Cent

Middle School hosted a penny drive for charity. They raised over 3,000 dollars in just one week (source 3). Even though the penny is only worth one cent they can still add up. As Washington Middle School found out 3,000 dollars is a lot. All that money can really change a person's…

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…

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…

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…

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…

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…

Sommer, in “Penny Wise, or 2.4 Cents Foolish?,” says, “Taxpayers lost $60.2 million on the production and distribution of pennies in recent years,”(Source 1). The one cent may not be a lot, even when added together, but we still…

the end of this paragraph I hope you are for the penny because of how important it is to the U.S.A If we get rid of the penny prices will go up. For example if cookies were 97 cents, the prices would go up from 97 cents to a dollar because you won't have the exact change because of no pennys. The cost of the penny is 1.7 cents more than what the penny was worth but if we changed the…

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…

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…