CC BY
55
UDC 338.27
GENERATIONAL THEORY: VALUE-ORIENTED APPROACH
© 2016 LEPEYKO T. I., BLYZNYUK T. P.
UDC 338.27
Lepeyko T. I., Blyznyuk T. P. Generational Theory: Value-Oriented Approach
The aim of the article is to identify, analyze and compare basic values of representatives of modern generations in Western Europe and Ukraine using the value-oriented approach, which implies the perception of generational values as one of the three basic layers of personal values (individual, generational and national ones). The article analyzes basic values and conditions of their formation for five modern generations in contemporary Western Europe and Ukraine: the Silent, the Baby Boomers, Generation X, Generation Y and Generation Z. The results of the comparative analysis of basic values inherent in representatives of these generations showed their almost complete identity despite the differences in conditions of their formation. Thus the key factor of grouping people of approximately the same age into one generation is the presence of identical values. Keywords: values, generation, generational conflict, layers of personal values, generational values. Fig.: 1. Tbl.: 2. Bibl.: 14.
Lepeyko Tetyna I. - D. Sc. (Economics), Professor, Head of the Department of Management and Business, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine) E-mail: lepeyko.tetyana@gmail.com
Blyznyuk Tetyana P. - PhD (Economics), Associate Professor, Candidate on Doctor Degree, Department of Management and Business, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine) E-mail: blyznyuk. tetyana@gmail.com
УДК 338.27
Лепейко Т. I., Близнюк Т. П. Теорiя поколшь: цннсно ор^нтований nidxid
Метою cmammi е виявлення, анал'в i порвняння основних цшностей представниюв сучасних поколшь Захiдноi £вропи та Украши на основi цшнсно ор'кнтованого тдходу, який заснований на сприйняттi цшно-стей поколшь як одного з трьох основних шарв цшностей кожно: осо-бистостi (iндивiдуальнi, поколшськ та нацюнальт). Проанал'вовано основн'> ^ннот та умови :х формування у п'яти сучасних поколшь, пред-ставлених у сучаснш Захiднiй £врот та УкраЫ:«мовчазнi», беб'>-бумери, поколшняХ, поколшня YiпоколшняZ. Результати пор'вняльного анал'ву основних цшностей представниюв цих поколшь показали :х майже по-вну 'дентичшсть, незважаючи на вiдмiнностi в умовах :х формування. Таким чином, ключовим фактором об'еднання груплюдей приблизно одного вшу в одне поколшня е саме наявшсть 'дентичних цшностей. Ключов'! слова: цнностi, поколшня, конфл'жт поколшь, шари цiнностi особистот поколiнськi цiнностi. Рис.: 1. Табл.: 2. Ббл.: 14.
Лепейко Тетяна 1ва^вна - доктор економiчних наук, професор, зав'ь дувачка кафедри менеджменту та бiзнесу, Хармвський нацональний економiчний ушверситет iменi Семена Кузнеця (пр. Науки, 9а, Хармв, 61166, Украша)
E-mail: lepeyko.tetyana@gmail.com
Близнюк Тетяна Павл'юна - кандидат економiчних наук, доцент, докторант кафедри менеджменту та бiзнесу, Хармвський нацональний економiчний ушверситет iменi Семена Кузнеця (пр. Науки, 9а, Хармв, 61166, Украша)
E-mail: blyznyuk. tetyana@gmail.com
УДК 338.27
Лепейко Т. И., Близнюк Т. П. Теория поколений: ценностно ориентированный подход
Целью статьи является выявление, анализ и сравнение основных ценностей представителей современных поколений Западной Европы и Украины на основе ценностно ориентированного подхода, который основан на восприятии ценностей поколений как одного из трех основных слоев ценностей каждой личности (индивидуальные, поко-ленческие и национальные). Проанализированы основные ценности и условия формирования этих ценностей пяти современных поколений, представленных в современной Западной Европе и Украине: «молчаливые», беби-бумеры, поколение Х, поколение Y и поколение Z. Результаты сравнительного анализа основных ценностей представителей этих поколений показали их почти полную идентичность, несмотря на различия в условиях их формирования. Таким образом, ключевым фактором объединения групп людей приблизительно одного возраста в одно поколение является именно наличие идентичных ценностей. Ключевые слова: ценности, поколение, конфликт поколений, слои ценностей личности, поколенческие ценности. Рис.: 1. Табл.: 2. Библ.: 14.
