The correct phrases that accurately describe the Roman Republic are:
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duty and loyalty valued more than personal wealth - This reflects the Roman values of civic duty, public service, and loyalty to the state.
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two representative Assemblies and one powerful Senate - The Roman Republic was characterized by its complex system of government, which included the Senate and two main popular assemblies (the Centuriate Assembly and the Tribal Assembly).
The other phrases, "loss of territory and power in the Punic Wars" and "dependent on foreign mercenaries to defend the state," are less accurately reflective of the overall nature of the Roman Republic. While there were losses and reliance on mercenaries in later periods, the Republic initially gained significant territory and did not primarily rely on foreign mercenaries for defense during its earlier years.