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4.1 Under national organising committees.2.7 Economic and social impact on host cities and countries.The Games also provide an opportunity for the host city and country to showcase themselves to the world.

Every two years the Olympics and its media exposure provide athletes with the chance to attain national and sometimes international fame. This growth has created numerous challenges and controversies, including boycotts, doping, bribery, and terrorism. The Games have grown so much that nearly every nation is now represented colonies and overseas territories are allowed to field their own teams. The first, second, and third-place finishers in each event receive Olympic medals: gold, silver, and bronze, respectively. Over 14,000 athletes competed at the 2016 Summer Olympics and 2018 Winter Olympics combined, in 35 different sports and over 400 events. There are several Olympic rituals and symbols, such as the Olympic flag and torch, as well as the opening and closing ceremonies. The IOC also determines the Olympic programme, consisting of the sports to be contested at the Games. As the decision-making body, the IOC is responsible for choosing the host city for each Games, and organises and funds the Games according to the Olympic Charter. The Olympic Movement consists of international sports federations (IFs), National Olympic Committees (NOCs), and organising committees for each specific Olympic Games. World wars led to the cancellation of the 1916, 1940, and 1944 Olympics large-scale boycotts during the Cold War limited participation in the 19 Olympics and the 2020 Olympics were postponed until 2021 as a result of the COVID-19 pandemic. The growing importance of mass media has created the issue of corporate sponsorship and general commercialisation of the Games.

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The abuse of amateur rules by the Eastern Bloc nations prompted the IOC to shift away from pure amateurism, as envisioned by Coubertin, to the acceptance of professional athletes participating at the Games. The IOC has needed to adapt to a variety of economic, political, and technological advancements.

The IOC also endorses the Deaflympics and the Special Olympics. Some of these adjustments include the creation of the Winter Olympic Games for snow and ice sports, the Paralympic Games for athletes with disabilities, the Youth Olympic Games for athletes aged 14 to 18, the five Continental games ( Pan American, African, Asian, European, and Pacific), and the World Games for sports that are not contested in the Olympic Games. The evolution of the Olympic Movement during the 20th and 21st centuries has resulted in several changes to the Olympic Games. The IOC is the governing body of the Olympic Movement, with the Olympic Charter defining its structure and authority. Baron Pierre de Coubertin founded the International Olympic Committee (IOC) in 1894, leading to the first modern Games in Athens in 1896. Their creation was inspired by the ancient Olympic Games ( Ancient Greek: Р±Р…в‚¬РћВ»РџвЂ¦РћСРџР‚Рћв„–РћВ±РћС”РћС—РћР‡ Р±Св‚¬РћС–Р±С—В¶РћР…РћВµРџвЂљ), held in Olympia, Greece from the 8th century BC to the 4th century AD. The Olympic Games are normally held every four years, alternating between the Summer and Winter Olympics every two years in the four-year period. The Olympic Games are considered the world's foremost sports competition with more than 200 nations participating.

The modern Olympic Games or Olympics ( French: Jeux olympiques) are the leading international sporting events featuring summer and winter sports competitions in which thousands of athletes from around the world participate in a variety of competitions.