The Treaty of Versailles, signed on June 28, 1919, formally concluded the First World War. Negotiated primarily among the Allied powers, it imposed heavy reparations and territorial losses on Germany, aiming to prevent future conflicts. The treaty redrew national borders, established the League of Nations, and included provisions to limit German military capabilities. However, the treaty's harsh terms contributed to economic hardship in Germany and sowed seeds of discontent, eventually leading to the rise of extremism and the outbreak of World War II. Its legacy remains contentious and debated in historical discourse.