What was President Woodrow Wilson's New Freedom plan?

Answer 1

• To be able to break up trusts into smaller companies, he hoped to restore the competition that had once existed in the American economy.
• Wilson was an admirer of Thomas Jefferson. The agrarian utopia of small, educated farmers envisioned by Jefferson struck a chord with Wilson. Of course, the advent of industry could not be denied, but a nation of small farmers and small businesspeople seemed totally possible. The New Freedom sought to achieve this vision by attacking what Wilson called the TRIPLE WALL OF PRIVILEGE- the tariff, the banks, and the trusts.
• Wilson policy emphasized the need for the Jeffersonian tradition of limited government with open competition. Free enterprise was necessary and "bigness" was a curse. He opposed too much federal power, which was the opposite of what Roosevelt advocated. Roosevelt's "New nationalism" policy stated that the federal government should have more power in order to guarantee the rights of the people. This meant regulating business and industry to ensure the rights of various social and labor groups, going in accordance to his progressive agenda and personality.
• To increase fairness in the economy, Changes in banking procedures, Taxes on imported goods, & laws against monopolies.

Answer 2

To increase fairness in the economy