In the year 2000, advanced scientific knowledge and advanced technological change has had a significant effect on the way we live compared to our ancestors who lived in the year 1000. Today we live in an industrial and technological society versus the primarily agricultural society of the year 1000. We enjoy mass produced consumer products and a standard of living undreamed of in the year 1000. But perhaps most significant, in the year 2000 we live in an information age. With our many forms of communication such as telephones, pagers, cell phones, the internet, radio, television and satellites it is possible for a nomad in the Arabian Desert to be as informed as an investment banker on Wall Street. We live in a wired world or to use a phrase coined by Marshall Mcluhan, we live in a "Global Village." In contrast, most people in the year 1000 lived in small villages, or "Burhs," usually consisting of a couple of dozen homes surrounding the village green. For these people, their little village, or hamlet, was their whole world.
Undoubtedly, there are many aspects of life from the year 1000 that we would find familiar. Amongst other things, the family unit has remained a staple of modern living. Although the daily lifestyle of each family member has evolved to fit modern society, families still live together with their biological mother and father subject to divorce or adoption. Traditionally passed on through the family units from generation to generation is religion. Religion is a major part of daily life in almost every culture, as it was in the year 1000. However, scientific advancement has replaced much of the unknown that used to be accredited to God's work. Similar to modern economy, "free enterprises triumphed and businesses expanded accordingly"(p. 88). Similar to today's stock market, entrepreneurs of the year 1000 were investing their money in other businesses with excess capital: