The Treaty of Versailles imposed harsh terms on Germany following World War 1. It forced Germany to accept war guilt, pay extensive reparations, lost territory, and faced military restrictions. While the Allies saw this as punishment for Germany's role in starting the war, Germany viewed the terms as unfair and crippling. The treaty dismantled Germany's military and economy but did little to foster lasting peace, sowing seeds of resentment that contributed to World War 2.