Which of the following descriptions most accurately characterizes the baby boomers?
A)They are aging and slowing down.
B)They are a shrinking market for new housing and home remodeling.
C)They are past their peak earning and spending years.
D)They account for about 1/3 of the population and hold 50% of Canada's wealth.
E)They were largely unaffected by the recent recession.

Question

Quizplus · Accepted Answer

The description that most accurately characterizes the baby boomers is that they account for about one-third of the population and hold 50% of Canada's wealth. This is because it is a well-documented fact that this generation has accumulated significant wealth over their lifetime and are a key consumer group for many industries. The other choices are either inaccurate or too broad to accurately characterize this generation.

Which of the Following Descriptions Most Accurately Characterizes the Baby