Here’s how the Federalists and Democratic-Republicans align with their beliefs on the key issues in the 1790s:
Federalists
- Supported the first Bank of the United States
- Believed in a strong centralized government
Democratic-Republicans
- Believed farmers were the core of the US economy
- Supported strong state governments
This matches the general ideological differences between the two parties during that period. Federalists favored a more robust federal government and financial institutions, while Democratic-Republicans emphasized agrarianism and states' rights.