What is the concept of meritocracy?

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What is the concept of meritocracy?

The concept of meritocracy is a system or ideology where individuals are selected or rewarded based on their abilities, skills, and achievements rather than their social status, wealth, or other factors. In a meritocratic society, positions of power, opportunities, and resources are distributed based on merit, ensuring that the most qualified and capable individuals are given the chance to succeed and contribute to society. This concept promotes fairness, equal opportunities, and the idea that individuals should be judged based on their own merits rather than external factors.