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- Dictionaryautarky/ˈɔːtɑːki/
noun
- 1. economic independence or self-sufficiency: "rural community autarchy is a Utopian dream"
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The meaning of AUTARKY is self-sufficiency, independence; specifically : national economic self-sufficiency and independence.
Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. [1]
In autarky the agent borrows nothing, consumes the output, and chooses effort to maximize expected contemporaneous utility. One flaw of using flows lies on the fact that zero capital flows is a necessary but not sufficient condition for financial autarky.
There are two meanings listed in OED's entry for the noun autarky. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
Oct 15, 2024 · Borrowed from Ancient Greek αὐτᾰ́ρκειᾰ (autárkeia, “independence, self-sufficiency, autarky; satisfaction with one’s resources, contentment”) + English -y (suffix forming abstract nouns denoting a condition, quality, or state).
(Definition of autarky from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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.
Define autarky. autarky synonyms, autarky pronunciation, autarky translation, English dictionary definition of autarky. or au·tar·chy n. pl. au·tar·kies or au·tar·chies 1. A policy of national self-sufficiency and nonreliance on imports or economic aid. 2. A self-sufficient...
Autarky definition: the condition of self-sufficiency, especially economic, as applied to a nation.. See examples of AUTARKY used in a sentence.
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