The Word "millennials" became a trendy topic when our Finance Minister Nirmala Sitharaman mentioned millennials in one of her addresses while talking about the slowdown in the automobile industry.
She Said "The automobile and components industry has been affected by BS6 and the mindsets of millennial, who now prefer to have Ola and Uber rather than committing to buying an automobile,"
Upto what Extent this statement is correct or not we are not going to discuss that in this particular blog there are many other blogs who told you about that, our main concern is with this word "MILLENNIALS" .
Is this word "Millenials" is a new word ? or "m/s nirmala sitharaman" Discovered this word by her self ?
Because there are lot of twitter handles who put this word by our finance minister as a joke and reacted as the above statement ("m/s nirmala sitharaman" Discovered this word by her self ) is true, and there are two more hashtag came from this controversy #BoycottMillennials & #SayitLikeNirmalaTai.
Lets Explore this word "MILLENNIALS"
- WHO ALL ARE MILLENNIALS ?
Millennials, also known as Generation Y are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with 1981 to 1996 a widely accepted definition. Millennials are sometimes referred to as "echo boomers" due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers. The characteristics of millennials vary by region and by individual, and the group experiences a variety of social and economic conditions, but they are generally marked by their coming of age in the Information Age, and are comfortable in their usage of digital technologies and social media.
In simple words if your age is between 23 to 37 years in the year 2019 you are a "MILLENNIAL". or you can say that the kids of 19's will fall under this category. this is the generation who used both from a "FIXED LAND LINE PHONE" to " WIFI" .
- IS THERE ANY OTHER NAMES AS MILLENNIALS TO DESCRIBE GENERATIONS ?
The answer is yes, as per researchers they provide name s to each generation according to their living condition and the categories are made in the basis of their year of birth.
- WHAT ARE THE NAMES AND HOW THEY ARE CATEGORIZED ?
- The Lost Generation, also known as the Generation of 1914 in Europe,[33] is a term originating with Gertrude Stein to describe those who fought in World War I. The members of the lost generation were typically born between 1883 and 1900. All known members of this generation are now deceased.
- The Greatest Generation, also known as the "G.I. Generation,"[34] are those who include the veterans who fought in World War II. They were born from around 1901 to 1927[35] and came of age during the Great Depression. Journalist Tom Brokaw wrote about American members of this cohort in his book, The Greatest Generation, which popularized the term
- The Silent Generation, also known as the Lucky Few, were born from approximately 1925 to 1942.[37] It includes some who fought in World War II, most of those who fought the Korean War and many during the Vietnam War.
- Baby boomers, also known as Generation W[38] or the Me Generation, are the generation that were born mostly following World War II, typically born from 1946 to 1964. Increased birth rates were observed during the post–World War II baby boom making them a relatively large demographic cohort
- Generation X, commonly abbreviated to Gen X, is the generation following the baby boomers. Demographers and researchers typically use starting birth years ranging from the early-to-mid 1960s and ending birth years in the early 1980s. The term has also been used in different times and places for a number of different subcultures or countercultures since the 1950s
THEN COMES THE GENERATION OF MILLENNIALS as we already describe the generation no need to repeat that again
- 6.Generation Z is the cohort of people born after the Millennials. Demographers and researchers typically use the mid-1990s to early-2000s as starting birth years
- WHO DECIDE THE NAMES OF GENERATION.
The answer is no one, there are some group of intellectuals who made famous these names so, they can we used for different purpose like media trials or marketing purpose. but that is not like that they only have the authorities to decide names in fact, you can decide names for the generation .
I hope this is all you want to know about the millennials and all your queries came to an end.
And For all "MILLENNIALS" here is the link to serve the shopping needs of your generation to visit the site click here.
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