New values of self-fulfillment have brought change to american culture, economic decisions, and government policies. describe how you think the new values of your generation will affect economic decisions.

Values of Millennial and Generation X are very difficult from what was normal 30 years ago.

Today, relationships have become more casual and there are most instances of single-parents and free choices. Religion is gradually playing a lesser role which has meant legalization of gay marriage and opening up of alternative culture and genders.

There is also a surge in environmental awareness and a need to protect the environment and reduce wastage.

The values of the new generation would mean less spending on plastics, non-recyclable products and shunning of fossil fuels. Electric cars will become more popular and people would want to drive smaller cars.

We have already seen shifts in clothing as people rejected animal-derived fur. We might also see more spending on vegetarian and vegan food as that becomes popular.

Values of Millennials and Generation X are very difficult from what was normal 30 years ago.  Relationships have become more casual and there are most instances of single-parents and free choices. Religion is gradually playing a lesser role which has meant the legalization of gay marriage and opening up of alternative cultures and genders.

Affect of economic decisions on the new values of our generation:

To know more about the effect of the economic decisions, refer to the link below:

link

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

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