Meritocracy

Meritocracy: A System Based on Ability and Achievement
Meritocracy is a governance or societal system where advancement and opportunities are allocated based on individual abilities and achievements rather than social status, wealth, or other non-merit factors.
Bureaucrat: Definition and Role in Government
A comprehensive definition of a bureaucrat, including the role, characteristics, history, and impact of bureaucrats in government.

Finance Dictionary Pro

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