Newark Liberty International Airport (IATA: EWR, ICAO: KEWR), formerly known as Newark International Airport, is an international airport within the city limits of both Newark and Elizabeth, New Jersey, United States. It is about 15 miles (24km) south west of Midtown Manhattan.
Dealing with finances is a key element of home economics. Understanding concepts such as debt, credit, loaning, interest rates and so on are important to having a healthy economic home. Life skills such as making a budget, keeping financial records and making frugal purchasing choices are all part of this subject area.
Mercantilism refers to an economic idea that a country or an economy will be better off both economically and socially if it has a positive trade balance (the value of goods that are exported are greater than the value of goods which are imported) and by doing this it will accumulate large monetary reserves.