meritocracy
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British pronunciation
/mˌɛɹɪtˈɒkɹəsi/

Definition & Meaning of "meritocracy"

Meritocracy
01

a societal system where success is determined by individual skill and ability rather than factors like wealth or social status

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Meritocracy rewards hard work over family connections.
Some see meritocracy as reducing privilege.
02

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

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