This paper deals with the current phonological theory named the elementary theory Before manipulating this theory with highest depth, we need to discuss the distinctive feature theory which can be estimated as playing a central role in the standard generative trends. En the element-based phonological theory, the followings might act as tile main traits in differentiating it from other theories: the notion of phonological opposition is regarded as privative one, treating the univalent element as an analysing unit in a phonological process instead of distinctive features, and the nile convention in standard theory is replaced by the element. In chapter 2, a brief history of generative theory is to be described with respect to the merits and demerits of the distinctive feature theory. In chapter 3, After dealing with the current tendency and some prominent aspects of each element theory, a couple of problems thought to be confronted by the distinctive feature theory And the analysing method taken from the element-based theory which may be regarded currently as the alternative to the problems mentioned above will be discussed mainly, The government-based theory introduced by KLV(1985, 1988) may be the main target in discussing the current topic.