merit

Political Science

(noun)

Something deserving good recognition.

Related Terms

  • merit system
  • patronage
  • spoils system
Business

(noun)

Something worthy of a high rating.

Related Terms

  • seniority

Examples of merit in the following topics:

  • Introduction

    • Framing the structure and content of business ethics is a presumptuous undertaking, but one I believe to have real merit.
  • Staking the Desk: Unequal Funding

    • In 2000, affluent students, students who could otherwise afford to pay for college, received "merit" scholarships worth 82% of the need-based aid received by students with the lowest family incomes.
    • What's more, because colleges want to maintain their rankings in various college ranking systems, colleges favor students with higher standardized test scores and aggressively recruit them using "merit" scholarships.
    • In 2000, affluent students, students who could otherwise afford to pay for college, received "merit" scholarships worth 82% of the need-based aid received by students with the lowest family incomes.
  • Providing Public Services

    • However, most public services are merit goods, which are services that may be under provided by the market.
    • Examples of merit goods include the provision of food stamps to support nutrition, the delivery of health services to improve the quality of life and reduce morbidity, subsidized housing and, arguably, education.
  • Causes of Market Failure

    • Underproduction of merit goods: a merit good is a private good that society believes is under consumed, often with positive externalities.
    • For example, education, healthcare, and sports centers are considered merit goods.
  • Types and Elements of Credibility

    • Machiavelli's maxim teaches a valuable lesson: people will not only judge you on your own merits alone, but also on the merits of your associates.
  • The Bottom Line: Family Background

    • News & World Report), colleges favor students with higher standardized test scores and aggressively recruit them using "merit" scholarships.
    • In 2000, affluent students, students who could otherwise afford to pay for college, received "merit" scholarships worth 82% of the need-based aid received by students with the lowest family incomes.
  • Introduction to the Role of the Government in the Economy

    • The country's economic success seems to validate the view that the economy operates best when government leaves businesses and individuals to succeed -- or fail -- on their own merits in open, competitive markets.
  • What is Bloom's Taxonomy?

    • Nonetheless, one recent revision (designed by one of the co-editors of the original taxonomy along with a former Bloom student) merits particular attention.
  • Linguistic Relativity

    • The hypothesis has been largely abandoned by linguists as it has found at best very limited experimental support, and it does not hold much merit in psychology.
    • The weaker version of this theory does have some merit, however.
  • The Diversity Debate

    • Debates over affirmative action center around the question of whether diversity in the classroom merits a program of state intervention.
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