| | | | | |

Autarchy

Synonyms

Definition

Meaning :

Autarchy refers to a political and economic system where a nation or state is self-sufficient and relies on its own resources, minimizing external dependencies. In an autarchic system, the government seeks to control all aspects of production, distribution, and consumption, aiming to reduce reliance on foreign trade. This approach is often driven by a desire for economic independence, strategic security, or ideological reasons. While autarchy can provide a degree of stability, it may also lead to inefficiencies and isolation from global economic developments. The concept has been implemented at various times in history, with mixed results depending on the specific circumstances.

Example sentences

The government's pursuit of autarchy resulted in strict controls over imports and exports.

The leader justified autarchy as a means to safeguard national interests and reduce vulnerability to global economic fluctuations.

Despite criticism, the government persisted in its pursuit of autarchy, limiting foreign economic ties.

The regime's autarchic policies led to shortages of essential goods as international trade was severely restricted.

Over time, the drawbacks of autarchy became evident, prompting a shift towards a more open and interconnected economy.

daily one word

vocabulary

newword

It is a temporary solution or measure that can be used to address an immediate problem or need. It's like a temporary fix until a more permanent solution can be found or implemented. It's often used in situations where a quick resolution is necessary to prevent further issues or to buy time until a better solution can be developed. It helps to bridge the gap until a more permanent solution is available.

Lament

The act of lamenting Is a deeply human experience that transcends cultures and time periods. It allows individuals to acknowledge and work through their feelings of sadness, regret, or loss, ultimately leading to healing and a sense of catharsis.

Promenade

A promenade is a leisurely walk or stroll, often taken in public spaces like parks or waterfronts for pleasure and social interaction. It symbolizes social equity by allowing people of all classes to mingle in a shared space. Promenades provide a respite from daily life, granting individuals the opportunity to enjoy their surroundings. The concept also metaphorically represents life's journey, where one's probity—integrity and moral conduct—is on display, highlighting the communal values of respect and unity.

Conclusion

A conclusion is the final part of a piece of writing or speech that synthesizes and reinforces the main ideas, providing a cohesive closure. It restates the thesis in light of the evidence presented and highlights the work's significance, implications, and potential future directions. Effective conclusions also aim to leave a memorable impression, often linking back to the introduction and suggesting broader relevance or a call to action.

Subvention

Overall, subventions play a crucial role in supporting a wide range of endeavors, from scientific research to artistic endeavors, by providing the necessary financial backing. They help ensure that important projects and causes can continue to make a positive impact on society.

Autarchy

Related articles