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Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos 'strength, power') is the notion of a political system in which economic goods or political power are vested in individual people based on ability and talent, rather than wealth or social class. [1]
In 2012, the head of AP Grading, Trevor Packer, stated that the reason for the low percentages of 5s is that "AP World History is a college-level course, & many sophomores aren't yet writing at that level." 10.44 percent of all seniors who took the exam in 2012 received a 5, while just 6.62 percent of sophomores received a 5.
The importance of the merit system in a workplace is to provide good quality work to the public. When merit is truly assessed in the process of hiring or promoting personnel, an honest, effective, and productive workplace is created. [8] Employees build organizations and the service they provide to customers allows the organization to be ...
The natural aristocracy is a concept developed by Thomas Jefferson in 1813 which describes a political elite that derives its power from talent and virtue (or merit). He distinguishes this from traditional aristocracies, which he refers to as the artificial aristocracy, a ruling elite that derives its power solely from inherited status, or wealth and birth.
To begin, trust in US economic activities is diminishing at an increasing rate world wide. Without trust, no (contractual, personal or private) relationship can exist. This concept is deeply rooted in our politics, economics and critical to maintaining popular belief in the system.
In U.S. politics, the term banana republic is a pejorative political descriptor coined by the American writer O. Henry in Cabbages and Kings (1904), a book of thematically related short stories derived from his 1896–1897 residence in Honduras, where he was hiding from U.S. law for bank embezzlement. [34] Bankocracy
“It’s important to remember that they are transitioning out of a long, demanding and stimulating day, and asking them to reflect and generate responses to your questions may be overwhelming to ...
Image source: Getty Images. Driving may be one of the most convenient ways to get from point A to point B, but you pay a premium for that convenience: Car insurance.
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