USA HISTORY

AMERICAN IMPERIALISM(1890 1919)

TREATY OF VERSAILLES

[SOURCES]
How much was Germany forced to pay in reparations?

(A) $32 billion

(B) ** $33 billion

(C) $36 billion

(D) $38 billion

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: -In January 1921, the total sum due was decided by an Inter-Allied Reparations Commission and was set at 132 billion gold marks, about £6.6 billion or $33 billion (roughly $393.6 billion US dollars as of 2005).

Concept note-5: -Blame-Germany was forced to accept the blame for starting the war under article 231 of the treaty, known as the War Guilt Clause. Reparations-Germany was to be made to pay for the damage suffered by Britain and France during the war. In 1922 the amount to be paid was set at £6.6 billion.