We are a Republic - how many of us know this?
(en.m.wikipedia.org)
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As it was taught to me in school many moons ago:
A Republic is government by the people using a power sharing algorithm that attempts to balance power among competing factions. The factions are key here, as less populous factions may receive equal influence in government to more populous factions.
A Democracy is a government by the people using a strict 1 man/1 vote proportional rule.