WORLD HISTORY

Detailed explanation-1: -War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war.

Detailed explanation-2: -What are war reparations? At the end of a war, countries are required to make payments as a way of making up for the damage inflicted. This was the case at the end of World Wars I and II. The debt can be paid back for many reasons, including machinery damage, and forced labor.

Detailed explanation-3: -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-4: -Reparations refer to the different ways to restore victims after the violations they have suffered. Individual culprits may be ordered to provide reparations because they inflicted the harm, but also State institutions for their acts breaking international law or for failing to prevent crimes.

Detailed explanation-5: -$33 Billion in Reparations Article 231, commonly called the war guilt clause, required Germany to accept responsibility for causing “all the loss and damage” inflicted on the Allies.