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Generation Z, often referred to as Gen Z, comprises the population group born roughly between the mid-1990s and the early 2010s. This generation follows the Millennials and differs significantly from its predecessors due to its profound technological and social influences during its formative years. Growing up in an era of smartphones, social media and the global internet, they are true digital natives.
Technological savvy: Gen Z has grown up with digital technologies, which allows them an intuitive use and understanding of smartphones, apps, and social media.
Value authenticity: They prefer transparent, authentic interactions in both social media and advertising and tend to reject traditional marketing approaches.
Diversity and inclusivity: This generation is the most diverse to date and places a strong emphasis on inclusivity and representation in all areas of life, from education to politics.
Environmental awareness: Led by prominent activists of their generation, such as Greta Thunberg, they show a strong commitment to environmental issues and sustainability.
Generation Z faces a number of challenges that shape their attitudes and outlook:
Economic uncertainty: many grew up in the recession of the late 2000s or the COVID-19 pandemic, which influences their views on the economy and stability.
Educational pressure: They are experiencing increased educational pressure and concerns about their future in an increasingly competitive global job market
Mental Health: Studies show that Gen Z has an increased rate of mental health problems, partly due to social pressure and constant online presence.
Generation Z has a considerable influence on culture and consumption:
Media consumption: their preferences for streaming services, e-sports and social media platforms such as TikTok and Instagram are changing the entertainment landscape.
Political and social movements: You are more active than average in social and political movements, especially in areas such as climate change, social justice and political transparency.
Workplace: Their expectations of flexibility, work-life balance and a meaningful professional life are driving change in corporate cultures.
The future of Generation Z looks promising, but also challenging. They face the task of using their digital skills in a rapidly changing global economy, while at the same time shaping the world with their strong awareness of social justice and sustainability. Their ability to harness information technology and advocate for change makes them a powerful force in modern society.
Generation Z is more technologically savvy, more diverse and tends to have more conservative financial attitudes compared to the often idealistic and optimistic Millennials.