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what efforts did Woodrow Wilson make to try to regulate the economy.

Sagot :

Woodrow Wilson was really one of the first major economically liberal presidents in the sense that he was proactive in fighting trusts, inflation, and corruption in big business.

Answer:

Trying to establish a new free trade order, both within the United States and outside its borders.

Explanation:

Wilson established the Federal Reserve and the Federal Trade Commission. The first of these institutions supported the creation of a regional banking system with government control of the country's currency. The second reduction of import tariffs.

He advanced the cause of the antitrust reform by detailing more precisely the difference between legitimate and illegal corporate practices. In addition, it particularly exempted labor unions from antitrust mandates.