Definitions
Autarky is a noun that refers to a policy of economic self-sufficiency, where a country tries to produce everything it needs without importing goods or services from other countries.
Example
The country's autarky policy led to a shortage of goods.
Example
The government's autarky policy was intended to protect the local industry.
Autarchy is a noun that refers to a form of government in which one person has absolute power and authority over a state or a nation.
Example
The king ruled the country with autarchy.
Example
The dictator's autarchy led to the oppression of the people.
Tips To Remember the Differences
Here are a few tips to easily distinguish the difference between these words while keeping in mind the description we've provided:
- To remember the difference between these two words, you can associate autarky with economic self-sufficiency, as both words contain the letter 'k', which can stand for 'keep' or 'keep it local'. - For autarchy, you can associate it with 'authority' or 'absolute power', as both words contain the letter 'c', which can stand for 'control' or 'command'.
Remember this!
Remember, autarky refers to economic self-sufficiency, while autarchy refers to absolute power or authority.