Лепейко Татьяна Ивановна - доктор экономических наук, профессор, заведующая кафедрой менеджмента и бизнеса, Харьковский национальный экономический университет имени Семёна Кузнеца (пр. Науки, 9а, Харьков, 61166, Украина) E-mail: lepeyko.tetyana@gmail.com
Близнюк Татьяна Павловна - кандидат экономических наук, доцент, докторант кафедры менеджмента и бизнеса, Харьковский национальный экономический университет имени Семёна Кузнеца (пр. Науки, 9а, Харьков, 61166, Украина) E-mail: blyznyuk.tetyana@gmail.com
One of the main reasons of the economic prosperity of some countries and underdevelopment of others are their cultural differences. Some cultural characteristics can obstruct the economic development of the country, while others can contribute to this process. The direct and immediate impact of cultural values on the economic situation in the country is not clearly proved. There are a lot of discussions around this problem [5]. According to one of the opinions, culture and values have close relationships with economic development of society [2, p. 152].
S. Schwartz [12] in his theory of basic human values emphasizes that there is a universal organization of human motivations built upon the nature of values. The structure of the values is universal, but individuals and groups differ substantially in the relative importance they attribute to these values.
According to Neil Howe and William Strauss and their generational theory [10], key factors to define personalities in each generation are generational values. Therefore, in the process of comparative analysis of generations and
Б1ЗНЕС1НФОРМ № 11 '2016
www.business-inform.net
their characteristics the main emphasis should be made on the basic generational values.
The aim of the article is to identify, analyze and compare modern generations in Western Europe and Ukraine using the value-oriented approach. The obj ect of the research is the process of forming basic values of each modern generation in Western Europe and Ukraine. The methodology of the research is based on studying and analyzing foreign scientific literature [5-12; 14] as well as works by domestic scientists [1-4; 13] that focus on the basic aspects of the theory of basic human values and the generational theory.
Values are used to characterize cultural groups, societies, and personalities, to trace their changing over time and explain the motivational bases of attitudes and behavior. Personal values are the background for integration of social relations in any country. P. Mondal [8] considers personal values the basis of judgments about what is desirable, beautiful, proper, correct, important, worthwhile and good as well as what is undesirable, ugly, incorrect, improper and bad. Unlike needs, personal values are the most stable part of human internal characteristics.
Formation of the system of personal values is going up to the age of twelve or fourteen. A child does not evaluate events in terms of "good or bad", "right or wrong'. He (or she) just tries to find how to live in these conditions, and this process of adaptation to the life is the process of forming personal values.
The list of these values is universal, but for the personality different values have different meaning. Their hierarchy for the personality is unique [1] but their structure is universal and has particular layers resulting from the features of their formation. The system of layers of personal values is presented in Fig. 1.
Fig. 1. The system of personal values
According to this model, there are three layers of personal values. The formation of the layer of individual values is a result of family upbringing and influence of the nearest environment (kindergarten, school). These individual values make each personality so unique even if personalities have similar generational and national values.
The layer of generational values is formed under the influence of events in social, cultural, economic and political environment of the country (region) during the period of first fourteen years of life. That is why representatives of different generations have different lists of these values. These
generational values are deep-seated, unconscious, and not explicit for the personality, but they determine the formation of the personality, influence on the life, activity and behavior of the personality.
The layer of national values is a result of the influence of national traditions and history, identity and religion, language and culture. Inhabitants of the same territory, regardless their age, usually have mostly the same national values.
Neil Howe and William Strauss [10] in their generational theory analyze "the conflict of generations" and emphasize that "generations are formed by the way historical events and moods shape their members' lives and by the fact that these events and moods affect people very differently depending on the phase of life they occupy at the time'! They found that this conflict is based not on the difference in age but on the difference in lists of generational values of different age groups. That means that the key factor of grouping people into the same generation is similar generational values that exist on the subconscious level of each personality [10].
So, generation is a group of people born in a certain period, influenced by the same events and features of environment, and as a result are carriers of the similar system of generational values that exist on the subconscious level of representatives of the generation.
