what are the economic
effect of first world war on germany
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Under the Treaty of Versailles, Germany was required to make monetary payments to the Allies, called reparations. The heavy reparations, combined with the devastated economic infrastructure throughout Germany and political tension under the Weimar Republic, led to an economic depression.......
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The First World War had a devastating impact on the entire continent of Europe. It left a deep imprint on European society and polity. Germany carried the burden of war guilt and faced national humiliation and financial bankruptcy.
The effects of the First World War on Germany were:
- Financially, Germany suffered a lot because the new Weimar Republic was made to pay compensation to the Allies for the war amounting to 6 billion.
- Germany lost its overseas colonies, as they were annexed and distributed among the Allied powers.
- Germany was demilitarised to weaken its power.
- The Allied armies occupied the resources rich Rhineland for much of the 1920s. All these measures humiliated the Germans and also Hitler.
- To take revenge, Hitler annexed power in Germany and waged war against the Allies, thus sowing the seeds of the Second World War.
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