The document summarizes key events and outcomes of World War 1 and the Treaty of Versailles. It notes that WWI lasted from 1914 to 1918 and resulted in over 37 million casualties including over 16 million deaths. It describes the goals of different nations involved and the massive financial costs of the war for countries like the UK, France, Russia, and Germany. It outlines the terms of the Treaty of Versailles signed in 1919, including Germany accepting full blame, losing territory and colonies, demilitarization, and war reparations totaling over $30 billion. The document discusses the instability in Germany that followed as the new Weimar Republic struggled and communism grew, as well as the failure of the League of Nations due to lack of US