People of the same age tend to share many of the same values and develop similar consumer preferences.

Question

Quizplus · Accepted Answer

People of similar age may have similar life experiences and cultural influences, which can shape their values and preferences in similar ways. This is known as the age-cohort effect. However, it's important to note that individuals within the same age group can have different values and preferences based on their unique backgrounds and circumstances.

People of the Same Age Tend to Share Many of the Same