political self-rule; economic independence and self-sufficiency in which the government controls a nation's economy and isolates it from the rest of the world
Autarky is the quality of being self-sufficient. Usually the term is applied to political states or their economic systems. Autarky exists whenever an entity can survive or continue its activities without external assistance or international trade. If a self-sufficient economy also refuses all trade with the outside world then it is called a closed economy.
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1. economic independence as a national policy
(hypernym) independence, independency
1. A policy of national self-sufficiency and nonreliance on imports or economic aid.
2. A self-sufficient region or country.
***"The fascist authorities, anticipating the Duce's involvement in a European war, embarked on a strict policy of autarchy, designed to make the empire as far as possible, self-sufficient. Horse-drawn garries, or carts, were for example introduced as a substitute for cars making use of petrol."Richard Pankhurst, A History Of Early Twentieth Century Ethiopia, The Addis Tribune (Ethiopia), Feb 28,1997.
Self-sufficiency concerning food and material resources. Autarky systems are closed to matter and energy except for the continual flow of sun energy. Examples are a small isolated island economy in the Pacific Ocean on the one extreme and the "spaceship earth" on the other. National policies of restricting economic exchanges across borders to promote self-sufficiency in food, energy and technology and to make a country more easily governable have always been undermined by information flows and the mobility of people and could not be sustained for long. All biological organisms are open to energy and matter (see
open system ). (krippendorff )
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