Though in some countries there are very specific moments in time when one generation ends and the new one starts. This leads to slightly different dates for each generation in different areas (regions and countries), but global events of the last century made for a more exact match of the dates. Each generation usually is about 20±2 years in length, this is the time from the birth of a group of individuals to the time they become adults and start their own families.
Neil Howe and William Strauss [10] identified four main archetypes of generations: prophet, nomad, hero, and artist. Each archetype has particular characteristics, which are inherent in every generation of this archetype (each fourth generation). Prophet generations are born after a great war or other crisis, during a time of rejuvenated community life and consensus around a new societal order. Nomad generations are born during a cultural renewal, a time of social ideals and spiritual agendas, when youth-fired attacks break out against the established institutional order. Hero generations are born after a spiritual awakening, during a time of individual pragmatism, self-reliance, laissez-faire, and national (or sectional or ethnic) chauvinism. Artist generations are born during a great war or other crisis, a time when worldly perils boil off the complexity of life, and public consensus, aggressive institutions, and personal sacrifice prevail [10].
Any society in the world is a combination of generations that coexist at a certain moment in time. In modern Western Europe there are five generations of inhabitants: 1) the Silent Generation; 2) the Boom Generation; 3) Generation X, 4) Generation Y and 5) Generation Z. Basic characteristics of these five generations in Western Europe [7; 8; 10; 11; 13; 14] are systematized, analyzed and presented in Table 1.
BI3HECIHQOPM № 11 '2016
www.business-inform.net
Basic characteristics of modern generations in Western Europe: classic approach
Table 1
Generation
Birth years
Archetype
Life experience (formation of values)
Basic values
2
3
4
5
Silent Generation Forgotten Generation "Traditionalists"
1925-1945
Artist
Great Depression (1929-1939) World War II (1939-1945) Creation of the UN (1945) Korean War (1950-1953) until the beginning of 1950s
Adhere to rules
Conservatism
Delayed reward
Discipline and diligence
Duty before pleasure
Family focus
Hard work
Law and order
Loyalty
Patriotism
Patience
Respect for authority
Responsibility
Silence
Stabilizing
Trust in government
Baby Boomers "Winners"
1946-1964
Prophet
Post-War boom (1945-1960) Cold War (1945-1991) Space Travel (1961) Vietnam War (1964-1975) Invasion of Czechoslovakia (1968) Woodstock (1969) "Swinging Sixties" Youth culture Rock music
Sexual Revolution (1960s)
First plastic surgeries
Creation of contraceptive pills (1960s)
until the beginning of 1970s
Achievement Anti-war
Anything is possible Cult of youth and success Extremely loyal to their children
Leadership and power Optimism
Personal gratification Personal growth Rationalism Team oriented Workaholics
Generation X
Unknown Generation Thirteenth Generation MTV
Generation "Latchkey kids"
1965-1980
Nomad
Watergate (1972-1974) Afghan War (1979-1989) End of Cold War (1991) AIDS (1981)
Fall of Berlin Wall (1989) Collapse of the USSR (1991) Operation Desert Storm (1991) Drugs
Alternative music
Era of personal computers
Boom of divorces
Energy crisis
MTV
until the beginning of 1990s
Adaptation
Entrepreneurship and
innovation
Family focus
Global thinking
Lifelong learning
Ignore authorities
Independence
Individualism
Flexibility
Freedom
Pragmatism
Self-reliance
Skepticism
Technological literacy
Generation Y
Millennials Generation Why Generation Next Generation Zero Echo Boomers "Thumb Generation" "Network kids"
1980-2000
Hero
Death of Princess Diana (1997) Military conflicts Digital Media 9/11 terrorist attacks SARS
Google Earth Era of brands Globalization
until now
Avid consumers Ability to obey Civic duty Confidence Diversity
Extremely techno savvy Global community Immediate reward Innocence High morals Highly tolerant Hotly competitive Like personal attention Optimism Self-confidence Sociability still forming
BI3HECIHQOPM № 11 '2016
www.business-inform.net
1
1 2 3 4 5
Generation Z Generation I Internet Generation Generation M (multitasking) "Homelanders" New Silent Generation 2001 - Artist Terrorist attacks Climate changes Military conflicts Globalization still forming Ambition Multi-task Pragmatism Realism Technology-reliance Extremely techno-savvy Entrepreneurship still forming
Source: according to Neil Howe and William Strauss [10].
