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Monarchy

/mˈɑnɑrki/
C1
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(noun) A government in which sovereignty is embodied within a single, today usually hereditary head of state (whether as a figurehead or as a powerful ruler).

Many in England want to see the public subsidy of the monarchy done away with.
Aristotle was toadying up to the Macedonian monarchy.
CEFR Practice Quiz
The supporters of the ____ believe that having a king or queen provides the nation with a strong sense of tradition and stability.

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