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Scholars embrace the concept of world systems analysis, to explain the gradual shift in world economy since the 16th century. The modern world system is
Scholars embrace the concept of "world systems analysis," to explain the gradual shift in world economy since the 16th century. The modern world system is characterized by a single integrated global economic system, with states participating in a single market. Western European states acted as the heart of this system, bringing other regions into the world market in a subordinate role, disrupting the previously relatively more equal distribution of global wealth and power. Hence, the modern world system emerged, with a (Europe) and a (including the Middle East)
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