Paris Peace conference was also known as versailles peace conference was the meeting of winning allied powers after the world war 1 ended to sign a peace treaty.
The aim was to set the peace terms with the central powers. The main 5 powers participated, France, Britain, Italy, Japan and USA.
The major decision during the conference which was taken with the consent of all the powers present was the establishment of the league of the nations.
The wealthy knew that the colonies could provide natural resources which could be sent back to England to be sold for profit. They could also sell goods from England in the colonies to also make profits.
