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Does industrialization brings with it an increase in the social standing of older people? An Examination of the Complex Relationship

According to the modernization theory proposed by Cowgill and Holmes in 1972, a country's industrialization often correlates with a decline in the social standing of its older population. This challenges the notion that "Does industrialization brings with it an increase in the social standing of older people?" is answered positively. The reality is far more complex and often negative for the elderly.