Step 1 : Introduction to the question "Which term described wealthy young people in the 1980s?"
...A new breed of successful young professionals emerged in the 1980s and became known as “yuppies,” based on the acronym for “Young Urban Professionals.” Originally a positive term, “yuppies” described career-focused childless couples who lived in fancy apartments, drove fast cars, and wore high fashion. By the end of the ’80s, the term had become derogatory, however, and linked with a culture of greed.