Effects Of The Treaty Of Versailles By John Maynard Keynes

Improved Essays
According to the British economist John Maynard Keynes, the Treaty of Versailles was nothing more than a ticking bomb threatening the European economy He predicted that this Treaty would result in “the dead season of our fortunes.” (The Economic Consequences of the Peace, p. 2) Keynes thought the Treaty proved that the Council of Four was shortsighted, and cared about nothing more than their own interest. Therefore, he foresaw that the Treaty would lead into an economic depression in Europe. We know this from his article where he described the Versailles Treaty as having “no provisions for the economic rehabilitation of Europe.” (The Economic Consequences of the Peace, p. 1)
As the result of the Versailles Treaty, Keynes’ predictions became

Related Documents

  • Improved Essays

    Treaty Of Versailles Dbq

    • 705 Words
    • 3 Pages

    The German economy had been ravaged by the conditions outlined in the Treaty of Versailles, the German Chancellor Heinrich Bruning was desperate to…

    • 705 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Dialectical Essay The Treaty of Versailles was one of the most important deals ever signed and would not only change European politics and the entire world. The political environment was extremely complicated and every nation wanted a different thing. The US president Woodrow Wilson wanted a deal where no one really wins or loses but one that would fortify a lasting peace in the world. The British wanted more justice against Germany while France wanted revenge against the Germans. Many aspects of the treaty did not solve the original problems that lead to the war in the first place and definitely would not create a lasting peace in Europe.…

    • 466 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    World War 2 Dbq Analysis

    • 1521 Words
    • 7 Pages

    Articles 232 and 233 defines the financial cost the the Treaty of Versailles will impose of Germany in order to “repair” the damages caused to France dating back to World War I. Both articles state, “.. [Germany] will make compensation for all damage done to civilian populations of the Allied and Associated Powers… within a period of thirty years” (Doc C). This further explains the major economic and financial devastations Germany will be forced to face.…

    • 1521 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    The Treaty of Versailles was supposed to be a salvation for Europe post- WWI, but it ended up bringing about another war and a depression among the countries. The “victors” seemed to be too focused on getting what they believed they deserved rather than serving what the treaty was supposed to be based on morals. Article 231 goes to prove that Great Britain and France really wanted someone to blame and to pay for the war. Creating a War Guilt Clause and naming Germany the only antagonist to the war isolated the country and did the opposite of what the League of Nations should have accomplished for Europe. France, in its fear, took more from Germany than it should have and they left them in a depression that would push them into another fear.…

    • 461 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    He went so far in his power that he was even able to annex Austria. Even though Wilson's point had been made a part of the treaty, it was a failure because of Hitler's actions and because the rules were difficult to enforce. The result of the laws not being enforced was the beginning of World War Two. <br> <br>The fifth point of the president's was the just settlement of colonial claims. He stated that "a free, open-minded, and absolutely impartial adjustment of all colonial claims, based upon a strict observance of the principal that in determining all such questions of sovereignty the interests of the populations concerned must have equal weight with the equitable claims of the government . . .…

    • 1257 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    Causes Of Ww2

    • 1400 Words
    • 6 Pages

    Secondly, the Treaty of Versailles, as established by the League of Nations, intended to make Germany pay reparations for the war. This did not go as planned, as it led to the rise of Adolf Hitler and the Nazi party. Immediately…

    • 1400 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    One of the major cause for the great changes during World War Era, 1890-1945, is the economic downturn. In fact most of the changes were done due to the economic crises. For example, the British debts from the Seven Years War brought England and colonists’ relationship to its knee, then again in 1780’s, the inflation of the Continental Currency forced the colonists to redesign the government system, thus constitution was adopted as the solution for strugger central government. No matter what time era it is, economic downturns always the major cause for the changes in America, the time era of 1890-1945 were no exception. Just like Revolution Era of 1754-1800, the economic crisis began due to the overconfidence in the rising economy at first.…

