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The size of the cash buffer depends upon:
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant changes in agriculture, manufacturing, mining, transport, and technology.
Midlife Crisis
A period of emotional turmoil and identity questioning that can occur in middle adulthood, often associated with reevaluating one's life achievements, goals, and relationships.
Middle Adulthood
A stage of life typically defined by ages 40 to 65, characterized by increased personal and professional responsibilities, stability, and reflection.
Development Theories
Frameworks that explain the physical, cognitive, and social changes that occur throughout different stages of human life.
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