How often in your everyday life use the penny? The United States government is debating on whether they should continue making pennies or if they should lay it to rest. Many people believe the penny should stay while others think it should be abolished. I believe the penny should not continue to be manufactured because they cost too much, they take up too much space, and the penny isn’t worth enough to keep. I believe the penny should be eliminated because it costs too much. Each penny…
that define the way the individual feels about money compared to another individual whose culture and social structure is completely different. Concepts like these define how the individual behaves whether that is rational or un-rational. Zelizer states “individuals behave as rational participants in market transaction, making distinction only of price and quantity, a dispassionate sphere where all monies are alike”(4). Through Zelizer’s empirical study she has been able to discover that…
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…
the coins that the U.S. Mint produces every year are pennies. Look how much money we are wasting! I think that annihilating pennies would benefit the people of the United States and moreover protect the environment. Eliminating the penny has many advantages that can maybe help you one day! Let’s work together to convince the United States Government to eliminate pennies! First off, I think we should annihilate the penny because pennies harm the environment. Have you heard the news…
quarter, and 100 a dollar. Is it practical for society to pay the price of something so small in value that one cent is all that it is worth? Due to the small amount and worth, The cost to make a penny compared to how much it is valued, and the fact that these days, credit and/or debit cards have becoming increasingly popular limiting the use of change and even cash, pennies are an additional burden that the US does not need to be carrying. The penny has been used in the United States of…
Exports to the U.S. stayed down by “79 percentage points (by value) in 2009 and by 30 percentage points in 2010” (Pork, M), when less than “2 per cent of total Manitoba pork exports” (Pork, M) went to United States. In the year of 2012, exports sent to the United States increased to almost “25.02 per cent of the total value” (Pork, M). “Japan is Manitoba’s largest and most profitable pork market” (Pork, M) by far. Over“41 per cent of Manitoba pork exports (by value) and 26.1 per cent…
“That will be two dollars, ninety-nine cents, please.” For American consumers, this is a phrase heard quite often. The purchaser will proceed to pull three dollars out of their wallet to receive a shiny penny back. Although currently the lowest denomination coin of the U.S. currency, the penny has a long and illustrious history. With this in mind, one cannot help but wonder why anyone would even consider eliminating the penny. It may seem that the penny is worthless, a waste of time, and…
caught in this loop of whether we should the penny or not.the penny is a copper coin that has been around the united states for a long time.It's about we get rid of the penny because it cost is not good other countries have and because many people have lost interest in the pennies. First you should eliminate pennies because of how much it costs to make and distribute.First in source two it states that the us government lost a massive 60.2 million…
The penny is a coin which is often disregarded by Americans. With the penny only being worth one cent, it is difficult to believe that production of this coin results in $132,000,000 in losses annually. This, however, is a true fact which is negatively impacting the pockets of American citizens. Considering the major loss of producing this cent, it would benefit America to overall discontinue producing this coin. Pennies are only worth one cent, yet, based on research from 2014 Annual Report…
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 worth. Jeff Sommer wrote, "In the United States, the mint says, each zinc and copper coin costs 2.41 cents to produce and it distribute." (Penny…