The term "great power" was first used to represent the most important powers in Europe during the post-Napoleonic era. The "Great Powers" constituted the "Concert of Europe" and claimed the right to joint enforcement of the postwar treaties. The formalization of the division between small powers and great powers came about with the signing of the Treaty of Chaumont in 1814. Since then, the international balance of power has shifted numerous times, most dramatically during World War I and World War II. While some nations are widely considered to be great powers, there is no definitive list of them. In literature, alternative terms for great power are often world power or major power, but these terms can also be interchangeable with superpower.

What was the formalization of the division of small powers and great powers?