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Historian Sally Marks endorsed that view, writing that historians who say reparations caused hyperinflation have overlooked "that the inflation long predated reparations" and the way "inflation mushroomed" between mid-1921 and the end of 1922 "when Germany was actually paying very little in reparations" and have failed to explain why "the ...
Other cases of reparations, such as to the Jewish people who survived the Holocaust or the Native Americans in the United States, are very different in the way that it is much easier to identify the group who should receive them, and the reparations were paid more quickly than in the case of reparations for slavery.
The reparations levied on Germany by the Treaty of Versailles were, in theory, supposed to restore the damage to the civilian economies, but little of the reparations money went for that. Most of Germany's reparations payments were funded by loans from American banks, and the recipients used them to pay off loans they had from the U.S. Treasury.
Denominations offer a glimpse into endeavors at "reconciliation" for their own involvement in another institution dawning centuries ago: slavery.
After a blockbuster 1,000 page report, California's reparations advocates will have to convert recommendations from its statewide task force into policies — and convincing voters to pay for it.
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Reparations are broadly understood as compensation given for an abuse or injury. [1] The colloquial meaning of reparations has changed substantively over the last century. In the early 1900s, reparations were interstate exchanges (see war reparations) that were punitive mechanisms determined by treaty and paid by the surrendering side of a conflict, such as the World War I reparations paid by ...
The first American women enlisted into the regular armed forces were 13,500 women admitted into active duty in the U.S. Navy. They served stateside in jobs and received the same benefits and responsibilities as men, including identical pay (US$28.75 per month), and were treated as veterans after the war.