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Autarky means economic self-sufficiency. Throughout World War 2 Germany had major problems with food, oil, rubber and several metals, as these commodities could not be imported. The Nazi regime spent vast sums of money on industrial plants for producing substitutes, especially oil from coal.

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What was the British policy towards Nazi Germany before their invasion of Poland?

Appeasement.


What was the Nazi foreign policy guided by?

That people belived Hitler and started to hate Jews


What were the Nazi Parties sectors?

The Nazi Party, led by Adolf Hitler, had several key sectors that contributed to its overall structure and function. These included the political sector, which focused on governance and legislation; the military sector, represented by organizations like the SA (Sturmabteilung) and SS (Schutzstaffel), which enforced party ideology and maintained order; and the propaganda sector, led by figures like Joseph Goebbels, which aimed to manipulate public opinion and promote Nazi ideology. Additionally, the economic sector sought to control and manage the German economy to align with Nazi goals, including rearmament and autarky.


What event in 1938 marked a significant escalation in the Nazi policy of persecution against Jews?

Kristallnacht


How stable is North Korea's economy?

North Korea practices a trade policy of autarky, which is defined as being completely self-sufficient, as a country, in the production of goods and services. North Korea is a perfect example of why attempting autarky in a modern economy is completely nonsensical. No country can provide all of the types of raw materials and foodstuffs necessary to sustain the levels of population and industrial production prevalent in any modern society. As a result of autarky, the country remains in grinding poverty.As a result of autarky, North Korea's economy is incredibly stable, meaning that it does not have large rises or falls. Rises and falls in an economy usually come from investment, speculation, international trade spikes, fads, and entrepreneurship. Since North Korea has none of these things, its economy does not fluctuate. However, this stability is undesirable since it is consistent poverty with no chance for improvement.

Related Questions

What was the German policy called that made Germany self-sufficient?

Autarky is the word that you are looking for.


Is it possible for a country to avoid economic interdependence?

Is it possible?YES. The idea of maintaining complete self-sufficiency in goods and services within one country is called AUTARKY and is a policy that has been practiced by a number of countries historically.Is it good policy?NO. One of the few countries that practices autarky today is North Korea. North Korea is a perfect example of why attempting autarky in a modern economy is completely nonsensical. No country can provide all of the types of raw materials and foodstuffs necessary to sustain the levels of population and industrial production prevalent in any modern society. As a result of autarky, the country remains in grinding poverty.


What is the meaning of food autarky?

Autarky is the art of creating food alternatives.


What is autarky?

autarky: is an economy that is self -sufficient that does not take part in international trade.


What was the autarky all about?

Autarky is a policy of economic independence. It is a term that has fallen into disuse except when referring to historical circumstances, especially in the interwar and war years.In the case of Italy:On 23 March 1936, Mussolini announced the policy of autarky, which became the fascist response to the economic sanctions imposed by the League of Nations for Italy's transgression in Ethiopia.Autarky (from the Greek autarkeia, or "self-sufficiency,") would become the ideological bulwark of the nationalist and militaristic efforts of Fascist Italy (and countless other countries) for economic independence.


What was the nazi resettlement policy?

Check out primetimedeion23


What is the definition of 'autarky'?

Autarky' is a noun, and it means the state of economic independence or self sufficiency. Alternatively, it can mean a country or society that displays qualities of economic independence.


Great Britain reacted to early Nazi aggression with a policy of?

appeasement.


What is the German name for the Nazi foreign policy of living space?

Lebensraum


What was the British policy towards Nazi Germany before their invasion of Poland?

Appeasement.


What was the Nazi foreign policy guided by?

That people belived Hitler and started to hate Jews


What were the Nazi Parties sectors?

The Nazi Party, led by Adolf Hitler, had several key sectors that contributed to its overall structure and function. These included the political sector, which focused on governance and legislation; the military sector, represented by organizations like the SA (Sturmabteilung) and SS (Schutzstaffel), which enforced party ideology and maintained order; and the propaganda sector, led by figures like Joseph Goebbels, which aimed to manipulate public opinion and promote Nazi ideology. Additionally, the economic sector sought to control and manage the German economy to align with Nazi goals, including rearmament and autarky.