Definition, Meaning & Synonyms
autarkic
adjective
/ɔːˈtɑːrk.ɪk/
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Definition
Relating to a situation in which an economy is self-sufficient and does not rely on external assistance or trade.
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Examples
- The autarkic policies of the government aimed to make the nation self-sufficient and reduce reliance on foreign goods.
- During the recession, many businesses adopted autarkic strategies to survive without external funding.
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Meaning
Autarkic describes a state of self-sufficiency, often in terms of economics or production, where a country or region can provide for its own needs without depending on imports.
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Synonyms
- Self-sufficient
- Isolated
- Independent
- Self-reliant