As nuclear families replace extended families in industrial societies, older people no longer reside with their adult children. The role of the elderly in retaining and disseminating information has diminished in industrial societies. The elderly have lost much of their economic power. Sociologist Donald O. Cowgill has hypothesized that:
A) The status and role of the elderly in the future will increase because the birthrate has dropped to an all-time low.
B) There will be an elderly revolution, termed the "Silver-Haired Rebellion," which will place much of the lost power and status back into the hands of the older segment of society.
C) As the rate of technological change accelerates, knowledge quickly becomes obsolete, and this decreases the status and role of the elderly (they are no longer the storage houses of technological knowledge; libraries and databanks have taken over this role) .
D) In the future, there will be a major reorganization of kinship and the family, which will restore power to the elderly.
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