Generation X, Generation Y, and Generation Z - Meaning, Similarities and Differences between them
Generation X, Y, and Z refer to various demographic groups that were born during different periods. People belonging to Generation X, Y, and Z have their specific values, demographics, history, lifestyles, expectations, and history. Generation X, Y and Z Timeline Baby Boomers – Born 1946 - 1964 Generation X – Born 1965 – 1980 Generation Y – Born 1981 – 1994/6 Generation Z – Born 1997 – 2015 Why are Generations Named after Letters? After the Baby Boomers, the first generation was called Generation X as it did not have a cultural identifier. It demonstrated the undetermined characteristics of that generation. The following generations were down to alphabet and came to be known subsequently as Generation Y and Generation Z Why are Generations Y called Millennials? Neil Howe and William Strauss coined the term Millennials for Generation Y as the end of a millennium was around the corner Difference between Generation X, Y and Z Generation X - Media consumption is very high - Can use tech - Like face-to-face banking transactions Generation Y - Media consumption is good with people preferring streaming platforms - Are good at the use of high tech appliances - Put the onus on products and features during banking transactions Generation Z - Live in an extremely tech-connected world - Prefer cashless transactions Generation X, Y and Z – Statistics - In 2020 millenniums spent the most with a tab of 1.4 trillion dollars - Generation Z is close by in terms of spending Famous people from Generation X - Robert Downey Jr - Kurt Cobain - Rodney king - Mike Tyson Generation Y - Cristiano Ronaldo - Zayn Malik - Usain Bolt - Lionel Messi Generation Z - Greta Thunberg - Maddie Ziegler - Kylie Jenner - Dylan Wang This video is on Generation X, Y and Z and it has the following sub-topics. Time Stamps 0:00 Introduction 00:21 Generation X, Y & Z Timeline 00:55 Why are Generations Named after Letters? 01:45 Why is Generation Y called Millennials? 02:10 Difference between Generations X, Y and Z 04:26 Generation X, Y & Z – Statistics 05:07 Most Popular Type of Celebrities by Generations 05:36 Famous People – Generation X 05:48 Famous People – Generation Y 06:01 Famous People – Generation Z This video Belongs to the following playlist on Management