Allied Reparations Agreement

The Allied Reparations Agreement was a plan after World War I where Germany agreed to pay damages and compensation to the Allied nations, mainly for wartime destruction and losses. The purpose was to help rebuild destroyed countries and cover costs caused by the war. This agreement was part of broader peace treaties, such as the Treaty of Versailles, and aimed to hold Germany responsible for its wartime actions. The payments were complex and controversial, affecting Germany's economy and international relations in the years following the war.