The Great Transformation

In Great Transformation industrial revolution takes place in England and this revolution led to mass production. In a self-sufficient community people produce only what they can use and surplus is useless as it cannot be used to buy any other thing and as community is self-sufficient they don’t need to buy anything. But when there became mass production then there was a necessity to change the ways of thinking of people. Many changes took place in this transformation and one of them was the emergence of market place as being very important feature of economy and other one was the emergence of money. Self-sufficient communities were transformed into industrial societies which has mass production. This mass production necessitates change in economy, politics, ideology etc. People started to think differently in all dimensions of life in order to accommodate mass production and it is known as The Great Transformation.