Republic - A republic is a system of government where the people enjoy the highest power, a section of the people. No king or queen can get the post of head of government in this system of government. A state without a monarchy is usually called a republic. The word " republic" in English comes from the Latin word res publica , which literally means "a people-related matter". In a democracy, all citizens participate in governance. But in a republic, only a handful of people have the opportunity to participate in governance. Democracy - Democracy is a system of government in a nation , state (or organization) where every citizen has an equal vote or right to formulate policies or elect government representatives. (E.g. Bangladesh) In a democracy , all citizens have an equal opportunity to participate in the drafting , enactment and formulation of laws , either directly or through elected representatives. Democracy is the state that has the ruling power. The word democracy comes from the Greek word (democracy) , meaning "rule of the people" , the origin of the word (demos) from "people" and (kratos) from "power". In a democracy, all citizens participate in governance.