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Both the monarchy and the republic are systems of government. However, the republic is opposed to the monarchy in the way of governing.
In the monarchy, the head of state remains in power for life, or even abdicates. In the republic, the head of state is democratically elected for a certain period of time.
In a monarchy, with the exception of elective monarchies, which are not so common today, heredity is an important factor. In the regime, the sons of monarchs are their successors. In the republic, new heads of state are elected by the people after a term that usually lasts about four or five years.