autarky

[aw-tahr-kee]
noun, plural autarkies.
1.
the condition of self-sufficiency, especially economic, as applied to a nation.
2.
a national policy of economic independence.
Also, autarchy.


Origin:
1610–20; < Greek autárkeia, equivalent to aut- aut- + arke- suffice + -ia -ia

autarkic, autarkical, adjective
autarkically, adverb
autarkist, noun
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World English Dictionary
autarky (ˈɔːtɑːkɪ)
 
n , pl -kies
1.  (esp of a political unit) a system or policy of economic self-sufficiency aimed at removing the need for imports
2.  an economically self-sufficient country
 
[C17: from Greek autarkeia, from autarkēs self-sufficient, from auto- + arkein to suffice]
 
au'tarkic
 
adj
 
'autarkist
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

autarky
1610s, "self-sufficiency," from Gk. autarkeia, from autarkes "self-sufficient, having enough, independent of others" (also used of countries), from autos "self" + arkein "to ward off, keep off," also "to be strong enough, sufficient," from PIE base *ark- "to hold, contain, guard" (see
arcane). From a different Gk. source than autarchy, and thus the spelling. As a term in international economics, prominent late 1930s.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
At one extreme, the linkage is absent and the markets are autarkic.
And autarkic models of development have huge flaws too.
Deng realized that an autarkic socialist economy could not deliver prosperity.
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