Hey kiddo! Have you ever heard someone say they are from a certain "socio-economic group"? It might sound like a big and confusing word, but it just means the group of people they belong to based on how much money they have and how they live their lives.
Now, let's talk about a specific socio-economic group called "bobo"! Bobo is short for "bourgeois bohemian", which is a fancy way of describing people who belong to the upper-middle class. These are people who usually have a good education, a high-paying job, and a comfortable lifestyle.
But what makes "bobo" different from other upper-middle class groups is that they also value creativity, culture, and social consciousness. They like to spend their money on things like organic food, art, and traveling to exotic places. They might also care about social issues such as the environment, equal rights, and helping people in need.
So, to sum it up, "bobo" is a term used to describe a specific socio-economic group of people who are well-educated, wealthy, and also value culture and social consciousness. Pretty cool, right?