(A) Reparations are destruction of property
(B) Repairs and improvements made to Germany
(C) ** Payments in the billions that Germany was forced to make to rebuild Europe
(D) Payments that America would make to Germany
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.