Yes, you are correct! Power held by the people through elected representatives is a characteristic of a republic. In a republic, the citizens have the ability to choose their representatives through the electoral process. These elected representatives then govern on behalf of the people, making decisions and enacting laws in accordance with the interests of the population. It is worth noting that in different countries, the term "republic" may be used in slightly different ways, but the central feature of power being held by elected representatives remains consistent.
