Question

Which of the following was not a policy of the Federalist Party? A) America economy based on industry.
B) America should have a strong federal government.
C) america should have a strong state government.
D) America should have a national bank.

Answer 1

D.

A broad reading of the Constitution, with emphasis on the Elastic Clause, permitted the establishment of a national bank (the Bank of the United States), which the Federalists also favored.

The Federalist policies called for a national bank, tariffs, and good relations with Britain as expressed in the Jay Treaty negotiated in 1794. Their political opponents, the Democratic-Republicans, led by Thomas Jefferson and James Madison, denounced most of the Federalist policies, especially the bank.