What economic, political, and social characteristics have come to define the modern era?

The characteristics of the emergence of mixed economies, advent of democratic governance in most parts of the world, and social equality devoid of discrimination have come to define the modern era.

Explanation:

The modern era is not just the culmination of advancement on the fronts of industrial technology, rather it is more about the transformation that has happened in the everyday living of people. The social, political, and economic reforms that made their ways to practicality shaped the modern era to become what it looks like today.