Definition of Autarky:
Self-reliance refers to a state of self-sufficiency and usually refers to an economic system or nation that has autonomy and limited trade. The meaning of self-sufficiency comes from the Greek language: autos which means in and arkinen which means strong enough. A fully self-sufficient country is one that has a closed economy and no foreign cooperation, trade or aid.
- Self-reliance refers to a state of self-sufficiency and is widely used to describe a country or economy that is completely closed.
- An independent country is a country that does not participate in international trade and does not receive foreign aid or assistance.
- Today, almost no autonomy is complete: North Korea and Nazi Germany are two examples in recent decades.
Meanings of Autarky
Freedom or economic autonomy.
Sentences of Autarky
Self-sufficiency is a dream come true in rural communities
Synonyms of Autarky
self-reliance, independence, self-support, self-sustenance, self-standing