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Questions and Answers
Which generation is characterized as a 'throwback generation' that wants to work, save money, and avoid credit?
What percentage of Gen Z has a money or payment app on their phone?
Which generation is more ad-averse and willing to engage with brands?
How much time does Gen Z spend on their mobile devices per day?
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Which generation is already thinking about retirement?
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Which generation is characterized by growing up constantly connected to the world through smartphones, tablets, and computers?
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What is one similarity between Millennials and Gen Z?
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How does Gen Z differ from Millennials in terms of their view on money?
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What percentage of Gen Z has a money or payment app on their phone?
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Which generation spends more than an hour a day on their mobile device?
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Study Notes
Generational Characteristics
- Gen Z is characterized as a 'throwback generation' that wants to work, save money, and avoid credit.
- Gen Z is more ad-averse and willing to engage with brands.
- Gen Z is already thinking about retirement.
Technology and Mobile Devices
- 75% of Gen Z has a money or payment app on their phone.
- Gen Z spends more than 3 hours a day on their mobile devices.
- Gen Z is characterized by growing up constantly connected to the world through smartphones, tablets, and computers.
Comparison with Millennials
- One similarity between Millennials and Gen Z is that they both use technology extensively.
- Gen Z differs from Millennials in terms of their view on money, with Gen Z being more focused on saving and avoiding credit.
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Description
Test your knowledge on the digital generation and understand the similarities and differences between Millennials and Gen Z. Explore how technology has shaped their lives and discover how they differ in their thinking and actions.
