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.

Jul 22, 2024 · 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 …

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 …

What does the noun autarky mean? There are two meanings listed in OED's entry for the noun autarky . See ‘Meaning & use’ for definitions, usage, and quotation evidence.

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

Mar 5, 2025 · 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 ) ( …

Origin of autarky 1 First recorded in 1610–20; from Greek autárkeia, “self-sufficiency,” equivalent to aut- aut- + arke-, stem of arkeîn “to be strong enough, suffice” + -ia -ia

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.