Title: The Treaty Of Versailles Affect Germany After War Free Essay Example
Headings: The Treaty Of Versailles Affect Germany After War
The Treaty Of Versailles Affect Germany After War
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Content: The loss of West Prussia took away Germany’s richest farming land, but reparations did the greatest economic damage to Germany. The terms of the Treaty of Versailles were horrendous, and it brought Germany to its knees. Germany could not afford to pay France and Belgium after being brought to their limits during the war and still having to build their own economy. Germany had to pay for all the damage of the war – a sum set at 6.6 million dollars, which were made in instalments until 1984. This ruined Germany’s economy, damaged by the war, and led to the hyperinflation of 1923. Inflation was out of control and people soon had to bring wheel barrels of German currency to the store just to buy bread. The price of goods kept rising and money became worthless, so it was hard for the people to afford these goods. The German government had begun printing off more money in order to pay off their debt, which turned out to be a bad idea and caused inflation to be very high. The money the paper was printed on soon became worth more than the money itself. Workers who were paid by the hour began to find that their wages were worthless, prices went up soon as their shifts began.