What is the difference between the Federalist and Democratic-Republican parties?

The Federalists

• Strong national government
• Fear of mob rule
• Loose construction (interpretation) of the Constitution
• Favored a national bank
• Economy based on manufacturing and shipping

The Democratic-Republican

• Limited national government
• Fear of rule by one person or a powerful few
• Strict construction (interpretation) of the Constitution
• Opposed national bank
• Economy based on farming