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Autarky

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Autarky (Closed Economy*) vs. FreeTrade: Definitions, Explanation/Comparison and Examples

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Autarky

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What is AUTARKY? What does AUTARKY mean? AUTARKY meaning, definition & explanation

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Germany - Nazi Economy

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Life in Autarky

Autarky is the quality of being self-sufficient. Usually the term is applied to political states or their economic systems. Autarky exists whenever an entity can survive or continue its activities without external assistance or international trade. If a self-sufficient economy also refuses all trade with the outside world then it is called a closed economy.
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