bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 22.10.2017 | Name days: Irīda, Īrisa

From a demographic boom to digital natives – what characterizes each generation

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn the past, people valued hard work – many of us have heard that phrase from their grandparents at least at some point in life. It is true: for the post-war generation, the so-called baby boomers, work is the point of their life. For the Millennium generation, on the other hand, the ability to combine private life with career is the most important aspect of their lives.

To help representatives of two generations better understand one another and form better relationships, it is important to know what each generation values to most. National Geographic channel has compiled characteristics that define the two generations.

Baby boomers – people born between 1946 and 1964

The generation that was born during the demographic boom after WWII. Slowly recovering from economic difficulties, many countries had experienced rapid booms in birth rates. In the west, Baby boomers entered a world that had relatively difficult living conditions. Thanks to education, government subsidies, rising real estate property prices and technological progress, they became a successful and wealthy generation.

The main difference between representatives of this generation in the western world and the former eastern bloc is wealth – unlike western residents, many people living in the post-Soviet territories did not manage to achieve sufficient wealth to ensure care-free retirement.

Baby boomer generation consists of people who built up their countries’ economy. These people are hard workers who had often lacked the time to devote to their family or rest. These people value status in their place of work and social status. They are very loyal workers, often staying in a single work place for their entire life.

Generation X – people born between 1962 and 1980

Generation X was affected by massive global political developments – the Vietnam war, the fall of the Berlin wall and the end of the Cold War. This generation is more open for variety. Representatives of Generation X are more tolerant towards religious, sexual, racial and ethnic differences.

Representatives of this generation grew up on their own, because their parents were more often busy at work or otherwise busy. Having gained better education, representatives of this generation are more self-confident and are generally more individualistic.

Generation X has a more ironic and sceptical view towards life. This generation began technological development. They also combine two very important personality traits – sense of responsibility and personal freedom.

Millennium generation – people born between 1980 and 2000

This generation was shaped by technological revolution that took place during their youth. These people grew up with technology; using gadgets and other technological accessories is in their blood. Armed with the latest technologies, representatives of this generation are connected to the internet 24/7.

This generation focuses on achievements, looking for growth in career and personal life. Representatives of this generation are optimistic, socially active and self-confident. It is important for them to combine work with family life and leisure. They are not afraid to change their beliefs. They also do not stick to a single job, style or brand.

Generation Z or digital natives – people born after 2000

It is expected that the life of this generation will go alongside with the development of technologies and wide use of social networks. Representatives of this generation communicate with one another more often and more intensely than representatives of other generations. Representatives of this generation and their views drastically differ from previous generations. They not only represent the future – they make it.

Ref: 102.109.109.7952


Leave a reply

BNN summary of the week: birth and death rates in Latvia turn out shocking. Gambling halls to close down

BNN offers a summary of this week’s topical news in a variety of categories: Fight; Truth; Business; Future.

Professor: by taking money away from science, the state shoots itself in the foot

The matter regarding insufficient funding for science has recently become more topical in the public space. President of Latvian Academy of Sciences Ojārs Spārītis is rather critical of the situation: Latvia has lied to the European Union and European Commission about making sure that funding for science reaches 1.5% of GDP by 2020.

To prevent fraud, audit of MPC recipients to be performed in Latvia

Latvian Economy Ministry intends to perform an audit of mandatory procurement component recipients and use new regulations to combat fraudulent activities, as confirmed by Economy Minister Arvils Ašeradens.

Rail Baltic procurements to be processed using Electronic Procurements System

Following the changes to Latvian Republic’s Public Procurements Law, all new procurements for Rail Baltica administered by RB RAIL will be processed using a free electronic information system and its e-contest subsystem.

Estonian construction price index pushed up by wages

The construction price index in Estonia has in July-September of 2017 increased by 0.9% in comparison to second quarter this year and by 1.7% from July-September of 2016, Estonian statisticians have estimated.

Surplus of Latvia’s government budget reached 9.5 million euros in 2016

In 2016 general government budget surplus accounted for EUR 9.5 million or 0.04 % of the Gross Domestic Product, whereas general government consolidated gross debt amounted to EUR 10 091.6 million or 40.6 % of the GDP.

Latvia to invest EUR 5.9 million into formation of unified port network

Ports of Riga planning region and Kurzeme planning region have commenced an important tourism project. The goal of this project is creating a unified yacht port network in Latvia and Estonia with quality services that would allow developing sailing tourism and attract foreign sailing enthusiasts in the future, reports the regions’ representative Inese Ozoliņa.

