USA HISTORY

AMERICAN IMPERIALISM(1890 1919)

END OF WWI

[SOURCES]
What are reparations?

(A) ** Payments Germany was forced to pay

(B) Repairs and improvements made to Germany

(C) Money that France would donate to Germany to help rebuild

(D) Payments that Russia would give to the Ottoman Empire

EXPLANATIONS BELOW

Concept note-1: -The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks (US$33 billion [all values are contemporary, unless otherwise stated]) in reparations to cover civilian damage caused during the war.

Concept note-2: -But most embarrassing of all was the punitive peace treaty Germany had been forced to sign. The Treaty of Versailles didn’t just blame Germany for the war-it demanded financial restitution for the whole thing, to the tune of 132 billion gold marks, or about $269 billion today.

Concept note-3: -World War II Germany After World War II, according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly in machinery and manufacturing plants. Dismantling in the west stopped in 1950. Reparations to the Soviet Union stopped in 1953.

Concept note-4: -What are reparations? Reparations by the federal government would offer restitution to the descendants of slaves, or even all Black Americans, for the centuries of servitude, unpaid forced labor and suffering enslaved people endured.