Final answer:
An all-purpose theatre space that can be easily transformed into various configurations is known as a Black Box Theatre, which is celebrated for its flexibility and the intimate connection it fosters between performers and the audience.
Step-by-step explanation:
An all-purpose theatre space that can be converted into different arrangements is sometimes referred to as a Black Box Theatre.
This type of theatrical space is known for its versatility and intimacy, often being used for smaller, experimental productions. The Black Box is characterized by its simple, open rectangular space, usually painted black, which allows for a myriad of staging possibilities such as a proscenium theatre, a thrust theatre, an arena, and other configurations.
The beauty of a Black Box Theatre lies in its ability to foster a close connection between the performers and the audience, making it ideal for productions that benefit from such proximity. Additionally, many educational institutions like universities often have Black Box Theatres as they provide both a performance venue and a rehearsal space for students.