Traditionalists, also known as the Silent Generation and the Forgotten Generation (1925-1945, now age 91-71), grew up in the period of Great Depression and World War II. Their basic values were formed until the beginning of 1950s. This generation is known as "silent" because they were viewed as an age cohort that never rose in protest as a unified political entity [8]. According to the Howe-Strauss [10] classification of generational archetypes they are the Artist Generation. The Silent Generation started out as the children of crisis and grew up while older people were fighting wars and making great sacrifices on their behalf. The Silent Generation brought the strong work ethics of their parents to the factories of the industrialized society. They believe that you earn your living through hard work [10]. The traditionalists value old-time morals, safety, security, and consistency. They favor conventional business models in the legal workplace and a top-down chain of command as well as work ethics and reliability are important to them [7].
The Baby Boomers, also known as the Winners (1946-1964, now age 70-52) grew up as increasingly indulged children, came of age as the narcissistic youth praising a spiritual awakening, cultivated moralistic principles in their midlives, and emerged as wise elders guiding another historical crisis [10]. Their basic values formed until the beginning of 1970s. According to the Howe-Strauss [10] classification of generational archetypes they are the Prophet Generation. The Boomers are the indulged results of postwar optimism, tomorrow land rationalism, and a "Father Knows Best" family principle. This post-war generation is all about goal setting and achievement. They enjoy creating goals for themselves, or even being assigned specific goals to reach, they are "workaholics". This concerns both their personal and professional lives. For the Winners there are no insurmountable barriers, each new barrier is a personal challenge. The main thing for them is their victory, and they are not able to stop till they win [10]. This generation experienced dramatic shifts in educational, economic and social opportunities. The Boomers are independent and self-assured. They were raised during a turbulent time in history, and they were required to take on their fair share of responsibilities in order to fulfill their roles in society. One of the Boomers' strongest characteristics is their sense of community, ability to unite people [7].
Generation X, also known as the Unknown Generation, the Thirteenth Generation, the MTV Generation and "Latchkey kids" (1965-1980, now age 51-36), grew up in an era of crises from Watergate to the energy crisis and the col-
lapse of Soviet Union. Their basic values formed until the beginning of 1990s. According to the Howe-Strauss [10] classification of generational archetypes, they are the Nomad Generation. They were unprotected children, came of age as the alienated youth in a post-awakening world, mellowed into pragmatic midlife leaders during a crisis, and became tough post-crisis elders [10].
Generation X had an early experience of independent life, which resulted in their independence but also their formation as personalities, the ability to rely on their own strength and experience. They are globalists who do not like barriers and rules [14]. Generation X consists of the largest number of immigrants in the XX century. The feature of this generation is willingness to change and flexibility as a result of the influence of political and social instability in time of their formation. This generation has entrepreneurial talent. Representatives of this generation are already the greatest entrepreneurial generation in U. S. history [10].
The Generation Y, also known as the Millennials, the Generation Why, the Generation Next, the Generation Zero, the Echo Boomers, "Thumb generation" and "Network kids" (1981-2000, now age 35-16) grew up in the new era of globalization, communicational technologies and wireless connectivity, terrorist attacks, military conflicts and epidemics (SARS). Their basic values are still forming. According to Howe - Strauss [10] classification of generational archetypes they are the Hero Generation. The Millennials are the most protected children in history and the most global generation because they are living in an age of unprecedented diversity and exposure to other cultures. Their strong family relationships with their parents and extended families influence their adult lives. The Millennials are characterized by focusing on quick results and importance of self-realization; looking for comfortable psychological climate, flexible schedule, informal communicational style and entertainment component in any activity. They prefer quickly achievable goals [10]. Informational and digital technologies have the main influence on the formation of this generation [11].
Generation Z, also known as Generation I, the Internet Generation, Generation M (multitasking), "Homeland-ers" and the New Silent Generation (born after 2000, now age 16 and younger), were born into the period of terrorism, global recessions and climate changes and grown up in a time of violence, volatility and complexity. Basic values of this generation are still forming. According to Howe-Strauss [10] classification of generational archetypes they are sup-
BI3HECIHQOPM № 11 '2016
www.business-inform.net
posed to be the Artist Generation, but till now it is hard to assert this. Generation Z became much more impatient and multi-task than the previous generations because of growing in a technological boom period [11]. They know how to self-educate and find information. In communications Generation Z prefer visuals and sounds over text, they communicate through images, icons and symbols using simple, short and interactive content.
