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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Definitions:

Magnetic Stripes

Patterns of magnetic anomalies found on the ocean floor, parallel to mid-ocean ridges, that record reversals of the Earth's magnetic field.

Triple Junction

The place where three tectonic plates, and three plate-tectonic boundaries, meet.

Plate Boundaries

The edges where two tectonic plates meet, which can be sites of significant geological activity like earthquakes and volcanic eruptions.

Slab Pull

A tectonic process where a cold, dense oceanic plate is pulled beneath a lighter continental or oceanic plate at a subduction zone, driving plate tectonics.