In the past half-century every Central and East European society has been twice subject to transformation. Initially, Hungary was transformed by communist-style modernization, increasing industry, expanding secondary education and improving health. The second shock was the collapse of the communist regime and the introduction of democratic institutions and a market economy. How much or how little impact has institutional change had on the lives of ordinary people?Drawing on detailed surveys, highlighted in tables and figures, the authors identify long-term changes in Hungary from the late 1940s to the late 1980s and provide an in-depth analysis of the impact of the collapse of the communist system in the 1990s. They also compare long-term and shor-term change in Hungary with trends in other Central and Eastern European countries.