Answer:
To promote economic development, the German government implemented a common currency system throughout Germany and reorganized the banks through the implementation of various measures.
Explanation:
- After the loss that Germany suffered in two huge consecutive wars, it was going to be difficult for Germany to stand strong as an economy.
- But the contemporary leaders of Germany chalked out a plan for the revival of the economy and as the first step, introduced a common currency for the entire country.
- This brought in the convenience of trade. The German government also revived that banks and ensured the liquidity of money.
- In this manner, the German government promoted the economic development of the nation.
