Name two modern day countries that used to be part of the British Empire in Asia.

this means that germany had to pay the allied countries. reparations are/is essentially payment for something that they have done wrong, so after ww1, germany was forced to pay reparations so they could replenish the allied countries resources' that they had lost during the war.

it was on the rise and doing very well and would continue to do well until the great depression from 1929-1939