Yuppies were people who rejected material wealth true or false

false

False

Explanation:

The term Yuppie came on the scene as a slang in 1980's. The term was initially used for the young people that were rich, but were also bragging about it, were usually not rich because of their own capabilities, wore high fashion clothing, and drove expensive, new cars. In general, the common people despised them because of their undeserved success and way of behavior. As the time passe on, the term has gradually lost its derogatory meaning, and nowadays is used for describing affluent professionals.