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Why we should get rid of pennies essay
Why we should get rid of pennies essay
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More handpicked essays just for you.
Why we should get rid of pennies essay
Why we should get rid of pennies essay
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Why we should get rid of pennies essay
The penny has been used in many day to day scenarios and is recognized throughout history and even dates back to the Frankish Empire. However, many people see the penny as useless and not cost-effective. The reasoning behind this thinking is that the penny cost more to produce than its actual value, and they take up too much space and time. The cost of pennies is causing a lot of unwanted debt due to pricing for the materials.
The penny serves as a testament to our past and remind us of the influential Lincoln that paved the way for modern society. It is unpatriotic and economically inefficient to abolish the penny as it is
That is why I am supporting the retirement of the pennies. With me supporting the retirement of the penny I have some evidence on why the penny should be retired. One piece I have is in the article it states that it costs 11 million dollars to make pennies in other countries. That it is a lot of money being used even though the penny doesn’t really get used, it just gets pushed to the side and never gets used. They could be doing more with the 11 million dollars.
Are pennies worth minting? Many people believe they’re a waste of money, but some people believe that they’re still worth minting. Pennies should not be minted for many reasons such as, the penny costs more money to make then the penny has in value. Another reason is that pennies are a severe waste in time such as people often pay with pennies as a practical joke, which means hard working employees often have to spend the time to count those pennies. The final reason is because the penny is losing the government money.
For many years people have been fighting to eliminate pennies for many reasons. One of the most popular reasons to eliminate pennies is that pennies cost more to produce than the actual worth of the penny. “The united States government lost $60.2 million on production and distribution of pennies in 2011,” (Sommer) wrote, source #1. (Sommer) also wrote that Each zinc and copper coin cost 2.41 cents to produce and distribute”. Meanwhile a penny is only worth 1 cent.
This shows that the penny is a part of U.S history and will cause many problems if they stop making them. Additionally in source 4, it is stated “This system would be extremely confusing
Do you know what cost more to make then what is worth,cost taxpayers millions each year to produce and is a hide waste of time? Well it's the penny. For many years the United States have been debated whether or not they should discontinue the penny. They should stop production of the penny because it cost too much to make, it's very time consuming and many Americans are ready to make away from the one cent. Now let me tell you all I the reasons.
To Ban Or Not To Ban? That Is The Question? “Although Of Mice and Men is a literary classic, it is also a frequently banned book in many schools and libraries in the United States. This book has been either banned or challenged for over twenty years from a variety of different schools and libraries.
One reason why I'm against the ban is the government shouldn't be the ones making decisions for us. For example, in "Ban the Ban" by SidneyAnne Stone, she stated that "People might think it is not important because it is just soda but it is so much more than that—it is about freedom and the
The complete waste of time and money spent producing these pennies just to be forgotten in the couch cushions is astounding. If every penny is 1.8 cents to produce than the government is giving away 800 million USD every single year. The same article says, “...10 million new useless items punched out by government workers who could be more usefully employed tracking counterfeiters.” In other words, the government isn’t only wasting money on penny production but, also a working staff. U.S. currency could be more protected if it wasn’t for the pesky penny.
Off with the Head The penny is one of America 's most iconic coins, but yet people toss them once in their possession. Most thoughts about the penny are more negative than positive. Lewis, Mark’s passage (Source A) shows the reason is has not been banned yet. Kahn, Ric’s passage (Source B) explains the penny was only good in its prime, and now is wasting our time.
The equivilent of roughly 0.18 trillion USD is spent around the world on an average day. Almost everyone in the world will, at some point in their life, experience handling cash. Given that paper is a relatively cheap commodoty, a logical question people ask themselves
So why do we still have it? The penny is outdated and unnecessary. The penny costs an irrational amount of money compared to what it's worth. The penny, a one cent coin, costs 2.41 cents to make, which is nearly 1.5 times what it's worth (source 1). That means that annually, the United States loses 60 million dollars in pennies every year!
The density of the penny was 4.68 g/cm3 before the experiment and 4.43 g/cm3 at the end of the experiment. The density of gold, though, is 19.3 g/cm3. Since the densities of the penny and the gold are different, the penny clearly did not change into another element. The gold color of the penny was a result of the flame that it was held above melting the zinc that it was coated in with the original bronze colored coating of the penny, creating an alloy with a shiny yellow color. Since neither of the pennies, silver colored or gold, changed densities throughout the experiment and each retained their own properties; the properties of copper; no new elements were
Alan S. Blinder presents in this article, “Abolishing the Penny Makes Good Sense” argues that the penny should be abolished because the penny is just a waste. Blinder supports his argument by listing and describing several problems that the penny causes. The authors purpose is to persuade the reader to agree with him to get rid of the penny so that the congress would not be wasting so much money into a penny. The author writes in formal tone for a neutral audience because it is not direct nor indirect to anyone in particular.