According to meritocracy study, British sociologist Michael Young's 1958 book "The Rise of the Meritocracy" is when the term "meritocracy" first appeared.
A meritocracy is a form of government in which people are given access to resources such as money or political power based on their ability, effort, and success rather than their social standing or wealth. Advancement in such a system is based on performance as judged by exams or demonstrable success.
A meritocracy is a society where people are hired and paid according to their skills and achievements rather than their social standing. We live in a meritocratic society, claim functionalists Davis and Moore, because education acts as a safeguard that people perform the right jobs. People who put forth a lot of effort will consequently be rewarded in society, but those who don't won't.
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