According to social exchange theory,:

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Social exchange theory proposes that individuals maintain social relationships based on the exchange of rewards and costs. This applies to relationships between generations as well. As such, the power and respect commanded by older adults are contingent upon the costs and contributions they make to society. In other words, the theory suggests that an equitable balance can be achieved between the benefits accrued by society from elders and the degree of deference and esteem accorded to them.

According to Social Exchange Theory