This multitude of currencies created confusion and was slow to be rolled out across the nation, rendering some people completely cashless and broke until they had access to a bank to exchange their Zimbabwe dollars into whichever currency they required. However, an unpredicted consequence of this was the mass outflow of every currency since Zimbabweans could not buy the necessary commodities and goods in a domestic market and had to instead turn to the international…
Firstly, I added the Union Jack as a faded full flag. I added it as without the United Kingdom, Canada would not exist in the form it does today. As it is today however, Canada lives without leadership from the United Kingdom, but they still are connected through the British Commonwealth. The Canadians I found the Union Jack significant enough to have it fill the entire flag, but keep it as a fade to prioritize the Canadian aspect of the Canadian flag. Secondly, I added the two known Aboriginal…
well more than a cent to make a penny. The solution, in my view, is to get rid of the penny." This means that the penny costs more to make than they are worth. The materials that are used in the penny are expensive and taxpayers lost millions of dollars for the production of the penny. The production of pennies should be eliminated throughout the United States. It is a big part of American history, but they cost too much to produce. For a start, pennies cost more than they are actually…
The Life Story of the Ten Dollar Bill It’s a windy spring day and you have decided to buy an ice cream cone. As the employee at the ice cream cart scoops your chocolate ice cream, you search through your purse to find money that will pay for your tasty treat. The smallest bill you have is a ten dollar bill. As you pull it out of your purse, the wind takes the money out of your hand. You chase it and finally get close enough to stomp your foot on top to stop the wild chase. As you pull it…
People think the penny should not be made anymore. I am against this, and the penny is worth a lot and there are facts to prove this.The sources that the penny should still be made is the every changing penny by maria story and Give a penny save the ay by Ted waterhouse. The penny should still be made and there are many sources to state that the penny should still be made. First of all, the penny is apart of American culture.According to the every changing penny by Maria story it states. “The…
Standing in line and waiting for the little old lady at the front to fish the $3.62 out of her purse and hand it to the cashier is completely a waste of time, especially since exact change is a nearly impossible feat in today’s economy. Rarely would one get a total of $10.00, more common are prices like $9.34 and other inconvenient numbers. Pennies are the smallest form of U.S. Currency and are worth $0.01, or one cent. The question arises, is the penny even worth using? We should eliminate the…
Ban the Penny It's supposed to be good luck to find a penny and pick it up but it won't make you wealthy. According to a stat from MoneyCrashers.com if you pick up a penny taking five seconds you would earn $7.20 an hour which is under minimum wage. That just goes to show how useless pennies are. We have wasted time, effort, and our economy on pennies. And all they do is just weigh down your pocket. It is common knowledge that pennies are more expensive to produce than they are worth.…
government. Ultimately, pennies have little practicality in the modern world and are of increasing consequence to the American economy. Some people, like Edmond Knowles, may advocate for the saving of pennies. Knowles has saved an average of 328.5 dollars a year (based on his own estimate that he saves 90 pennies…
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…
Problem and solution in Zimbabwe Introduction Inflation refers to rise or increase in prices and fall in the purchasing of the value of money. A problem tends to affect many countries worldwide. Among the countries that have been affected by this crisis, Zimbabwe is one of them. The problem always plunges many countries into long seasons of instability. It is one of the countries facing the problem of inflation for a longer period. The problem of inflation in Zimbabwe came because of bad…