CCT109H5 Study Guide - Midterm Guide: Technological Convergence, Vertical Integration, Media Consumption

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CCT109H5 Full Course Notes
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CCT109H5 Full Course Notes
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Document Summary

Millennial: generation of people born 1980-2000 revolving around technology: have instant access to information, reflects our work is knowledge based, assumed to be tech savvy and hyper connected, we expected everything to be on demand. Ex: streaming music vs. buying cds: we have different career aspirations and goals oriented around knowledge economies, service professions and creative industry. Education is different today, require more than just a bachelors degree. Google office: no cubicles, promotes interaction between people: encourages creativity and innovation. Work is becoming more flexible: skills are less about iq and more about eq (emotional intelligence, a lot of iq knowledge will be available through phones, computers. Increasing debt: student loans are higher than automotive, credit card, this debt increases regardless of ses background, decline in government grants but increase in tuition, having a degree is associated with higher income.

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