Compare and contrast the Federalist and Jeffersonian Republican partie

Compare and contrast the Federalist and Jeffersonian Republican parties.

Specifically, what can you say about each party’s assumptions about human nature, the nature of government, the relationship of government to the economy, and its view of America’s future?

ANSWER
Federalists believed humans were essentially self-interested; Republicans saw people as capable of virtuous self-sacrifice. Federalists insisted on strong centralized government; Republicans on decentralized authority and states’ rights. Federalists were mercantilists; Republicans were laissez-faire free traders who championed individual economic opportunity. Federalists saw America as a strong commercial and manufacturing nation dealing in the Atlantic world; Republicans saw America as a yeoman farmer republic moving West to its future.