Todays teens and children born from 1995-2010. Most of the members of Generation Z either don't remember or vaugely remember key events such as the September 11th terrorist attacks or the invasion of Iraq. Most however have been affected by the currant "Great Recession"(2008-present). Unlike Millenials, or Generation Y, Generation Z will grow up in a childhood and teenhood without the luxury of a strong economy. Many compare Generation Z to the Silent Generation who were in between the Greatest Generation and the Baby Boom Generation.
Alternate names for Generation Z include the Homeland Generation or the Homelanders and the Vacant Generation or the Vacants.
Baby Boomer: Peace man!!!!
Generation X: Long live Cobain!!!!
Generation Y/Millenial: Who needs Peace and Grunge when you have Lady Gaga!!!
Generation Z: I wish I could buy an iPad, but I'm in debt!