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Views on federal power during this time were divided between the Federalist Party and the Democratic-Republican Party. The Federalists, led by Alexander Hamilton, favored a strong central government and broad interpretation of the Constitution. They saw this as necessary for stability, economic growth, and protecting the nation's interests. In contrast, the Democratic-Republicans, led by Thomas Jefferson, preferred a limited interpretation of the Constitution and advocated for strong state governments. They were concerned about concentrated power and potential infringement on individual rights.
The Federalists focused on promoting industrialization and manufacturing to build a strong national economy. They supported protective tariffs and a national bank for economic regulation. On the other hand, the Democratic-Republicans favored an agrarian society and an economy centered around agriculture. They opposed protective tariffs and were skeptical of a national bank, worried about favoritism towards urban elites and encroachment on states' rights.
In terms of foreign policy, the Federalist Party pursued a robust approach and sought closer ties with Britain. They considered Britain an important economic partner and saw its monarchy as a stable form of government. In contrast, the Democratic-Republicans held isolationist views and preferred closer ties with France. They admired the French Revolution and viewed France as a fellow republic fighting against tyranny. They criticized Britain's monarchy and feared that closer relations would undermine America's republican ideals.
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