Autarky

Examples of Autarky in the following topics:

• Understanding Production Possibilities

  • This shows that in a free trade system, the absolute quantity of goods available for consumption is higher than the quantity available under autarky.

• Origins of the Cold War

  • Differences in the political and economic systems of Western democracies and the Soviet Union—socialism versus capitalism, economic autarky versus free trade, state planning versus private enterprise—became simplified and refined in national ideologies to represent two ways of life.