Millennials vs Gen Z
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Questions and Answers

Which generation is characterized as a 'throwback generation' that wants to work, save money, and avoid credit?

  • Baby Boomers
  • Gen Alpha
  • Gen Z (correct)
  • Millennials
  • What percentage of Gen Z has a money or payment app on their phone?

  • 25%
  • 10%
  • 65%
  • 48% (correct)
  • Which generation is more ad-averse and willing to engage with brands?

  • Millennials
  • Gen Alpha
  • Gen Z (correct)
  • Baby Boomers
  • How much time does Gen Z spend on their mobile devices per day?

    <p>Around 1 hour</p> Signup and view all the answers

    Which generation is already thinking about retirement?

    <p>Gen Z</p> Signup and view all the answers

    Which generation is characterized by growing up constantly connected to the world through smartphones, tablets, and computers?

    <p>Gen Alpha</p> Signup and view all the answers

    What is one similarity between Millennials and Gen Z?

    <p>Both generations have lived life in a mobile-first world</p> Signup and view all the answers

    How does Gen Z differ from Millennials in terms of their view on money?

    <p>Gen Z finds brand texts, notifications, or mobile offers invasive</p> Signup and view all the answers

    What percentage of Gen Z has a money or payment app on their phone?

    <p>48%</p> Signup and view all the answers

    Which generation spends more than an hour a day on their mobile device?

    <p>Gen Z</p> Signup and view all the answers

    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.

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