WORLD HISTORY

Detailed explanation-1: -Treaty of Versailles Germany had suspended the gold standard and financed the war by borrowing. Reparations further strained the economic system, and the Weimar Republic printed money as the mark’s value tumbled. Hyperinflation soon rocked Germany.

Detailed explanation-2: -Aside from affecting Germany, the Treaty of Versailles might have caused the Great Depression. Many people, even at the time, agreed with the British economist John Maynard Keynes that Germany could not possibly pay so much in reparations without severe risks to the entire European economy.

Detailed explanation-3: -Introduction. The Treaty of Versailles was signed by Germany and the Allied Nations on June 28, 1919, formally ending World War One. The terms of the treaty required that Germany pay financial reparations, disarm, lose territory, and give up all of its overseas colonies.

Detailed explanation-4: -The terms of the Treaty were very damaging to Germany: territory was taken from Germany-depriving it of valuable industrial and agricultural income. Article 231, the War Guilt Clause blamed Germany and her allies for starting the war – this led to feelings of humiliation and anger.

Detailed explanation-5: -The Treaty of Versailles is one of the most controversial armistice treaties in history. The treaty’s so-called “war guilt” clause forced Germany and other Central Powers to take all the blame for World War I. This meant a loss of territories, reduction in military forces, and reparation payments to Allied powers.