Which of the following is NOT a characteristic of what Karl Polanyi calls "the great transformation"?
A) Displaced from the land, rural people began to sell their labor for wages.
B) Relationships based on ascribed statuses were replaced with relationships based on contracts.
C) The family was replaced by the business firm as the dominant economic institution.
D) Stratification systems became more rigid.

Question

Quizplus · Accepted Answer

The "great transformation" refers to the shift from traditional to market economies, where stratification systems became more fluid, not more rigid, as people could move between classes based on economic success rather than ascribed status.

Which of the Following Is NOT a Characteristic of What