Population aging has become a major social issue in developed countries. Existing research on aging commonly adopts frameworks based on health status, functional capacity, and social participation. While these facilitate comparison and policy application, social participation is often operationalized as a measurable outcome, leading later life to be understood as a static condition and overlooking its dynamic processes in specific contexts. This study proposes the concept of a "participation-learning dynamic" as an analytical lens. Older adults are viewed as active agents, and participation and learning are understood as generative mechanisms operating within social contexts. The analysis demonstrates how interaction and accumulated experience are transformed into learning, shaping agency, and highlights a process-oriented perspective for understanding later life.