Answer:
The statement is correct.
Step-by-step explanation:
Meritocracy is a model of society in which the socio-economic position of each individual is based on his or her merits. It is therefore not directly about the predisposition that one has, but what one does with that predisposition. Other factors, such as origin, land or money possession, race and gender should (in principle) not play a role. In short, a meritocracy is a society in which individuals occupy a position or place on the basis of their own capacities and knowledge and not through birth, marriage or tradition. One's own commitment determines which position one can take in society.