A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations.

Name: A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations.
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The revolution of rising expectations refers to the expectation that each successive generation will have higher standards of living and more opportunities than the previous generation.

A Child's Assumption That He or She Will Have a Higher