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Republicanism is a form of government where supreme power is held by the citizens and exercised through elected representatives. This contrasts with monarchy, where power resides with a hereditary ruler. The term "republic" originates from the Latin "res publica," meaning "public thing" or "public affair," emphasizing governance for the common good.12

Key principles of republicanism include:
* Sovereignty of the People: Ultimate power rests with the citizens.12
* Representation: Citizens elect officials to make decisions on their behalf.12
* Common Good: Governance is aimed at promoting the welfare of all citizens.23
* Civic Virtue: Citizens are expected to be motivated by the public good.43

While often used interchangeably with democracy, a republic specifically emphasizes representative governance, distinguishing it from direct democracy where citizens vote on every issue. The United States, for example, is considered both a democracy and a republic.12

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