Friday, June 9, 2017

baby boomers


      When the Second World War ended thousands of soldiers returned to the United States in search of a quieter life outside of conflicts and one of the ways to get it was through marriage. during 1946 a lot of babies were born 3.4 millions and for 1946 to 1964 the amount of babies that were born was 76.4 millions. the term baby boomer is used to refer to this period of time. the increase in the  market by the credit contributed even more for the increase of babies because Americans can buy a lot of things through the credit. A lot of  places were built to those families which wanted get a house or apartment for a cheap price.

During this period of rapid population growth the economy was affected by an increase in the supply of credits in which rates were very high and many people could not afford them.This entailed several problems such as that several people were displaced from their homes and others were dismissed from their jobs. Even some people committed suicide.But this did not affect the entire population some people could live a very happy life with their families after fighting in the Second World War. They ignite form they lived their dream come true.


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