Many peace agreements are merely reparations for a horrible injury. Sooner or later the wound reopens and the peace disperses. “Peace agreements rarely create stable peace. » In reference to the First World War, this statement is correct. The Treaty of Versailles was heavily criticized not only by Germany, but also by the Allies. The Treaty of Versailles had a critical negative impact on Germany, caused economic problems in Europe and bitter territorial losses. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay After World War I, there was one country to blame for the outbreak of war. Germany hated the war guilt she felt and thought she was too harsh. Germany just created a new government called the Weimar Republic and it was barely surviving due to the lack of resources and the weakness of this government. In the Treaty of Versailles, Germany was forced to foot the huge bill for reparations and taking its coal and iron resources meant that it would not be able to restore its economy. War guilt has put their people and their government in a difficult situation where the people have stopped believing in the government and the government cannot become stronger. The German people exclaimed that they were being drawn into the ideology of imperialism and that they never supported the war. Without any support from other countries, Germany's morale falls to an all-time low. This then helped Hitler rise to power by taking advantage of German resentment and anger towards war guilt, thus causing old wounds to reopen. World War I caused major economic disruption in Europe. Germany may have suffered horribly, but most countries in Europe also faced economic problems. Inflation destroyed many lower and middle class Europeans, who took away the wealth of many bourgeois families. All the money these families saved has become completely useless. Another economic disruption is competition in trade, because trade leads to tariffs. Countries can't even pay customs duties because of inflation. “As noted, only America and Japan benefited economically from the war. “The Treaty of Versailles caused a lot of bitterness. Land was very difficult to distribute among European countries. Hungary was furious at the loss of its territory, including Transylvania, Romania, Czechoslovakia and Yugoslavia. These small countries formed the Little Entente, the aim of which was to protect each other against a new Hungarian attempt to reconquer the territories they had lost. The Ottoman Empire was very bitter about the colonies. Their empire broke apart and formed Turkey. Italy was also unhappy as it joined the Allies at the last minute, hoping to receive all of the former German lands including Asia Minor, lands in Dalmatia, and lands in Albania. This supports the assertion that peace agreements rarely create stable peace. If everyone cannot be satisfied, then there will be bitterness and tension between the countries involved. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Custom Essay Ultimately, the Treaty of Versailles was unjustified and failed to create a stable peace. This had a negative impact on the economy.