Many of the young generation in South Korea have given up those three things because of social pressures and economic problems, such as increasing cost-of-living, tuition payments, and affordable housing scarcity.
[6] They defined Sampo generation members as those with unstable jobs, high student loan payments, precarious preparations for employment, etc., and who postponed love, marriage, and childbirth without any prospective plans.
The emergence of the Sampo generation demonstrates that the structure of the traditional family unit was disintegrating at an alarming rate, according to the report.
[9] Since then, it has spread socially through various media, political circles, and the Internet, and has become a symbolic term to reveal the lives of young people and the challenges of our society.
Socially, this can explain the decreasing birthrate, as late or lack-of marriage lifts a burden of childcare, can induce depression and suicide rates, and accelerates an aging society and the absence of a generation responsible for the welfare of the elderly.