Germany lost a significant amount of territory as a result of the Treaty of Versailles. Germany lost Alsace-Lorraine to France, Eupen-Malmédy to Belgium, North Schleswig to Denmark, and West Prussia, Posen, and Upper Silesia to Poland. Germany also lost all of its overseas colonies.
Germany was required to pay reparations to the Allied Powers. The reparations were to be paid over a period of 30 years. The total amount of reparations was 132 billion gold marks, which was equivalent to about $33 billion at the time.
The Treaty of Versailles also required Germany to accept responsibility for starting World War I. This was known as the "war guilt clause." The war guilt clause was very controversial and many Germans felt that it was unfair.
The Treaty of Versailles had a devastating impact on Germany. The reparations payments were a heavy burden on the German economy and the war guilt clause made it difficult for Germany to rebuild its national pride. The treaty also led to the rise of Adolf Hitler and the Nazi Party. Hitler promised to overturn the Treaty of Versailles and restore Germany to its former glory.