Graft-suspected Tartu deputy mayors resign

In Estonia's second largest city, Tartu, Deputy Mayors Artjom Suvorov and Valvo Semilarski have stepped down from office, Estonian press reported, after the politicians were arrested under suspicion of graft.

Expert: workers of Latvia’s NGO sector have high ‘burnout’ risk

Workers of Latvia’s NGO sector have a high burnout risk, said once the director of Providus Dace Akule in an interview to Latvijas Radio.

Producer: many young people come to work in the film industry

Latvia’s film industry has been steadily growing these past several years, and it is especially gratifying that many young people are coming to work in the industry, says director and producer, representative of Film Angels Productions Jānis Kalējs.

Pollution blamed for every sixth premature death globally

Nine million premature deaths globally in 2015 are said to be related to pollution, a study has found pointing to presence of harmful matter in air, water and workplace as the three main risk factors.

Infectologist: influenza kills biologically the weakest, including children and pregnant women

Influenza is an infection that affects both children and adults. However, it kills those who are biologically weak, says Immunization State Council chairperson and infectologist of Children’s Vaccination Centre Dace Zavadska.

Investor activity made easier between Latvia and Vietnam

An intergovernmental agreement has been signed between the Republic of Latvia and Socialist Republic of Vietnam on prevention of double taxation and tax avoidance in relation to income tax.

Colder masses of air to enter Latvia in coming days; precipitation to be limited

Although high atmospheric pressure will be present above Latvia in the coming days, southern regions in Latvia will experience short-term precipitation on Saturday, 12 October, caused by the cyclone active above Poland. Colder masses of air will enter Latvia in the coming days.

Maltese journalist said to be killed by remotely-controlled explosive

Officials in Malta have unveiled it is assumed that investigative journalist Daphne Caruana Galizia was murdered by an explosive places under her car, which was detonated remotely.

Prime Minister: Latvia cannot accept additional asylum seekers

Latvia cannot afford to resettle additional asylum seekers, said Prime Minister Māris Kučinskis during his meeting with European Commission President Jean-Claude Juncker on Thursday, 19 October.

Scandinavians purchase tourism company in Lithuania; changes expected in Latvia too

Dutch Otravo online travel organization has expanded and has purchased Lithuanian online travel agency Interno Partneris, thereby entering the Baltic market.

Ombudsman: non-citizen status matter should be resolved in next decade

The next ten years may be the transition period to ‘put an end’ to the non-citizen status in Latvia, said ombudsman Juris Jansons in an interview to LTV programme Rīta panorama.

Swedish Foreign Minister: harassment exists at highest political level

The Foreign Affairs Minister of Sweden, Margot Wallström, has commended the current sexual assault and harassment awareness campaign in social media and urged to fellow politicians to address the problem.

Latvenergo recognized as Latvia’s most valuable company for tenth time

Latvenergo has been recognized as Latvia’s most valuable company in 2017. Its value grew 34% in comparison with 2016, according to the TOP 101 list of Latvia’s most valuable companies compiled by Prudentia and Nasdaq Riga.

Number of births and number of deaths decline in Latvia

During the first nine months of this year 15,723 babies were born in Latvia, which is 1,113 children fewer than in the corresponding period of the last year.

CC applies binding conditions for the sale of MTG Broadcasting AB

Latvian Competition Council has decided to permit Bite Lietuva to purchase MTG Broadcasting AB group’s businesses in Latvia. CC has applied several binding conditions to prevent a possible impact on competition on the television services and advertisement market.

Eesti Energia warns: Limiting CO2 emissions on capacity could endanger energy supply

Estonian energy giant Eesti Energia has evaluated that a plan under discussion in the European Union to introduce a carbon dioxide release limit for capacity mechanisms to qualify for subsidies could adversely affect the security of supply in Estonia and the Baltic states.

Solidarity tax norm recognized as non-compliant with Latvia’s Constitution

On Thursday, 19 October, the Constitutional Court of the Republic of Latvia declared the Solidarity tax norm as non-compliant with the country’s Constitution.

Survey: Riga residents go to the doctor’s the most often

34% of residents undergo regular health checks, according to Mana Aptieka & Apotheka health index. In addition, women are twice as serious about health checks as men.