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.
