noun
- Plural of autarky; the state of being self-sufficient and independent, especially of a nation that aims to be economically self-reliant.
Usage: Often used in political economy and international relations contexts.; Can refer to individual self-sufficiency as well as national policy.
Examples
- Several countries pursued autarkies during the economic crisis to reduce their dependence on imports.
- The island nation's autarkies policy aimed to produce all essential goods domestically.
- Economists debated whether complete autarkies was realistic in a globalized world.
- The government promoted agricultural autarkies to strengthen food security.
- Historical autarkies movements often led to reduced trade and economic isolation.