Final answer:
Millennials, Generation X, and Baby Boomers are all cohorts, categorized by birth period and common life experiences, shaping their societal impacts and individual perspectives.
Step-by-step explanation:
The terms Millennial, Generation X, and Baby Boomer refer to different cohorts, which are groups of people who share a statistical or demographic trait, typically being born within a certain time frame. These cohorts often share similar life experiences and historical events that shape their views and behaviors.
For instance, Millennials, or Generation Y, are marked by their coming of age during the early 2000s, with many facing the struggles of entering the job market during the recession. Baby Boomers, on the other hand, grew up during the post-World War II era and have influenced societal norms as they aged. Generation X includes those born post-baby boom but before Millennials, often noted for their role in advancing technology and work-life balance shifts.