Now in Ukraine like in Western Europe there are five generations of inhabitants: the Silent Generation; the Baby Boomers; Generation X, Generation Y and Generation Z. Key differences in their characteristics in Ukraine and in Western Europe are their life experience and dates of birth.
Basic characteristics of these five generations in Ukraine are systematized, analyzed and presented in Table 2 [3; 4; 10; 13].
Basic characteristics of modern generations in Ukraine
Table 2
Generation
Birth years*
Life experience (formation of values)*
Basic values
Famous representatives*
Population***
2
3
4
5
e G
Stalinist repressions (the beginning of1930s-1953)
Industrialization (the end of 1920s-1941)
World War II (1941-1945) Post-war devastation (1945-1953) Starvation (1946-1947) Discovery of antibiotics in the USSR (1942)
Stalin's death (1953)
until 1953
Adhere to rules Conservatism Delayed reward Discipline and diligence
Duty before pleasure
Family focus
Hard work
Honesty
Loyalty
Patriotism
Patience
Respect for authority Responsibility
Leonid Bykov (1925-1979) Lina Kostenko (1930) Miroslav Popovich (1930) Leonid Kravchuk (1934) Vyacheslav Chornovil (1937-1999) Vasyl Stus (1938-1985) Leonid Kuchma (1938) Valery Lobanovsky (19392002)
Bohdan Stupka (19412012)
13%
Post-War boom (1945-1965)
Cold War (1945-1991)
Soviet "Thaw" (the mid. 1950s - the
mid. 1960s)
Soviet Union empire (1960s) First space flight (1961) Guarantee of free uniform education
Guarantee of free health care
until 1973
Achievement Cult of success Leadership and power Optimism
Personal gratification Personal growth Rationalism Team oriented Workaholics
Sofia Rotaru (1947) Vladimir Ivasjuk (19491979)
Oleg Blokhin (1952) Viktor Yushchenko (1954) Yulia Tymoshenko (1960) Sergey Bubka (1963)
28%
EE
Q_
o
LU
I—
<c m =r
o
<
S
U
e G
War in Afghanistan (1979-1989) End of Cold War (1991) Perestroika (1985-1991) Chernobyl (1986) AIDS in Soviet Union (1989) Drugs
Total deficit (1980-1990s) Independence of Ukraine (1991) until 1993
Adaptation Entrepreneurship and innovation Family focus Global thinking Lack of patriotism Lifelong learning Ignore authorities Independence Individualism Flexibility Freedom Pragmatism Self-reliance Skepticism
Technological literacy
Vitaliy Klichko (1971) Ruslana Lyzhychko (1973) Basil Virastjuk (1974) Arseniy Yatsenyuk (1974) Svyatoslav Vakarchuk
(1975)
Vladimir Klichko (1976) Andrey Shevchenko
(1976)
Oksana Baiul (1977) Lilia Podkopayeva (1978) Yana Klochkova (1982) Jamala (1983) Anna Bessonova (1984) Anna Ushenina (1985)
32%
19872005
Declining birth rates (until 2005)
Political crises in the Ukraine
(2013-2014)
Terroristic attacks
Military conflicts
SARS
Development of digital technologies
Ability to obey Civic duty
Extremely tech-comfortable
Global community Immediate reward Innocence High morals
Oleksandr Usyk (1987) Anastasia Kamensky (1987)
Anastasia Prihodko (1987) Catherine Lagno (1989) Svetlana Tarabarova (1990) Maria Yaremchuk (1993) Alina Grosu (1995)
17%
BI3HECIHQOPM № 11 '2016
www.business-inform.net
1
6
1 2 3 4 5 6
Social media Highly tolerant
Google Earth Like personal attention
Era of brands Responsibility
Globalization Self-confidence
Antiterrorist operation (from 2014) Sociability
until now still forming
Generation Z 2006- Terrorist attacks Climate changes Military conflicts Globalization Antiterrorist operation (from 2014) still forming Multi-task Realism Technology-reliance still forming - 10%
* Authors' approach.
