1. POLITICAL PARTIES I.MANY AMERICAN LEADERS FEARED THE CREATION OF POLTICAL PARTIES BELIEVING THEY WOULD DIVIDE & DESTROY THE NEW NATION II. NAME: FEDERALIST PARTY

2. III. LEADERS: ALEXANDER HAMILTONJOHN ADAMS

3. IV. BELIEFS: 1) STRONG CENTRAL GOVERNMENT 2) WEALTHY BEST ABLE TO RULE 3) WANTS U.S. TO BECOME A NATION OF BUSINESS AND INDUSTRY

4. V. SUPPORTERS: STRONG SUPPORT IN THE NORTHEAST; WEALTHY BUSINESSMEN, MERCHANTS & BANKERS

5. VI. ISSUE: FAVORED HAMILTON’S PLAN (TARIFFS, NATIONAL BANK, STRONG CENTRAL GOVERNMENT) BECAUSE IT IS GOOD FOR BUSINESS

6. NAME: REPUBLICAN PARTY LEADERS: THOMAS JEFFERSON JAMES MADISON

7. BELIEFS: 1)STATES SHOULD HAVE MORE POWER THAN THE CENTRAL GOVERNMENT (STATES’ RIGHTS) 2) COMMON MAN BEST ABLE TO RULE 3) WANTED U.S. TO REMAIN AN AGRICULTURAL NATION, A NATION OF FARMERS

8. SUPPORTERS: STRONG SUPPORT IN THE SOUTH & WEST; FARMERS AND LOWER CLASSES

9. ISSUE: AGAINST HAMILTON’S PLAN BECAUSE IT FAVORS THE RICH AND IS “UNCONSTITUTIONAL”