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.
Some characteristics of a traditional economy are: 1. Goes by religious beliefs and history. 2. Do not change a lot 3. Basic technologies 4. Use minimum technologies 5. Barter/Trade 6. Everyone has a certain role 7. People only use/supply what they need most of the time 8. Large relation to poverty 9. Under developed