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The success of this project (like any project) can be measured in any number of ways, by any number of metrics. However, from a philosophical point of view, Wikipedia is successful because it has a certain set of priorities; while each of the elements contribute to the overall success, there is a certain hierarchy between various priorities.
This page is meant to describe the relative importance of various aspects of this project's success as seen from the inside by Wikipedia contributors – similar to Maslow's hierarchy of needs, this places the most important measure of success at the bottom and builds up towards the more meaningful aspects towards the top. As such, Wikipedia itself uses media coverage as the metric for assessing the relevance of various topics, since it's the most reliable, measurable, and meaningful common denominator. This is an excellent metric for the project's success as seen from the outside (similar to a country's GDP), but it's the least meaningful in regard to any given project's inner philosophy. By contrast, the principles guiding any given project are the most meaningful aspects for its inner working, but the least important when it comes to assessing its overall success as compared to other projects (similar to a country's economic ideology).
Wikipedia's success metrics supersede each other in the following order:
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