Respuesta :
Germany, Austria-Hungary, and Turkey's economic problems after World War I were compounded by requirements to pay reparations to the Allies. Hope this helps!
Answer:
World War I repairs
Explanation:
Reparations after World War I were a series of compensations and indemnities imposed at the Paris Peace Conference between the central powers and the Allied forces after the end of World War I with the defeat of the former. Each of the central axis states were required economic compensation despite the financial situation of countries such as Austria, Hungary and the Ottoman Empire after the end of the conflict. Being insufficient, the transactions were canceled. Bulgaria paid only a small part of what was stipulated and the repairs were reduced until they were canceled. Historians recognized that the requirements in the case of Germany as "responsible" for the conflict as indicated in the Treaty of Versailles were not reviewed.
Both the Treaty of Versailles and the London agreements of 1921, it was stipulated that Germany had to pay 132 billion gold marks in reparations for damages caused to the civilian population during the conflict. The form of payment was through bonds being a total of 50 billion marks, as for the remaining money had to go to the Anglo-French community.
However, Germany stopped liquidating and in 1923 France occupied the Ruhr. This act caused an international crisis that led to the Dawes Plan. This program allowed Germany to pay the debt through loans. However, in 1928 the Germans asked for a new payment plan: the Young Plan, which established that the German reparation would cost 112 billion and that by 1988 Germany would have paid off the debt, but in 1931 the economy collapsed and the transactions were canceled. for a year. Between 1919 and 1932, Germany paid less than 21 billion marks.
