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.
[5] The term Sampo generation was used by the special reports team of Kyunghyang Shinmun in the 2011 publication "Talking About the Welfare State".
[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.
[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.