Versailles Treaty


Versailles Treaty

A 1919 treaty that solemnized the end of World War I. It required Germany, Austria, and Hungary to accept responsibility for causing the war and Germany to pay heavy reparations to the victorious powers. While some scholars disagree, others believe these reparations contributed to Germany's hyperinflation in the early 1920s. In any case, the reparations were humiliating and financially damaging for Germany, which did not make the final payment until 2010.