Reparations: Quick Facts

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Facts

Also Known As	war reparations

Photos and Videos

A French soldier in uniform points a rifle with bayonet at an elderly German civilian in a coat and hat, while another soldier stands in the background on a city street in Essen.

Large crowd of students, many holding flags and wearing hats, gathers on steps in front of columns at the Lustgarten in Berlin to protest the Treaty of Versailles, circa 1919-1929.

Inflation in the Weimar Republic

French and Belgian soldiers in heavy coats and helmets stand and walk with horses on a cobblestone city street in the Ruhr area during the 1923 occupation.

Large crowd of protesters holding signs in German opposing the Treaty of Versailles, gathered in front of a grand building in Germany, circa 1919-1934.

Black-and-white photo of a roadside sign reading You are now entering the Russian zone, with British and Soviet flags in the upper corners, vehicles and trees in the background.

Crowds of people gather around merchants selling goods spread on the sidewalk at a black market near Ueno, Japan, in 1946.

Economic and Political Crises Faced by Germany's Weimar Republic

What Were the Consequences of the Treaty of Versailles?

Impact of the deutsche mark in Germany

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Topics

reparations war peace treaty war finance tactics Korean War Timeline Today in History—October 23: The War of Jenkins’ Ear Begins logistics strategy Timeline of the Second Opium War (Arrow War)Persian Gulf War Timeline Law of war guerrilla warfare

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Key People

Walther Rathenau

Walther Rathenau

German statesman

John Maynard Keynes

John Maynard Keynes

British economist

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Bertil Ohlin

Swedish economist