Title: Difference Between Federalists and Republicans | Compare the Difference Between Similar Terms
Headings: Difference Between Federalists and Republicans
Difference Between Federalists and Republicans
Federalists vs Republicans
Federalists
Republicans
What is the difference between Federalists and Republicans?

Content: On the right of the political spectrum were Jefferson and Madison with their supporters who believed in limited powers with the federal government. These people were called Republicans. There were many more differences between the Federalists and the Republicans in the formative years of the polity of the US that will be highlighted in this article. Federalists
The Federalist Party was formed as a result of rich business men and bankers coming together to protect their interests. These people, led by Alexander Hamilton, wanted a strong central government with fiscal policies to favor business and banks. Federalists wanted full support to Jay Treaty to maintain cordial relations with British government. The seeds of Federalist Party got sown in the time of the first President George Washington, and the only federalist to have assumed Presidency of US was John Adams. Hamilton was appointed Secretary of State by George Washington in 1789, and he advocated a strong federal government that took over the debts of the states and imposed taxes and tariffs to create revenue for the government. His supporters formed Federalist Party and the party became popular in all states. The party backed Hamilton’s efforts to create a national bank and his economic reforms.