Question

The elderly can be divided into three age groups. Aside from their younger age, what advantages do the "young old" have over the "oldest old"?

a) The young old tend to be more educated.
b) The young old grew up during a time of economic prosperity.
c) The Great Depression and World War II had little effect on the lives of the young old.
d) The young old profited from owning their own homes during a positive real-estate market.
e) All of the above.

Answer 1

The 'young old' have advantages over the 'oldest old' including higher levels of education, growing up during economic prosperity, and profiting from the real-estate market.

Step-by-step explanation:

The advantages that the 'young old' have over the 'oldest old' include:

1. The young old tend to be more educated: The young old have had greater access to education and are more likely to have higher levels of education compared to the oldest old. This can provide them with better job opportunities, financial security, and a higher quality of life.
2. The young old grew up during a time of economic prosperity: The young old were born and grew up during a time of relative economic stability and prosperity. This means that many of them had access to better job opportunities, higher incomes, and greater financial security compared to the oldest old who may have experienced economic challenges and hardships during their youth.
3. The young old profited from owning their own homes during a positive real-estate market: The young old had the opportunity to purchase and own homes during a positive real-estate market, which can provide them with financial assets and stability in later life.

Therefore, the correct answer is Option E: All of the above.