New Nationalism: 1) Woman Suffrage 2) Broad social welfare 3) More aggressive Progressivism 4) Increased regulation of big business
New Freedom: 1) Favoring of small enterprise 2) Increased individual competition 3) Vigorous enforcement of anti-trust laws 4) A "free market" for the economy
Both obviously catered to the Progressive movement. Both were anti-big business. And both favored the rise of the "little man".
The two policies differed in what means would be used to achieve these ends. Roosevelt's New Freedom proposed broad social welfare, much like that seen in the 1930's from Franklin Delano Roosevelt. Wilson violently opposed welfare. Both favored a sort of free market for the economy: Wilson favored the pure market, Roosevelt allowed those who had losses to be given another chance.