Based on historical perspective, by the time of the 1828 presidential election, a new Two-party system had begun to emerge out of the divisions within the Republican Party.
This is because, during the 1828 presidential election, one of the major parties was the Democratic-Republican party which split into two-party systems.
The two major parties the Democratic-Republic split into are the modern-day Democratic Party and the Whig Party.
The Whig party would later break into factions, forming alliances to become the present-day Republican Party.
Hence, in this case, it is concluded that the correct answer is a "Two-party system."
Learn more about the Two-Party system here: https://brainly.com/question/18682200