Consolidation theory explains which of the following?

Consolidation theory is mainly linked to explaining memory consolidation.Consolidation is the processes of stabilising a memory trace after the initial acquisition. It may perhaps be thought of part of the process of encoding or of storage, or it may be considered as a memory process in its own right. It is usually considered to consist of two specific processes, synaptic consolidation (which occurs within the first few hours after learning or encoding) and system consolidation (where hippocampus-dependent memories become independent of the hippocampus over a period of weeks to years)