Short note on Treaty of Versailles.
Answers
Explanation:
The Treaty of Versailles was a peace document signed between Imperial Germany and the Allied Powers on 28th June 1919. The treaty ended the state of war that had existed between Germany and the Allies from 1914 and brought World War I to an end.
The treaty gets its name from the Palace of Versailles where it was signed
more information:
Background of the Treaty of Versailles
World War I had broken out in July 1914 upon the assassination of Archduke Ferdinand, the heir to the throne of the Austro-Hungarian Empire. The resulting conflict had pitted Britain, France, Russia along with their colonies, against the Austro-Hungarian Empire, Ottoman Empire and the German Empire.
The war had been fought into a stalemate by 1918, but the Central Powers (the term with which the Ottomans, Austro-Hungarian and German factions were known by) were planning an offensive with the entry of the United States into the war against them. Seeking to swiftly put the conflict to an end before American troops landed in Europe, Germany took the initiative to begin an offensive that would end the war in the Central Powers favour.
Impact of the Treaty of Versailles
World War I had begun when a Serb nationalist, Gavrilo Princip, assassinated Archduke Franz Ferdinand and his wife in Sarajevo. Gavrilo was a member of the Black Hand, a Serb nationalistic group with the aim of uniting Serbs living outside the kingdom of Serbia. This had prompted the Austro-Hungarian Empire to declare war on Serbia and in return Serbia’s allies declared war on the Austro-Hungarian Empire, thus sparking the war.
The German people were furious that this fact was ignored by the Allies and Germany was made the sole party responsible for all the horrors of World War I. The nation’s burden of reparations crossed 132 billion gold Reichsmarks. It was a sum so huge that economists like John Maynard Keynes pointed out that Germany would not be able to pay it in full and even if, by chance that it did, the European economy would collapse.