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The political party that favored a limited national government, opposed a national bank, and was primarily supported by farmers, artisans, and skilled workers was the Democratic-Republican Party. Founded by Thomas Jefferson and James Madison in the early 1790s, this party advocated for states' rights and agrarian interests, contrasting with the Federalists, who supported a stronger central government. The Democratic-Republicans believed that a national bank would favor commercial interests over the needs of rural citizens.

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