To honor someone or something you believe has good qualities
"When you are content to be simply yourself and don't compare and compete, everybody will respect you."
This is a picture of members from different teams showing respect to each other by giving a handshake.
You can show respect by respecting your elders and appreciating them.
You can show respect by thanking the army/military, etc for all the work they do.
Kid President's 20 Things We Should Say More Often