AUTARKY


Meaning of AUTARKY in English

ˈȯˌtärkē, -tȧk-, -ki sometimes ˈȯd.ə(r)k- or ˈȯtə- noun

( -es )

Etymology: modification of German autarkie, from Greek autarkeia personal self-sufficiency, from autarkēs self-sufficient + -ia -y

1. : self-sufficiency , independence ; specifically : national economic self-sufficiency and independence

under a system of autarky , trade between countries dwindled to almost nothing

2. : a policy of establishing a national economy that is completely self-sufficient and independent of imports from other countries

3. : an economically independent and self-sufficient region or nation

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.