USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

THE MONROE DOCTRINE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ____ political party favored businesses, merchants, and factories.
A
Federalists
B
Democrat-Republican
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Federalists wanted tariffs and protection for businesses and an economy based on manufacturing, commerce, finance, and overseas trade. The Democratic Republican Party was led by Thomas Jefferson and was created in direct opposition to the Federalist Party.

Detailed explanation-2: -The party favored centralization, federalism, modernization, industrialization, and protectionism. Washington, D.C. The Federalists called for a strong national government that promoted economic growth and fostered friendly relationships with Great Britain in opposition to Revolutionary France.

Detailed explanation-3: -They favored weaker state governments, a strong centralized government, the indirect election of government officials, longer term limits for officeholders, and representative, rather than direct, democracy.

Detailed explanation-4: -Over the decade of the 1790s, the Federalists stood for the following economic policies: funding of the old Revolutionary War debt and the assumption of state debts, passage of excise laws, creation of a central bank, maintenance of a tariff system, and favourable treatment of American shipping.

Detailed explanation-5: -Known informally as the Jeffersonian Republicans, this group of politicians organized in opposition to the policies of Federalists such as Alexander Hamilton, who favored a strong central government.

There is 1 question to complete.