What term describes a closed economy striving for total self-sufficiency?

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Explanation

Autarky refers to an economic system where a country attempts to be completely self-reliant, minimizing or eliminating dependence on international trade. It is distinct from terms like amortization (which relates to loan repayment) or command/planned economies (which relate to government control of resources but not necessarily self-sufficiency).

What term describes a closed economy striving for to… — Agricultural economics | PakQuizHub