USA HISTORY

Detailed explanation-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.

Detailed explanation-2: -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 more than $500 billion today.

Detailed explanation-3: -Germany started making reparations payments to Holocaust survivors back in the 1950s, and continues making payments today.

Detailed explanation-4: -reparations, a levy on a defeated country forcing it to pay some of the war costs of the winning countries. Reparations were levied on the Central Powers after World War I to compensate the Allies for some of their war costs.

Detailed explanation-5: -One of the most controversial terms of the treaty was the War Guilt clause, which explicitly and directly blamed Germany for the outbreak of hostilities. The treaty forced Germany to disarm, to make territorial concessions, and to pay reparations to the Allied powers in the staggering amount of $5 billion.