Which of the Following Statements About Generation Y Is True

question 19

Multiple Choice

Which of the following statements about Generation Y is true?

• A) Its members were born between 1965 and 1978.
• B) It is over three times as large as Generation X.
• C) The members of Generation Y are pressed for time and spend more on personal services than any other age group.
• D) Members of Generation Y are the first generation of latchkey kids.
• E) All of these statements are true.

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Definitions:

Emergency Banking Act

A law passed in 1933 during the Great Depression that aimed to stabilize the banking sector, restore public confidence, and prevent the failure of banks.

Roosevelt's Inauguration

The ceremony marking the beginning of Franklin D. Roosevelt's presidency, notable for his speech declaring the only thing to fear is "fear itself" during the Great Depression.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold, ensuring stable prices and exchange rates.

Consumer Faith

The confidence and trust that consumers have in the quality, safety, and reliability of the products and services they purchase.