A Level History - America - Practice Exam

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What was the main idea behind Woodrow Wilson's New Freedom?

Engagement in global military conflicts
Combatting trusts, tariffs, and high finance
Expansion of federal powers in every aspect
Focus on racial equality and integration

The correct answer is: Combatting trusts, tariffs, and high finance

The main idea behind Woodrow Wilson's New Freedom was indeed to combat trusts, tariffs, and high finance. Wilson's approach emphasized the need for a more equitable economic system that favored small businesses and individual entrepreneurship. The New Freedom program aimed to dismantle the monopolistic power of large corporations, which Wilson believed stifled competition and innovation. He advocated for reforms that would reduce tariffs to promote free trade, strengthen antitrust laws to break up large corporate monopolies, and reform the banking system to make it more accessible and supportive of smaller enterprises. This focus on addressing economic inequalities and reducing the influence of powerful interests was a hallmark of Wilson's presidency and represented a significant shift towards a more progressive economic policy in the early 20th century.