Final answer:
The correct answer is B). The term 'sandwich generation' refers to people currently in middle adulthood who are taking care of both their children and aging parents at the same time, placing them between two generations that need their support.
Step-by-step explanation:
The generation of adults who find themselves responsible for both raising their own children (usually adolescents) as well as caring for their aging parents is referred to as the sandwich generation. This term captures the unique pressures faced by this group, who are 'sandwiched' between the dual responsibilities of caring for their children and their elderly parents simultaneously.
In contrast, the Baby Boomers are the cohort born between 1946 and 1964 who are now entering their later years, changing societal perceptions of aging and prompting new products and services catering to their needs.
The Millennials, also known as Gen Y, born in the early 1980s to the early 1990s, are currently dealing with challenges such as delayed adulthood due to economic constraints. Meanwhile, Generation X refers to those born between the mid-1960s to the late 1970s/early 1980s. While these other generations face their own unique circumstances, it's the sandwich generation that's specifically defined by their dual caregiving roles.