The Federalist and Democratic parties differ on the role of government, with Federalists advocating for a strong central government to promote economic growth and order, while Democrats typically support a more decentralized approach that emphasizes individual rights and social justice.
Another historical event they differ on is the Bank of the United States; Federalists supported the creation of a national bank to stabilize the economy and manage debts, while Democrats opposed it, arguing it favored wealthy elites and encroached on states' rights.
The two parties also differ on foreign policy, with Federalists favoring closer ties to Britain for trade and stability, whereas Democrats often leaned toward supporting France during the revolutionary periods and advocated for a more isolationist approach thereafter.