Answer:
Monarchy:noun ( pl. -chies)
a form of government with a monarch at the head.
• a state that has a monarch.
• ( the monarchy) the monarch and royal family of a country : the monarchy is the focus of loyalty and service.
ORIGIN late Middle English : from Old French monarchie, via late Latin from Greek monarkhia 'the rule of one.'
Democracy:noun ( pl. -cies)
a system of government by the whole population or all the eligible members of a state, typically through elected representatives : capitalism and democracy are ascendant in the third world.
• a state governed in such a way : a multiparty democracy.
• control of an organization or group by the majority of its members : the intended extension of industrial democracy.
• the practice or principles of social equality : demands for greater democracy.
ORIGIN late 16th cent.: from French démocratie, via late Latin from Greek dēmokratia, from dēmos 'the people' + -kratia 'power, rule.'