War Reparations |
SummaryAffected countries demanded that Germany paid reparations. They expected Germany to up to $55 billion dollars due to the results from the conflict. However, Germany couldn't afford to pay these deeds. They were faced with financial challenges which concluded them to be well in debt. That being the case, they were unable to pay the interest rates. When they could no longer pay, their rescources were stripped from them and that's how they made their payments.
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Notes-Never be paid
-Couldn't pay interest -France wants it -Couldn't afford the Payment (too high) -Amount of reparation change in 1929 |
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Quote"But how do you put a price on war? Is it the property value of destroyed buildings? Rounds of ammunition shot? The cost in human life? It took two years for the international Reparations Commission to assess damages in relation to Germany's national wealth — after all, the payment plan needed to be affordable — and decide how much the government owed. The first reparation demands were 266 gold marks, which amounted to roughly $63 billion then (close to $768 billion today), although this was later reduced to $33 billion (about $402 billion today)." -Claire Suddath
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Subjunctive QuestionIf Germany wasn't forced to pay the countries for damages, what would have been the attitude of the affected countries?
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