HISTORY
WORLD WAR I AND THE RUSSIAN REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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requiring Germany to pay for war damages
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killing all the Germans
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putting all Germans into concentration camps
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taking some of its overseas colonies
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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: -One of the terms stated in the Treaty of Versailles was that of reparations due to the Allies from Germany. This created an immense amount of debt for the German economy which in turn created hyperinflation which effected the German population directly.
Detailed explanation-3: -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-4: -Over the next four years, U.S. banks continued to lend Germany enough money to enable it to meet its reparation payments to countries such as France and the United Kingdom. These countries, in turn, used their reparation payments from Germany to service their war debts to the United States.