Louis Was Born in 1920 and Spent Four Years in the Navy

question 37

Multiple Choice

Louis was born in 1920 and spent four years in the Navy during World War II.He doesn't understand his grandchildren's spending habits because he was always thrifty.Which of the following generational microcultures is Louis most likely to belong?

• A) Baby Boomers
• B) Silent generation
• C) Generation X
• D) Millennials
• E) Greatest generation

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Definitions:

FIFO

Stands for "First In, First Out," a method used in inventory and financial accounting to manage and value inventory by selling or using assets in the order they were acquired.