autarky

Definitions

Economics

  • The situation of not engaging in international trade; self-sufficiency. (Not to be confused with "autarchy," which in at least some dictionaries is a political term rather than an economic one, and means absolute rule or power.)

Health Economics

  • (written as Autarky)
    The state of a non-trading economy or individual. Self-sufficiency. A Latinate derivative not to be confused with the Greek derivative 'autarchy', which means 'despotism'.

Politics

  • noun the situation where a state can provide all it needs without outside help
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