Final answer:
Roosevelt's 'New Nationalism' advocated for a strong federal government to regulate the economy and social issues, while Wilson's 'New Freedom' focused on restoring economic competition with less government intervention and emphasizing states' rights and individualism.
Step-by-step explanation:
Main Differences Between Roosevelt's "New Nationalism" and Wilson's "New Freedom"
The debate between Theodore Roosevelt's New Nationalism and Woodrow Wilson's New Freedom encapsulates two distinctive approaches to social and economic reform during the early 20th century. Roosevelt's New Nationalism was characterized by a belief in a strong federal government to regulate the economy and address social issues. It supported the continuation and expansion of progressive policies, including the regulation of large corporations (trust-busting), establishment of social welfare programs, and the promotion of social justice.
On the other hand, Wilson's New Freedom favored smaller government and emphasized individualism and states' rights. His approach sought to restore economic competition by eliminating all trusts instead of just regulating them. Wilson believed that the federal government should only intervene to ensure competition, not to manage the economy. He also focused on tariff reform, banking reform through the Federal Reserve System, and reducing the influence of large corporations.
In summary, the main difference between Roosevelt's New Nationalism and Wilson's New Freedom lies in their views on the size and role of the federal government in economic affairs, with Roosevelt favoring active government intervention and regulation, whereas Wilson emphasized competition and free-market principles with minimal government interference.