He helped create a plan to buy $700 billion in bad loans and assets.
The problem faced by Weimar Republic are as follows :
1.Due to the heavy war reparations to be paid Germany was economically very weak.
2. France had occupied the Ruhr region of Germany to forcibly pay the war indemnity.
3. Profit from agriculture diminished and there was a large scale unemployment in the country.
4. The Great Depression totally established the economy and the prosperity of some years came to an end.
5. The weimar Republic could not fulfill the ambition of the people. It was a weak government mostly with coalitions ruling at the Centre. The governments were dissolved very frequently.
A country would want to get a larger military to overpower or to stand ground against other counties. "Problems" that this could cause to a nation is to be over militarized and not care about its citizens, problems to surrounding nations is that they would feel threatened by a larger military.
Almost half of all federal<span>revenue (47 percent) </span>comes<span> from individual income taxes.</span>