    • 664 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    To a large extent, the Treaty of Versailles, appeasement and Hitler’s actions caused World War 2. The Treaty of Versailles made the Germans angry because the punishments were so harsh, helping them to unite as a country. Hitler inspired the Germans to start the next war, with the Treaty of Versailles and appeasement only helping Hitler to convince the Germans (Chapman. N, N.D.) Appeasement meant that Hitler could get whatever he desired because the other countries were preoccupied by trying to prevent another war occurring (History on the net, 2014).…

    • 1211 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Since the completion of the First World War and the conclusion of the Treaty of Versailles there has been much discussion on whether the Second World War and the following major events of the twentieth century were born from the events of the 1919 Paris peace conference and conclusions of the peace settlement. David Andelman in his ‘A Shattered Peace’1 puts forth the opinion that the actions and decisions of the main players, Clemenceau, Lloyd George and Wilson, and the final conclusions of the peace treaty, did indeed lead to the Second World War and some of the major conflicts of the twenty first century. Margret Macmillan, however, in her journal article ‘Making war, Making peace: Versailles 1919’2 argues that though the conclusions of the…

    • 986 Words
    • 4 Pages
    Great Essays
  • Decent Essays

    The treaty of Versailles was unjust and unfair. Generally, for the reason that liabilities German for the war. Additional faults were: collapse of the whole German Empire, they were only legalized a handful of ships, no submarines. Their navy could not be more than 100,000 men. No more settlements, no air force.…

    • 71 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    On the 11th of November 1918, World War I had ended. The war, the first modern conflict in history, left seventeen million casualties in its wake. World leaders of the time, like President Woodrow Wilson of the United States, Prime Minister Georges Clemenceau of France, and Prime Minister David Lloyd George, met to not only create a treaty between themselves and the Triple Alliance, but to also create a treaty that would last. Unfortunately, this treaty for peace and European prosperity, known as the Treaty of Versailles, did not last long. On the eve of September 1939, a new war, deadlier than the last, erupted, built from the Versailles bricks that led to the resentment and outrage of the German people, but, from this, how did the Treaty of Versailles aid the call for the Second World War?…

    • 1072 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The Unhappy Compromise World War I was officially brought to an end with the signing of the Treaty of Versailles on June 28, 1919. The Treaty of Versailles was negotiated among the Allied powers of Britain, France, and America with little to no participation from Germany. The intent of the treaty was two fold, first to prevent another world war, and second to punish Germany for starting the war to begin with. This vindictive approach would spill over into every part of the treaty and would ultimately lead to its failure. The Treaty of Versailles was unsuccessful, because the German people saw it as a betrayal, Germany was isolated politically form the rest of the world, Germany was forced to give up vast amounts of land, Germany’s proud…

    • 946 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Aware that Germany would probably not be able to pay such a towering debt, nevertheless they feared rapid recovery(Gale),” this alludes to the fact that the allied powers knew that Germany would regain what it had lost and may even declare a second war, so they use the peace treaty to we could Gemini and gain power and resources. The only way to weaken Germany was blaming it for the war and as a punishment taking everything at once had the Alec powers knew that Germany was one of the strongest opposers and they used this treaty as a way to…

    • 1273 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Treaty of Versailles During the 1800s and early 1900s treaties were the answer to peace, however the Treaty of Versailles was one of the most horrific examples of failed diplomacy resulting in World War II and was responsible for million of deaths. The treaty tried to do 3 major things; place restrictions on the German military, force Germany to pay reparations to the Allies and place full responsibility of the war on Germany. Reducing the military would limit Germany’s power and could prevent them from fighting back or provoking another war (Treaty of Versailles and Nazism, 2011). The Treaty of Versailles would have and could have been a success, but its main failures were in its execution and in the terms.…

    • 1030 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Treaty Of Versailles Dbq

    • 559 Words
    • 3 Pages

    The Versailles Treaty was a document that put an end to the first world war but started World War 2. The Treaty of Versailles was made to punish and weaken Germany and it’s army. The first topic in the Treaty of Versailles is about the military. In document B, Article 160 states that…”after that date the total number of military troops in Germany must not exceed one hundred thousand men, including officers.” Germany felt overwhelmed because their army was nothing compared to everyone else.…

    • 559 Words
    • 3 Pages
    Improved Essays