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The basic premise of the modernization theory of aging was that there was once a golden age of aging.

At the biological level, ageing is caused by the buildup of numerous types of cellular and molecular damage over time. Due to this, physical and mental abilities gradually deteriorate, disease risk increases, and eventually mortality results.

According to modernization theory, traditional civilizations will advance as they adopt more contemporary norms. According to proponents of the modernization idea, contemporary states are more powerful and wealthy, and their citizens have more freedom to enjoy a higher standard of living.

While globalization theory lays more emphasis on the interrelationships among nations and the process through which these nations, to some extent, become "one," modernization theory emphasizes the growth of a country or region.

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