Generation Z Explained: Who They Are, What It Means, And Why Nepal’s Protests Sparked Global Discussion

International News: A large number of Generation Z youth in Nepal took to the streets to protest against the government. This protest was mainly against corruption and the government's decision to ban 26 unregistered social media platforms such as Facebook, Instagram, WhatsApp, YouTube and Snapchat. After which people have become curious to know about this generation (Gen Z). 

Generation Z comprises people born between 1997 and 2012, who are rapidly changing the social, economic and technological landscape of today's world. By 2025, this generation will account for nearly 30 percent of the global workforce and are setting new standards in their behavior, thinking and financial outlook.

Characteristics of Gen Z

This generation was born in the era of internet, smartphones and social media, hence it is called 'digital native'. Technical proficiency, diversity, inclusiveness and awareness of social issues are its main identity. Nearly half of the Generation Z people in America come from racial and ethnic minority communities and are more open to embracing LGBTQ+ identity than previous generations.

Move ahead with long term planning 

Generation Z is considered to be very practical from an economic point of view. This generation has seen economic instability in its childhood and youth. From the recession of 2008 to the Covid-19 pandemic.

This is why it is more cautious, financially aware and ahead in making long-term plans. According to reports, by 2025, more than half of the Generation Z working people consider an annual income of 50 thousand to 1 lakh dollars sufficient for a stable life. The special thing about this generation is that this generation starts saving at an average age of 19 and invests about 20 percent of its income.

Good results in the field of education

This generation has also given good results in the field of education. The high school graduation rate in America has reached historical levels. College admissions have also increased again after the pandemic. However, despite the high interest in STEM subjects, the number of students pursuing careers is limited. This generation is very vocal on social issues. Climate change, racial equality, access to healthcare and mental health are major concerns for them.

According to the survey

Surveys show that more than 80 percent of Generation Z are concerned about the climate crisis and demand strict policies. This generation also openly discusses mental health and considers it a crisis in American society. Generation Z is at the forefront in terms of technology. 98 percent of people have a smartphone and 95 percent are active on social media. Online shopping, product search and digital learning are part of their everyday life. This is why companies are now designing their products and services with a mobile-first approach.