Final answer:
The period from age 18 to the mid-twenties where full adult independence has not been reached is called emerging adulthood, characterized by identity exploration and life transitions. Economic changes and cultural shifts have contributed to this extended developmental stage, often resulting in the 'Boomerang Generation,' where young adults return to the family home after college due to employment challenges.
Step-by-step explanation:
Emerging Adulthood
The period from about age 18 to the mid-twenties when individuals in Western cultures have not yet achieved full independence as adults is called emerging adulthood. This stage of development is characterized by a continuation of identity exploration and is often focused on work and love. It represents an in-between time where the full responsibilities of adulthood are not yet shouldered. During this time, many experience significant life transitions including higher education, working, and forming romantic relationships.
Several factors contribute to the extension of this developmental period. Changes in the economy and job requirements, such as the increased need for higher education and the challenges of finding adequate employment, have effectively delayed the onset of traditional adult roles. This is reflected in the phenomenon known as the Boomerang Generation, describing young adults who return to their parental home after experiencing difficulty in securing employment post-graduation. Factors such as longer life expectancy, shifting cultural expectations, and the flexibility to explore various life paths also play a part in delaying the onset of adult life.