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Essay Available:
Pages:
2 pages/≈550 words
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1 Source
Level:
MLA
Subject:
Literature & Language
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:

"The Cheapest Generation" Identifying and Evaluating Evidences (Essay Sample)

Instructions:

Read an article and answer 6 questions in completed sentences. The article(html hotlink) and 6 questions(pdf file) included in the attachment. In case if html hotlink doesn't work, please use the link below:
https://www(dot)theatlantic(dot)com/magazine/archive/2012/09/the-cheapest-generation/309060/

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“The Cheapest Generation,” Identifying and Evaluating Evidences
Issues and Conclusion
Thompson and Weissmann are questioning the sudden decline millennials spending on cars and houses. Their question is, why are the millennials not interested in purchasing cars and houses compared to their cohort age group in the past and its impact on the economy? Specifically, the authors are looking into the reasons that could have contributed to the notable aversion to cars and houses by the generation Y (Thompson and Weissmann 1). The reduction in huge spending on houses possesses negative implications to both the present and future of the economy. Based on several studies, the author concludes that there is a sharp decline in spending on cars and houses by millennials are the effects of economic downturns, change on demographic patterns and size, change in taste and preferences, as well as changes in priorities and consumer habits on huge spending.

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