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Meritocracy

British pronunciation/mˌɛɹɪtˈɒkɹəsi/
American pronunciation/mɛɹɪˈtɔkɹəsi/
Meritocracy
[NOUN]
1

the belief that rulers should be chosen for their superior abilities and not because of their wealth or birth

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2

a form of social system in which power goes to those with superior intellects

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Examples
1. And one of the best ways is meritocracy.
2. It is meritocracy.
3. For one thing the army was a meritocracy.
4. The world of art is by no means a meritocracy.
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