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A generation gap or generational gap is a difference of opinions and outlooks between one generation and another. These differences may relate to beliefs, politics, language, work, demographics and values. [ 1 ]
An inter-generational contract is a dependency between different generations based on the assumption that future generations, in honoring the contract, will provide a service to a generation that has previously done the same service to an older generation.
A generation gap occurs when the experiences and attitudes of one generation differ significantly from those of another. The world wars contributed to generation gaps in several nations. The term first saw widespread use in contrasting the Baby Boomer generation with their parents. The "Youth culture" of adolescents and teenagers seeking to ...
Another way to close the wealth gap and build generational wealth is to tackle your debt. “High-interest debts, such as credit cards, can erode wealth over time,” Blair said.
A cusper is a person born near the end of one generation and the beginning of another. People born in these circumstances tend to have a mix of characteristics common to their adjacent generations, but do not closely resemble those born in the middle of their adjacent generations, and thus these cusper groups can be considered micro generations.
Generational wealth refers to the financial assets that are passed down from one generation to the next. Because of systemic barriers – including racial discrimination in housing, employment and ...
This generation is known for being digital natives, even more so than Gen Z, having been born into a world that is fully integrated with technology, social media and global connection.
This definition is a measure of the distance between generations rather than a renewal time of the population. Since many demographic models are female-based (that is, they only take females into account), this definition is often expressed as a mother-daughter distance (the "average age of mothers at birth of their daughters").