Question

Many of these Baby Boomers have lesser number of grandchildren than earlier generations, as most of their children either decide to have no kids or adopt a one-child policy. This makes it possible for their children to maintain a lifestyle similar to their parents even though most of them are not as well-off as their parents. What trends affecting consumer behavior is illustrated in this scenario?

Answer 1

The correct answer to the following question will be "Declining birthrates".

Step-by-step explanation:

• Birthrate decline was further limited solely to either the legal births. This helps their kids to maintain as well as preserve an existence comparable to their families although many are isn't as well-off as any parents.
• This circumstance reflects decreasing patterns in birthrates impacting consumer behavior.