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Word Count: 1,371
Baby boomers are classified as the generation born after the depression in the 1930s where soldiers returning from the war found that life was much easier in Canada There were more jobs and houses were easily acquired Because of the prosperous time people were able to have large families and to support them These boomers caused a large population growth in Canada and because of their sheer numbers they have played a major role in the changes of social structures in Canada namely in finance family work ethic and popular culture However these changes may not have been suitable for the generation after the Boomers Generation X They seem to be having a difficult time adjusting to the structure of society with the same level of tenure as their parents the Boomers The Boomers were raised in very hard times when there was little work food or places to live As World War 2 ended and the depression was over Boomers raised families under the premise that they didnt want to see their children suffer as they did They gave them everything that they wanted and rather than teach them the importance of money and the value of family they were content not to see their children in need as they had been This began to develop the idea of instant gratification People have become basically spend-happy and for the most part and choose to live outside of their means Racking up crippling school debts and poor choice spending habits upon entering the work force has forced many Generation X-ers to postpone things like having children purchasing houses and saving money for retirement All of which are important elements of family And as the Boomers set a financial precedent that their children simply cannot attain due to higher requirements for education and higher costs of this education to earn the same amount of money at the same stages in life is next to impossible Generation
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