What political party advocated for economic growth through manufacturing, trade, and farming?

The Federalist Party was indeed an early American political party that strongly advocated for an economy based on manufacturing, trade, and farming. Founded in the 1790s by figures such as Alexander Hamilton, the Federalists promoted policies that favored industrialization and a centralized economy. They believed that a robust federal government was essential for promoting commerce and manufacturing, which they saw as the backbone of economic strength.

Under their influence, initiatives such as the establishment of a national bank and protective tariffs were pursued to stimulate the economy and protect American industries from foreign competition. This focus on developing manufacturing capabilities and facilitating trade laid the groundwork for the United States to become an economic power.

In contrast, the other political parties mentioned had different focuses. The Democratic-Republican Party, founded by Thomas Jefferson, typically championed agrarian interests and emphasized a decentralized government, which lends itself more to farming than to a focus on manufacturing. The Whig Party, emerging later, also had elements that supported economic growth but focused more on internal improvements and infrastructure than on a direct push for manufacturing per se. The Libertarian Party, with its emphasis on minimal government intervention and individual freedoms, does not align with a specific push for economic growth through organized manufacturing and trade as the Federalists advocated.