Question

What would you introduce as a symbol of self sufficiency and independence

Answer 1

Answer:

A self-sufficient and independent economy does not trade with other countries because it can produce its goods and services using its natural resources, sustainable agriculture, and renewable energy

Explanation:

Self-sufficiency enables a country to be economically independent and stands on its own feet. In the context of a self-sufficient economy, the factors of production utilize the country’s natural resources and labor to produce goods and services that can satisfy consumer needs, and improve the living standards of the people. Furthermore, a self-sufficient national economy guarantees equality in economic affairs, sovereignty, and stable international relations

Answer 2

Symbol of self sufficiency and independence

Explanation:

A country can be regarded as self sufficient and independent if it fulfills the basic needs of it's members and rely on the internal resources for growth of the economy. following symbols are representative of self sufficiency and independence of an economy-

• adequate production of food grains as well as cash crops.
• advanced and well developed industrial sector so that imports of finished goods is minimized
• well developed physical infrastructure like transportation, communication system to support industrial and agricultural growth
• well established social infrastructure including education etc to boost the economic advancement.
• minimum import so that dependency on other nations can be minimized.

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Symbol of self sufficiency and independence of a country.

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