This chapter discusses the changing global context and the emergence of the modern world system. It describes how the world system evolved through stages, from early minisystems and empires to the core-periphery structure that developed during the Industrial Revolution. Technological innovations in transportation and communication intensified economic integration and globalization. Core regions like Europe and North America industrialized first and came to dominate semi-peripheral and peripheral regions, influencing patterns of trade, imperialism, and development around the world. The chapter outlines how the world system and global inequalities have continued to change over time due to shifting technologies and economic relationships.