It is generally agreed that the group consists of individuals born between the 1940s to the early 1960s. With this in mind, do a little research and post statistics about the baby boomer generation. As always, please remember to post your sources.

What impact do you feel Baby Boomers are going to have on healthcare in the near...

What impact do you feel Baby Boomers are going to have on healthcare in the near future? How can we prepare for that? - Do you think we will have enough staff to take care of this group of Baby Boomers! How are we going to manage that? - What impact do you feel this may have beyond healthcare to housing, transportation, travel and more?

Why are some organizations deliberately putting millennials on teams with baby boomers? What are some of...

Why are some organizations deliberately putting millennials on teams with baby boomers? What are some of the advantages of teaming up baby boomers with millennials? What norms do you think would be important in a team composed of millennials and baby boomers? Why might a team composed of millenilas and baby boomers benefit from having moderate levels of group cohesiveness?

How might course design differ for baby boomers compared to millenials? What can be done to...

How might course design differ for baby boomers compared to millenials? What can be done to increase the likelihood of transfer of training if the work environment conditions are unfavorable and cannot be changed?

Who do you want to share your cubicle with and why? Traditionalist/Veterans (born 1922-1945) Baby Boomers...

Who do you want to share your cubicle with and why? Traditionalist/Veterans (born 1922-1945) Baby Boomers (born 1946-1964) Generation X (born 1965-1982) Generation Y (born 1983-1997)

As we talk about the baby boomers and LTC, let's think about some things. What affect...

As we talk about the baby boomers and LTC, let's think about some things. What affect will the Baby Boomers have on the LTC industry?

The Baby Boomers have begun to retire and will continue to do so in increasing numbers...

The Baby Boomers have begun to retire and will continue to do so in increasing numbers through about 2030. The retired have a very different saving rate than people in the middle years of their careers. Apply the theory of supply and demand to financial markets to predict the likely impact on interest rates of the Baby Boomers retiring. Thank you.

In the 1960s, life insurance companies were signing up baby boomers for whole life policies. A...

In the 1960s, life insurance companies were signing up baby boomers for whole life policies. A feature often included in the policies was the right to borrow against the cash value of the policy at a fixed rate of interest, say 8 percent. At the time, with interest rates of 3 to 4 percent, this feature didn’t seem important. However, this feature proved extremely valuable to the insured, when interest rates soared to double digits in the early 1980s. Suddenly,...

Chapter 3. 40. How do you suppose the demographics of an aging population of “Baby Boomers”...

Chapter 3. 40. How do you suppose the demographics of an aging population of “Baby Boomers” in the United States will affect the demand for milk? Justify your answer. Chapter 4. 21. Other than the demand for labor, what would be another example of a “derived demand?”

Question