Many believe the penny should be preserved and in which it should. The penny is part of American history and plays a big role in currency. The penny should be preserved because even the smallest amount of money and make something bigger than its own worth. Pennies may be historical but they also save customers and shop owners from awkward and confusing moments. According to the text it states, “In truth, it is more than a coin—it is a piece of American culture.” This means that it it is not just a penny but a piece of history. This supports that pennies should be preserved because pennies play role even in history as they do today. In addition it states, “Without pennies, people would be forced to round everything up to the nearest nickel.
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The text states, “if the United States eliminates the penny, charities will suffer because people will pay more at the store and feel they have less to give those in need.” This means that people will not have anything to give to those who need it and instead spend more in stores. This supports why preserving pennies is important because it could leave a huge impact on those who need it the most. In addition, the text also states, “Pennies might be a little bulky, but they add up—moreover, because they are worth so little, people don't mind donating them.” This means that pennies are an importance to others even if the cost so little. This supports why pennies should be preserved because their little value gives the penny’s owner the intention to give it to donations and without that intention donations will suffer. Penny’s little value can be important maybe not to some but to others it makes a big …show more content…
From the text it states, “Because the penny costs more than a cent to produce, the Treasury loses more than $100 million per year on the coin's production.” From this they would think that making pennies just ends up taking money from the U.S. Treasury. They are wrong because when you collect all these pennies together they would most likely make more than the Treasury itself. Also states in the text, “If someone engages in two such transactions per day, over a year they would lose $18.25 compared with the person given their pennies. That cost is significantly less than the $50 a year in time wasted for each person, in addition to the $100 million per year lost to the U.S. Treasury.” From the text they would believe it is not worth collecting and counting pennies than it is having pennies. They would be wrong because in a fundraiser have all the time and all these pennies collected could make enough money for the fundraiser’s needs. Others may think pennies are just a waste of time and money but they are important enough to make something
The text states, “if the United States eliminates the penny, charities will suffer because people will pay more at the store and feel they have less to give those in need.” This means that people will not have anything to give to those who need it and instead spend more in stores. This supports why preserving pennies is important because it could leave a huge impact on those who need it the most. In addition, the text also states, “Pennies might be a little bulky, but they add up—moreover, because they are worth so little, people don't mind donating them.” This means that pennies are an importance to others even if the cost so little. This supports why pennies should be preserved because their little value gives the penny’s owner the intention to give it to donations and without that intention donations will suffer. Penny’s little value can be important maybe not to some but to others it makes a big …show more content…
From the text it states, “Because the penny costs more than a cent to produce, the Treasury loses more than $100 million per year on the coin's production.” From this they would think that making pennies just ends up taking money from the U.S. Treasury. They are wrong because when you collect all these pennies together they would most likely make more than the Treasury itself. Also states in the text, “If someone engages in two such transactions per day, over a year they would lose $18.25 compared with the person given their pennies. That cost is significantly less than the $50 a year in time wasted for each person, in addition to the $100 million per year lost to the U.S. Treasury.” From the text they would believe it is not worth collecting and counting pennies than it is having pennies. They would be wrong because in a fundraiser have all the time and all these pennies collected could make enough money for the fundraiser’s needs. Others may think pennies are just a waste of time and money but they are important enough to make something