3. What was the impact of the peace treaty on Germany up to 1923?
All Germans were outraged by the Treaty of Versailles and the political and economic consequences of the Treaty were to be far-reaching. Germany had lost 10% of its land, 12.5% of its population, 16% of it coal fields and almost 50% of its iron and steel industry. It had also lost all of its colonies. Its army was severely limited and it had a tiny navy. It had had to accept war guilt and a huge reparations bill. The...