** Sources: http://nv.ua/project/istoria-100-vydayushchikhsya-l.html; https://miridei.com/sucess-ideas/successful-stories/50_izvestnyh_ukraintsev *** Source: http://www.nakanune.ru/articles/18461/
In Ukraine the Silent Generation (1925-1945, now age 91-71) grew up in the period of Stalinist repressions, industrialization, World War II, post-war devastation and starvation in 1946-1947. According to the author's opinion, their basic values formed until 1953 (Stalin's death). This generation in Ukraine was formed in more difficult conditions than in Western Europe, but the list of their basic values in Ukraine and Europe is mostly similar.
The Baby Boomers (1946-1965, now age 70-51) in Ukraine formed in the period of Post-War boom, the formation of the Soviet Union as a super empire and Soviet "Thaw". Their basic values formed until 1973. According to the authors' opinion, the key factor that formed this generation in Ukraine was Post-War Boom (1945-1965). This generation in Ukraine has mostly the same list of basic values as in Western Europe.
Generation X (1966-1986, now age 50-30) in Ukraine and in European countries grew in radically different informational, conceptual and cultural spaces. Values of this generation in Ukraine formed in difficult times (perestroika, Chernobyl, total deficit, independence of Ukraine). According to the authors' opinion, the key event that formed this generation in Ukraine was Chernobyl (1986). But the lists of their basic values in Ukraine and Europe are mostly similar. Only lack of patriotism could be classified as national difference of this generation in Ukraine. This generation presents the largest part in the structure of population in Ukraine. Now it is becoming dominant in social, political and economic life of the country.
Generation Y (1987-2005, now age 29-11) do not differ much in values and attitudes in countries of the world because of global processes characteristic for this period. According to the authors' opinion, the key event that formed this generation in Ukraine was strong decline of birth rates until 2005. Their basic values are still forming.
Generation Z (born after 2006, now age 10 and younger) is too young in Ukraine. Their basic values are still forming. According to the authors' opinion, one of the key events that formed this generation in Ukraine is the beginning of the Antiterrorist operation (2014).
CONCLUSIONS
Values are used to characterize cultural groups, societies, and personalities. List of these values is universal but different values for the personality have different meaning. The structure of personal values is universal and includes three layers: individual, generational and cultural. The list of generational values is one of the main layers of personal values. These values are formed under the influence of the most important events in social, cultural, economic and political environment of the country (region) during the period of first fourteen years of the life of the personality. As a result the list of these values for each generation is different and even opposite (respect or ignore authority; team orientation or individualism; delayed or immediate reward). Generation is a group of people born in a certain period, influenced by the same events and features of environment, and as a result, are carriers of the similar system of generational values existing on their subconscious level. These values are implicit and perceived unconsciously, but they determine the formation of the personality, influence the life, activity and behavior of the personality. Conflicts of values inherent in different generations result in "the conflict of generations".
Based on the results of this research, the authors made a conclusion that representatives of the same generation in Ukraine have mostly the similar list of basic values as in Western Europe and the list of these generational values is the key factor of grouping personalities in the similar generation regardless their national values. ■
LITERATURE
1. Данилкова М. П. Система ценностей личности. Идеи и идеалы. 2011. Т. 2, № 3. С. 88-93.
2. Лебедева Н. М., Татарко А. Н. Ценности культуры и развитие общества: монография. Москва: ИД ГУ ВШЭ, 2007. 527 с.
3. Костенко И. Теория поколений и портрет современного молодого специалиста. Независимый аудитор. URL: http:// n-auditor.com.ua/ru/component/na_archive/870?view=material
4. Сюмар В. «Третья волна», или Теория поколений в украинской политике. Украинская правда. 7 октября 2013. URL: http://www.pravda.com.Ua/rus/articles/2013/10/7/6999421/
Б1ЗНЕС1НФОРМ № 11 '2016
www.business-inform.net
5. Allen W. M., Hung S. N., Leiser D. Adult economic model and values survey: Cross-national differences in economic beliefs. Journal of Economic Psychology. 2005. Vol. 26 (2). P. 159-185.
6. Bastounis M., Leiser D., Roland-Levy R. Psychosocial variables involved in the construction of lay thinking about the economy: Results of a cross-national survey. Journal of Economic Psychology. 2004. Vol. 25 (2). P. 263-278.
