According to the Encyclopedia Britannica, the hippie era started to wane by the mid-1970s, and by the 1980s, hippies had given way to a new generation called yuppies, also known as young urban professionals. Yuppies were young people intent on making careers for themselves in business.
A hippie, which is also spelled hippy, is a member of a countercultural movement that rejected mainstream American life during the 1960s and 1970s. The hippie movement started on college campuses in the United States and eventually spread to other countries, including Canada and Britain. The hippie movement partly arose from an opposition to the United States involvement in the Vietnam War, but hippies were often not directly engaged in politics. The activist counterparts to hippies were called yippies, who were involved in the Young International Party.