The end of the First World War and the peace settlement, 1917–1923 key terms

Reparations

Payments imposed on a defeated nation to compensate for war damages, particularly significant in the Treaty of Versailles.

Nationalism

A political ideology that emphasizes the interests and culture of a particular nation, often leading to the desire for independence or self-governance.

Reparations

Payments imposed on Germany by the Treaty of Versailles to compensate the Allies for war damages.

Self-determination

The principle that nations have the right to determine their own political status and governance.

Reparations

Payments imposed on Germany by the Treaty of Versailles to compensate the Allies for war damages.

Hyperinflation

An extremely high and typically accelerating inflation, which occurred in Germany in the early 1920s due to economic instability.

Reparations

Payments imposed on Germany by the Treaty of Versailles to compensate the Allies for war damages.

Hyperinflation

An economic condition characterized by rapidly increasing prices, which occurred in Germany in the early 1920s due to the economic crisis following the Ruhr occupation.