7. Kane S. Common Characteristics of Traditionalists (The Silent Generation). The Balance. URL: https://www.thebalance. com/workplace-characteristics-silent-generation-2164692
8. Mclaughlin D. Closing The Book On The Silent Generation. URL: http://www.nationalreview.com/corner/431388/silent-generation-it-over
9. Mondal P. Values: it's Meaning, Characteristics, Types, Importance. Your Article Library. URL: http://www.yourarticleli-brary.com/society/values-its-meaning-characteristics-types-importance/35072/
10. Howe N., Strauss W. The Next 20 Years: How Customer and Workforce Attitudes Will Evolve. Harvard Business Review. 2007. Vol. July-August. P. 41-52.
11. Robinson M. T. The Generations - Which Generation are You? // Career Planner.com. URL: http://www.careerplanner.com/ Career-Articles/Generations.cfm
12. Schwartz S. H. An Overview of the Schwartz Theory of Basic Values. Online Readings in Psychology and Culture. 2012. No. 2(1). URL: http://dx.doi.org/10.9707/2307-0919.1116
13. Ueberwimmer M., Blyznyuk T. Generational Theory: Cross-Cultural Approach. Economics of development. 2016. No. 2 (78). P. 44-48.
14. Wallop H. Gen Z, Gen Y, baby boomers - a guide to the generations. URL: http://www.telegraph.co.uk/news/features/ 11002767/Gen-Z-Gen-Y-baby-boomers-a-guide-to-the-genera-tions.html
Robinson, M. T. "The Generations - Which Generation are You?". Career Planner.com. http://www.careerplanner.com/Career-Articles/Generations.cfm
Syumar, V. "«Tretya volna», ili Teoriya pokoleniy v ukrainskoy politike" ["The third wave", or the Theory of generations in Ukrainian politics]. Ukrainskaia pravda. http://www.pravda.com.ua/rus/ articles/2013/10/7/6999421/
Schwartz, S. H. "An Overview of the Schwartz Theory of Basic Values" Online Readings in Psychology and Culture. http://dx.doi. org/10.9707/2307-0919.1116
Ueberwimmer, M., and Blyznyuk, T. "Generational Theory: Cross-Cultural Approach". Economics of development, no. 2(78) (2016): 44-48.
Wallop, H. Gen Z., and Gen, Y. "Baby boomers - a guide to the generations". http://www.telegraph.co.uk/news/features/ 11002767/ Gen-Z-Gen-Y-baby-boomers-a-guide-to-the-generations.html
REFERENCES
Allen, W. M., Hung, S. N., and Leiser, D. "Adult economic model and values survey: Cross-national differences in economic beliefs". Journal of Economic Psychology. Vol. 26 (2) (2005): 159-185.
Bastounis, M., Leiser, D., and Roland-Levy, R. "Psychosocial variables involved in the construction of lay thinking about the economy: Results of a cross-national survey". Journal of Economic Psychology. Vol. 25 (2) (2004): 263-278.
Danilkova, M. P. "Sistema tsennostey lichnosti" [The system of personality values]. Idei i idealy. Vol. 2, no. 3 (2011): 88-93.
Howe N. and Strauss W. "The Next 20 Years: How Customer and Workforce Attitudes Will Evolve". Harvard Business Review. July-August (2007): 41-52.
Kostenko, I. "Teoriya pokoleniy i portret sovremennogo molodogo spetsialista. Nezavisimyy auditor" [The theory of generations and the portrait of a modern young professional. The independent auditor]. http://n-auditor.com.ua/ru/component/ na_archive/870?view=material
Kane, S. "Common Characteristics of Traditionalists (The Silent Generation)" The Balance. https://www.thebalance.com/work-place-characteristics-silent-generation-2164692
Lebedeva, N. M., and Tatarko, A. N. Tsennosti kultury i razvitiye obshchestva [The value of culture and the development of society]. Moscow: ID GU VShE, 2007.
Mclaughlin, D. "Closing The Book On The Silent Generation". http://www.nationalreview.com/corner/431388/silent-genera-tion-it-over
Mondal, P."Values: it's Meaning, Characteristics, Types, Importance" Your Article Library. http://www.yourarticlelibrary.com/soci-ety/values-its-meaning-characteristics-types-importance/35072/
BI3HECIHQOPM № 11 '2016
www.business-inform.net
