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Which of the following statements is true of baby boomers? They consist of 50 million Americans....

Which of the following statements is true of baby boomers?

They consist of 50 million Americans.

They are economically backward compared to other Americans.

They are not actively pursued by small businesses.

They are an unprofitable market segment.

They represent people born between 1930 and 1945.

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Answer #1

Baby boomers are people born between 1946 to 1964. There are 71 billions of baby boomers in America and are known for their wealth. They are very rich and are consistent shoppers. They make a very good market segment because they not only shopr for themselves but also for others. Baby boomers do not get pursued by small business and start them only after retirement age. Hence the 4th option is ture regarding baby boomers among the given options.

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