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I dont understand why I would ever want to become a republic and lose my rights to change parties whenever I want or risk losing my rights to build factories etc. Could someone please explain this to me?
There is no real advantage to move from a Monarchy to a democracy, really. I know american democracies get an immigration bonus though (i don't know if they get a bonus because they are a democracy or if its because of their voting political reforms).
Yep, like Liborio said, unless you're in the Americas (i.e. Brazil or maybe Cuba/Canada/Quebec releasables) it's better to stay a monarchy for sure. Everywhere but Brazil and hypothetical released states are democracies (or dictatorships) from the start in the America's anyways, so it's kind of a non-issue. Sometimes the flag changes are really cool, though, so it can be fun from time to time to ditch monarchy and go for all the chaos that democracy has to offer!
If you have an absolute monarchy, it just increases all revolt risks for all by increasing militancy, especially if your population liberal so there is the only draw back.
The developers of Vicky 2 knew what they were talking about
Yes, there is not any real advantage to a Republic, or to a Pres. Dict. as you can only have Reactionary parties (a good thing, IRL, in my mind, but no good in Vicky).
Republic, Democracy have big advantage, people don't run away from you in 10k stacks per month, and when you have 100-200+ milions pops in your empire, they dont spam you with 500 brigades rebelies.
Monarchies are good if you can handle revolts every couple of years or so.
But you should aim to become a communist/fascist dictatorship anyway; more social reforms and more pops!
I am really confused by my inability to get immigration as an African Democracy tbh, it strikes me as a bit of an oversight when opportunties are so high in my current Oranje game (all the diamons ever and loads of land).