Which of the Following Best Explains Why Gen Xers as a Group

question 68

Multiple Choice

Which of the following best explains why Gen Xers as a group may be more economically cautious than baby boomers?

• A) Gen Xers grew up during times of corporate downsizing and recession.
• B) Gen Xers watched much of their savings evaporate during the recession of the late 1980s.
• C) Gen Xers are not as materialistic as members of other generations.
• D) Gen Xers tend to seek more guidance from the financial services industry.
• E) Gen Xers are more focused on saving for retirement than baby boomers are.

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