What impact is likely to occur due to the baby boom generation?

The impact of the baby boom generation on various sectors is significant, particularly regarding lifestyle and recreational preferences. As this generation ages and transitions into retirement, their interests often shift towards leisure activities, including golfing and recreational products. This demographic, traditionally associated with increased spending power, is likely to seek out hobbies and pastimes that promote relaxation and enjoyment in their later years. Consequently, this heightened interest can lead to an increase in the demand for golfing, recreational equipment, travel, and related services that cater to an active, leisure-oriented lifestyle.

The other options present scenarios that are less aligned with the trends associated with the baby boom generation. For instance, a decrease in demand for healthcare services is unlikely due to aging populations typically experiencing greater healthcare needs. Similarly, technology adoption rates are generally expected to stay steady or even rise as older generations increasingly adapt to new technologies. Lastly, the housing market is anticipated to face demand challenges influenced by the preferences and financial situations of boomers, but a significant drop is not a direct consequence of their movement into retirement. In essence, the correct choice highlights a clear trend of increased interest in leisure activities as a result of demographic shifts.