What was Woodrow Wilson's 'New Freedom' program intended to achieve?

• A. Expansion of imperial powers
• B. Strong anti-trust reforms, banking reform, tariff reduction, and efforts to empower small businesses
• C. Isolationist foreign policy
• D. Preservation of the status quo

Answer: (B)

New Freedom centers on restoring economic opportunity by breaking the grip of big business and restoring true competition. It aims to curb monopolies and empower smaller firms by using federal power to enforce anti-trusts, create a more responsive banking system to regulate credit and prevent financial crises, and reduce tariffs to lower costs and open markets for competition. This combination is about making the economy more open and fair for small businesses and ordinary Americans, rather than expanding imperial power, pursuing isolation, or preserving the existing status quo.