Definition of Generation X

What does the term "Generation X" mean? What is the definition of the term "Generation X"?

The term "Generation X" is used to describe the generation that was born between the early '60s and the early '80s. Most members of "Generation X" were children of the "Baby Boomer" generation - the term "Baby Boom" refers to the explosion of births that occurred shortly after the end of World War II.

Definition of Generation X - Financial Dictionary"Generation X" experienced the rise of personal computers, the rise of the Internet and the rise of cellular phones. "Generation X" also witnessed the dot-com boom and bust, two Gulf Wars and the fall of the Berlin Wall.

"Generation X" is also called the "MTV Generation", as MTV targeted "Generation Xers" when it first launched.

Members of "Generation X" are widely considered to be highly educated and family-oriented, despite the "slacker" label that followed the generation for a while. Not a surprise, as many members of "Generation X" were attracted to "grunge" bands such as Nirvana and Pearl Jam during their younger years.

According to the US Census Bureau, Generation X statistically holds the highest education levels of any current age group in the United States. Many "Baby Boomers" were able to secure decent employment without a college degree - "Generation X" headed to college in higher numbers as the competition for available jobs heated up once the period of "Great Prosperity" started coming to an end.

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