The Palace of Versailles holds significant importance in French history as a symbol of absolute monarchy and the center of political power during the reign of King Louis XIV. Originally a hunting lodge, Louis XIV transformed it into an extravagant palace in the 17th century, reflecting the glory and power of the French monarchy. The palace served as the royal residence and the site of court life, illustrating the opulence of the aristocracy while the common people faced hardship. The Versailles Treaty of 1919, which ended World War I, further ties the palace to major historical events. It remains a symbol of both French heritage and revolution.