In 1-4 sentences compare and contrast the views of the Federalist Party and the democratic Republican Party in at least three different historical issues
**Central Government Power**: The Federalist Party, led by figures like Alexander Hamilton, advocated for a strong central government, believing it was crucial for national unity and economic development. In contrast, the Democratic-Republican Party, spearheaded by Thomas Jefferson and James Madison, favored states' rights and a limited federal government, fearing that a powerful central government could lead to tyranny.
**Economic Policy**: On economic matters, the Federalists supported a burgeoning industrial economy, high tariffs to protect American manufacturers, and the creation of a national bank to stabilize and guide the country's finances. The Democratic-Republicans, on the other hand, championed an agrarian-based economy and opposed the national bank, which they viewed as an overreach of power and a mechanism that favored wealthy elite interests over those of ordinary citizens.
**Foreign Relations**: During the tumultuous years following the French Revolution and the Napoleonic Wars, the Federalists generally favored closer ties with Great Britain, emphasizing the need for a stable trading partner. Conversely, the Democratic-Republicans sympathized more with revolutionary France, valuing the ideological connection with the French Republic and its fight against monarchy, which mirrored the spirit of the American Revolution.