Title: Federalists vs Democratic Republicans Essay Free Essay Example
Headings: Federalists vs Democratic Republicans Essay
Federalists vs Democratic Republicans Essay
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You won’t be charged yet! 3 In addition, the Federalists and the Democratic Republicans differed over the relative importance of business and agriculture. The Federalists supported business, including shipbuilding, trade, and the infant manufacturing that was developing in urban centers. As a result of this, the Federalists supported the creation of tariffs to protect growing domestic business and to generate revenue for the government. Also, they favored the creation of a national bank that could provide the capital necessary for businesses to start and grow. On the other hand, the Democratic Republicans supported agriculture, extolling the independent farm as the basic unit of the country. The Democratic Republican’s argued against tariffs because they made the goods that farmers could not produce on their own more expensive. The Democratic Republicans supported state banks which would be accessible to all individuals and therefore provide the necessary capital to purchase land and start a farm.4 All of these factors led a different socioeconomic demographic to become loyal to each party. As a result of the support of business and the elite, the Federalists mainly received support form the urban upper class. As a result of the support of agriculture and the common people, the Democratic Republican Party mainly received support from rural farmers and recent immigrants.5
The second major divide between the Federalists and the Democratic Republicans was over political issues.