what was the impact of the treaty of versailles on germany up to 1923
The financial impact of the Treaty. The Treaty of Versailles blamed Germany for the First World War. As a result of this Germany was also held accountable for the cost of the war and the Treaty dictated that compensation would have to be paid to the Allies.he Treaty of Versailles radically altered the Geography of Europe. The Treaty had clauses that resulted in areas of land being taken from Germany. The following maps illustrate the scale of these losses: From these maps it is clear that Germany suffered large territorial losses.