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Autarky facts for kids

Kids Encyclopedia Facts

Autarky is an economy that does no trade with the outside world. It is called a self-sufficient economy or a closed economy too. It does not need any other countries or regions helping.

Autarky is rare in the modern world. An example of a currently run autarky is North Korea, but even it makes a small amount trade between some countries, like China and Japan.

See also

Kids robot.svg In Spanish: Autarquía para niños

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Autarky Facts for Kids. Kiddle Encyclopedia.