Inter-generational contract

An inter-generational contract is like a promise between different groups of people who live at different times. It means that older people promise to take care of younger generations now, and younger people promise to take care of older generations in the future.

For example, when you are young, your parents take care of you by feeding you, buying you clothes and toys, and making sure you are safe. But when your parents become older, it's your turn to take care of them by helping them with things they can't do on their own, like cooking or cleaning.

It's important to have this kind of contract between generations because it means that everyone can rely on each other. If older people didn't take care of younger people, there wouldn't be anyone to take care of them when they become older. And if younger people didn't promise to take care of older people in the future, older people might not feel secure or valued by society.

So, an inter-generational contract is like a circle of support that goes from older generations to younger generations, and then back again. It helps make sure that everyone has the help they need at different times in their lives.