autarky (english) - meaning, definition, translation, pronunciation

Part of Speech

Noun

Phonetic Transcription

/ɔːˈtɑːr.ki/

Meaning and Usage

Autarky refers to an economic system where a country or entity relies on itself to produce all necessary goods and services, minimizing or eliminating the need for imports. It is often associated with economic independence and self-sufficiency, and the concept is central in discussions about trade policies and economic strategies. The term is not commonly used in everyday language but may arise in specific contexts relating to economics, political science, or historical discussions about national economies.

Frequency of Use: The term "autarky" is more often found in written contexts, particularly in academic papers, books, and economic analyses, rather than in everyday conversation.

Example Sentences

1. "The nation's decision to pursue autarky was rooted in its desire for economic independence."

2. "La decisión de la nación de seguir la autarquía se basaba en su deseo de independencia económica."

3. "During the economic crisis, some countries considered autarky as a viable option."

4. "Durante la crisis económica, algunos países consideraron la autarquía como una opción viable."

5. "The concept of autarky has been debated among economists for decades."

6. "El concepto de autarquía ha sido debatido entre economistas durante décadas."

Idiomatic Expressions

While "autarky" is not commonly used in idiomatic expressions, its implications can be reflected in discussions about self-sufficiency and independence. Here are some phrases that relate to the broader concept of self-reliance:

1. Self-made man: Refers to someone who has achieved success on their own, without external assistance.
2. "He is a true self-made man, embodying the spirit of autarky in his business endeavors."

3. "Él es un verdadero hombre hecho a sí mismo, encarnando el espíritu de la autarquía en sus esfuerzos empresariales."

4. Cut one's own path: To follow an independent course of action.

5. "By choosing autarky, she decided to cut her own path in the competitive market."

6. "Al elegir la autarquía, decidió forjar su propio camino en el mercado competitivo."

7. Stand on one’s own two feet: To be self-sufficient.

8. "The country aims to stand on its own two feet through autarky."
9. "El país aspira a mantenerse en pie por sí mismo a través de la autarquía."

Etymology

The word "autarky" derives from the Greek "autarkeia," which is composed of two parts: "auto-" meaning "self" and "arkein" meaning "to be strong or sufficient." The term has evolved through its usage in various economic theories over time.

Synonyms and Antonyms

Synonyms: - Self-sufficiency - Economic independence - Autonomy

Antonyms: - Dependence - Import reliance - Global trade dependence