Final answer:
The early political party that favored popular sovereignty, states' rights, and limited government is the Democratic-Republican Party.
Step-by-step explanation:
The early political party that favored popular sovereignty, states' rights, and limited government is the Democratic-Republican Party. This party emerged during the early 1800s as a response to concerns about the abuse of government power. The Democratic-Republicans believed in a more decentralized form of government, with power held by the states and the people, rather than a strong central government. They also supported the idea of popular sovereignty, which means that the authority of the government comes from the consent of the governed. This party played a significant role in shaping early American politics and laying the groundwork for future political movements.