The Generation of People Who Lived Through the Great Depression

Essay

The generation of people who lived through the Great Depression is much more fiscally conservative than the baby boom generation. The baby boomers have tended to spend more freely, amass more debt, and save significantly less than those who lived through the Great Depression.
(A) As those wha Gred thraugh the Great Depressian pass awray, they are lecking thei accumulated wealth to their baty boum children. What effect will this heve an the cansumption share line? Please explan.
(B) As the baby boamers cantinue to spend freely, how might their spencling affect consumption exgenditures in the future?