FEDERALISTS: commercial, urban and industrial American society. Also, they believed in a meritocracy and America as a world power. They wanted to create a complex economy with agricultural, industrial, national, and international commerce along with immigrant labor. Furthermore, they believe in the "aristocracy of merit" for their political leadership. In addition they believe in a strong central government with government support for economic development because they were skeptical of state rights. In addition, they favored a broad, loose interpretation of the Constitution. DEMOCRATIC - REPUBLICANS: They believed in a decentralized, rural, agrarian society that opposed a commercial, urban, and industrial society. They also wanted to avoid world problems. Furthermore, they liked an agricultural economy with an emphasis on local commerce and slave labor. In addition, they wanted citizens such as farmers for their political leaders. They also believed in a limited central government in order to preserve the states' rights, they opposed government support for economic development. Lastly, they had a strict interpretation of the Constitution. SIMILARITIES: Both parties believed in personal freedom, national independence, capitalism, and a republican government.