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    The united states money system has been in action for hundreds of years now. Adding new bills and coins up until now. Many of these cost lots of money to produce, however, are a popular bill or coin so they are needed. The penny or the 1 cent piece has become a financial problem to produce and distribute. I am against the continued production of pennies because It cost twice as much as its worth to produce, they waste a lot of time being counted, and carrying around these heavy coins isn't worth…

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    Are Pennies Worthless

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    Pennies are worthless. No one ever uses them unless it’s to throw at their siblings. The penny costs more than it's worth to produce, let alone to distribute and count. there are already places (like the military) who have stopped wasting their time trying to distribute and count out thousands of pennies each day. Hera are just a few reasons you should get rid of the penny. You might think that the penny is worth something because of how long we’ve had it. Maybe you even think that pennies are…

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    years, and there had been many changes to it as the society grew. People were dissatisfied with its looks, the way they took up too much space and resources, and the worth of the coins. However, I think now is a good time to put an end to this one-cent coin, not just to put forth more modifications. The reasons had grown much too large and strong— pennies cost more to produce than it is actually worth, they hurt our environment, and they take up too much space and time. Even Canada has…

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    as nickels and quarters also costs a greater amount to distribute, so why are pennies the outlier? In the United States, it costs 2.41 cents to produce and distribute a penny, which may seem pretty expensive. However, in source #1, the author reveals that nickels too cost more than their worth, meaning that pennies aren’t the only ones. “Each nickel costs 11.18 cents to produce and distribute, the mint says, at a loss to taxpayers of $56.5 million in the last fiscal year.” Likewise, why not get…

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    Many people are thinking about getting rid of the penny. People often times see pennies as useless and annoying. People can no longer buy anything with a penny as prices have increased over the years. Pennies are often times more frustrating to others than nickels, dimes, and quarters. Those who have a higher income are for getting rid of the penny, and those who make a lower income want to keep the penny. The penny can be seen as useless, outdated, others would like to see it stay, and others…

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    Penny Synthesis Essay

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    smallest value---only one cent. Recently, many have been discussing getting rid of the penny. It’s a waste of money and materials to produce and they’re easily forgotten more often than used. After much deliberation, I can conclude that penny is insignificant to our economic system and getting rid of it would benefit the United States’ economy. Interestingly, the penny actually costs more to produce than it is worth. According to Source #1, each penny costs about 2.41 cents to produce (Source…

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    The penny has been around for over 200 years and has made it through history as the one cent coin. Over time it has a limited use and most of the time it is laying around lose in people’s pockets. Many people feel that the penny is necessary for keepsake purposes and to honor Abraham Lincoln. The Penny has had its highs and lows throughout its existence, but the single cent value seems to be lost in people's wallets and purses. The penny should be abolished because it is impractical in everyday…

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    with no consequences. Without enforced laws the people that are truly punished are those that abide by their own code of ethics. If a company had to spend fifty cents per a product or could only spend five cents for that same quality product which would they pick? That 's easy, it would be the five cent product. But what if that five cent product was produced by people forced into slavery? At least a portion of people would rather have the major increase in profits if they were never held liable…

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    Penny Lab

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    Introduction: For this lab, the two main topics are surface tension and pennies. Pennies are a part of the US currency, which holds a value of one cent. They were mostly made by copper until 1982 when the government realized the expenses of using copper; thus, the composition was changed to 97.5% zinc and 2.5% copper or copper plated zinc. It has a diameter of 19.05 mm and a thickness of 1.52 mm and is forged using four procedures: Blanking, Annealing, Upsetting, and Striking. The design of the…

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    Penny History

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    that the United States used, there existed a coin known as the half-cent which as it suggests was worth half of a penny. The half-cent was discontinued for being worth too little which in the present day can be connected to the penny, which is worth less than far too little. In fact, in an ideal world the penny would have disappeared completely in 2006 where…

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