Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. [1]

The meaning of AUTARKY is self-sufficiency, independence; specifically : national economic self-sufficiency and independence.

2024年7月22日 · Autarky refers to a nation that operates in a state of self-reliance. Nations that follow a policy of autarky are characterized by self-sufficiency and limited trade with global partners.

In autarky the agent borrows nothing, consumes the output, and chooses effort to maximize expected contemporaneous utility. From the Cambridge English Corpus One flaw of using …

autarky, an economic system of self-sufficiency and limited trade. A country is said to be in a complete state of autarky if it has a closed economy, which means that it does not engage in international trade with any other country. Historically, societies have utilized different levels of …

First we consider a life-cycle problem, where every individual can only spend what he earned during his whole life : autarky.

2025年3月5日 · A general autarky in culture simply will not work: the hope of perpetuating the culture of any country lies in communication with others. ( economics , politics , specifically ) ( uncountable ) (A policy of) national economic self-sufficiency , aimed at ending reliance on foreign imports to sustain a domestic economy .

2024年3月19日 · Autarky, a state of self-reliance, is a concept often linked to nations striving to reduce their dependence on international trade. This article explores the meaning of autarky, its historical examples, and the economic implications it holds.

2 meanings: 1. (esp of a political unit) a system or policy of economic self-sufficiency aimed at removing the need for imports.... Click for more definitions.

2023年5月10日 · Autarky is an economic system in which a country aims to achieve complete self-reliance by minimizing its reliance on international trade and producing all of its essential goods and services domestically.