In: Economics
I need help with the Treaty of Versailles of 1919. In what ways did the treaty succeed/fail and was Germany treated fairly? Please give a detailed description in a few paragraphs to help me really understand the information.
The Versailles Treaty, concluded at the conclusion of World War I at the Palace of Versailles in Paris in June 1919, codified peace terms between the victorious Allies and Germany. Germany was made liable for the outbreak of the war by the Treaties of Versailles which levied heavy punishments for loss of territories, large reparation payments which demilitarisation. Far from the U.S.'s "peace without victory" In his famous Fourteen Points in early 1918, President Woodrow Wilson explained that the Treaty of Versailles embarrassed Germany while struggling to address the fundamental problems that had contributed to the war in the first place. Within Germany, economic hardship and distrust of the treaty helped spark the ultra-nationalist sentiment that led to the rise of Adolf Hitler and his Nazi Party, as well as the arrival of the Second World War only two decades later.
In the end, Germany was compelled by the European Allies to enforce harsh peace terms, requiring the country to forfeit about 10% of its territories and all its overseas possessions. Other central clauses of the Versailles Treaty provided for the demilitarisation and annexation of the Rhineland, barred the German army and navy, prevented it from retaining an air force, and required it to hold war crimes trials for its brutality against Kaiser Wilhelm II and other officials. Most notably, Article 231 of the Convention, better known as the "war guilt clause," compelled Germany to claim full blame for the outbreak of the First World War and pay massive reparations for the casualties of the Allied war.