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Can the Same Principles That Have Been Used in the Study

question 11

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Can the same principles that have been used in the study of advanced economies be used to study less developed economies as well? Explain your answer.


Definitions:

Generation Y

Also known as Millennials, the demographic cohort following Generation X, typically born between the early 1980s and mid-1990s.

Generation Z

Refers to the demographic cohort following millennials, typically born between the late 1990s and early 2010s.

Cultural Ageism

Discrimination or prejudice against individuals based on their age, particularly within cultural contexts or practices, leading to stereotypes and marginalization.

Ephebophobic

Having an irrational fear of youth or young people.

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