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This form of government in which people elect the authorities is called a republic. Depending on the main body of power elected by the people, three types of republican governance are distinguished: presidential, parliamentary, and mixed.

Republic, as a form of government, has its pros and cons. The advantages are the changeability and electoral of power, and the disadvantages are the possible lack of prompt and correct decisions by the people.

Explanation:

In the modern world, each state is distinguished by a set of specific features and characteristics that have developed in the process of its historical evolution, under the influence of natural factors, elements of social and economic development, religion, and so on. However, from all the variety of modern state forms, two primary types of government can be distinguished – monarchy and republic.

If the monarchical form of power is associated with the transfer of the capabilities of the ruler by inheritance, the energy that is elected by the people is called republican. So, a republic is such a form of state government, in which the supreme power is exercised by elected bodies, elected by the population for a specific term.

There are three central republic government types: presidential, parliamentary, and mixed. The name of a particular kind of government comes from the one with the most significant power. In a presidential republic (e.g., the USA), the highest authority, the president, is directly elected by citizens and forms the government.

A parliamentary republic describes those countries in which the leading authority is the parliament elected by citizens (e.g., Italy). The most popular type of republic, which is mixed, is relevant in cases where the power of the president is significant. Still, the formation of government takes place with the participation of parliament (e.g., France).

Any republican form of government has its strengths and weaknesses. Unambiguous advantages include elective power, consideration of minority opinions, the achievement of democracy through power-sharing, and the changeability of power. The disadvantages of the republican form include the lack of guarantees that the choice of the people can be correct, the oligarchy, which is present in almost all modern republics, the lack of quick decisions.