What is the difference between a monarchy and a republic?

The word “monarchy” literally translated from Greek means “the power of one,” hereditary autocracy. This form of government was historically the first. The history of the Ancient East and the European Middle Ages is a clear confirmation of this. The monarch rules alone, he sets the laws, constitutions in the usual sense of the word may not exist in the state, it is replaced by religion, as well as the will of the monarch. The monarchy went through several stages in its development: despotic monarchy, slave-owning monarchy, feudal monarchy, absolute monarchy, dualistic monarchy, parliamentary monarchy, constitutional monarchy. The term “republic” is translated as “common, public affair”. This is the name of the form of government in which the main authorities are elected for a certain period. The republic knows three types: parliamentary, presidential and mixed. The latter exists in the Russian Federation. There are much more republics in the modern world than monarchies.