Founded in 1884, then with the main support from farmers and progressive members of the bourgeoisie, it was the first political party that came into existence in Norway, and was the dominant government party for several decades. Since the 1880s, the party has seen many internal schisms. A politically moderate and religious wing broke out in 1888 to form the Moderate Liberal Party, and the conservative-liberal faction, including among them the first Prime Minister of Norway Christian Michelsen broke out in 1909 to form the Free-minded Liberal Party (both parties eventually merged into the Conservative Party). The most notable recent schism was in 1972, when the Liberal Party decided to oppose Norwegian membership in the European Economic Community (EEC), and the faction supporting membership broke out and formed the Liberal People's Party.