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The Paris Peace Treaties and World War I

 


             Also as economist john Maynard Keynes saw, the Paris peace Treaties lacked an economic focus, and instead concentrated on other issues. The Treaties did not allowed Europe to recover economically because it did nothing to help stabilize economically new nations and countries created by self-determination. Furthermore the nations that much suffered like France and Italy were not aid by no one, not even allies themselves. This caused a much poorer Europe and solitary countries because they preferred to take over their own economy instead of helping. Therefore the Treaties caused economic problems in Europe because it made countries more self-aware of their own problems and forgot to help the new countries the self-determination policy had created. .
             Moreover Europe was disintegrating economically after World War 1 but as the big three were politicians, there was very little attention in the economic part of the treaties. Little they knew that Europe would need a huge amount of economic support after the war but the whole treaties were about political matters and the leaders pleasing their nations. Therefore the Paris peace Treaties caused economic problems in Europe because it was a way, not only to settle things after the war, but to representatives of each country to show that they were getting the best for their own country and not resolving upcoming problems.
             However, while the lack of economic focus shown by the Peace settlements was undoubtedly serious, the critical weakness of the Treaties was Reparations. After accepting that they lost the war, Germany had to pay a fixed amount of £6,600 million and they had to give 25% of all the income from exports to the allies. As many economist from the world knew that that amount of money at that time in history was impossible to pay the amount of money was reduced to 132 million marks; which was a lot but not as much. The German government needed to gain money to pay the allies so they raised taxes, but this took to a depressed economy.


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