reparations summary

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Below is the article summary. For the full article, see reparations.

reparations, Payment in money or materials by a nation defeated in war. After World War I, reparations to the Allied Powers were required of Germany by the Treaty of Versailles. The original amount of $33 billion was later reduced by the Dawes Plan and the Young Plan and was canceled after 1933. In the 1920s German resentment over reparations was used by ultranationalists to foment political unrest.

Weimar Republic Summary

Weimar Republic, the government of Germany from 1919 to 1933, so called because the assembly that adopted its constitution met at Weimar from February 6 to August 11, 1919. The abdication of Emperor William II on November 9, 1918, marked the end of the German Empire. That day Maximilian, prince of

Treaty of Versailles Summary

Treaty of Versailles, peace document signed at the end of World War I by the Allied and associated powers and by Germany in the Hall of Mirrors in the Palace of Versailles, France, on June 28, 1919; it took force on January 10, 1920. A brief treatment of the Treaty of Versailles follows. For full

John Maynard Keynes Summary

John Maynard Keynes was an English economist, journalist, and financier best known for his economic theories (Keynesian economics) on the causes of prolonged unemployment. His most important work, The General Theory of Employment, Interest and Money (1935–36), advocated a remedy for economic