<u>Activity</u> theory states that the more participatory and involved older adults are, the more likely they are to be satisfied with their lives.
<h3>Who are Older Adults?</h3>
The United Nations considers everyone over the age of 60 to be an older person. However, additional sociocultural indicators, such as family status (grandparents), physical appearance, or age-related health issues, are frequently used by families and communities to define age.
Because of this, the activity theory, also known as the implicit theory of aging, normal theory of aging, and lay theory of aging, posits that successful aging occurs when older individuals maintain their level of activity and their social connections.
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Answer:
Economics is described as a social science focused on studying the ordinary business life of people involving their relationship with utility, particularly in production, consumption, and distribution of products and services. It is used in different fields to portray scarcity and utilization of available resources. Therefore, economics exists in any situation that involves the addition of an item which causes a decrease in another. Different economists have designed theories to explain various economic concepts and principles.
