Definition, Meaning & Synonyms
autarchy
Noun
/ˈɔː.tɑːr.ki/
Definition
A system of government or economy where a state is self-sufficient and independent from external assistance.
Examples
- The small island nation adopted autarchy to ensure it could sustain itself without foreign aid.
- During the Great Depression, some countries considered autarchy as a means to boost their economies.
Meaning
Autarchy refers to a political or economic situation where a country or region does not rely on outside countries for its resources or trade. It emphasizes self-sufficiency and independence.
Synonyms
- Self-sufficiency
- Isolationism
- Self-reliance
