Whhich term would describe a world in which everyone would have an opportunity to compete for higher-status positions and those most capable would be awarded the highest ranks?

Question

Quizplus · Accepted Answer

A meritocracy is a system in which individuals are rewarded based on their merit or capability, rather than their social status, wealth or background. In such a system, everyone has an equal opportunity to compete for higher-status positions and those who perform the best are awarded the highest ranks. This is different from a capitalist system, which rewards individuals based on their ownership of capital and profitability. A democracy is a system of government, while a socialist system emphasizes the collective ownership and distribution of resources.

Whhich Term Would Describe a World in Which Everyone Would