New Freedom

The New Freedom was a policy initiative introduced by President Woodrow Wilson during the early 20th century, aiming to improve economic competition and reduce corporate power. It focused on promoting fair business practices, breaking up monopolies where necessary, and supporting small businesses. The goal was to create a more equitable economy where consumers and entrepreneurs could compete freely, rather than being dominated by large trusts. In essence, the New Freedom sought to foster economic competition, protect consumers, and ensure that government played a role in regulating business practices to prevent unfair dominance.