What does "from the errors of other nations, let us learn wisdom," mean

It means that we should pay attention other countries decision making and results, in order to make better decision in our Nation. Learning from other is a better philosophy because makes us more experimented and wise.

- "bill clinton ( the 42nd u.s. president, served in office from by low unemployment, declining crime rates and a budget surplus. during clinton's second term, the u.s. economy was healthy, unemployment was low and the nation experienced a major technology boom and the rise of the internet."

the answer should be monarchy