What is meritoctacy?

Answer 1

Meritocracy is a social and political system in which individuals are rewarded and advance based on their abilities, talents, and achievements rather than their social class, wealth, or other arbitrary factors. In a meritocratic society, success is determined by personal merit, often measured through education, performance, and skills. While the concept promotes fairness and equal opportunity, critics argue that it can overlook systemic inequalities that affect access to resources and opportunities.