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Argumentative Essay On Pennies
Argumentative Essay On Pennies
Argumentative Essay On Pennies
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The penny is so close to worthless that there is a major debate on whether the penny should be kept in circulation. Keeping the penny in circulation would be mostly for those traditionalists who see this coin as history and luck. Many are working very hard to keep that piece of history from meeting its retirement. ALTHOUGH THE PENNY HAS BEEN AROUND THROUGH AN ABUNDANCE OF GENERATIONS; DEPLETING THE NATION OF THIS COIN WOULD BRING LESS HASSLE AND MORE BENEFIT. There is a side to this debate where the penny could win and stay in circulation. To start, the penny has been around for years and years and it has seemed to work for this whole time. This is true, the penny has been around and can be used still in everyday life. The turn side of this, though valid, is with systems changing is is becoming more and more rare for the penny to have a true dire need. One other strong reason to keep the penny alive would be charity. Charity relies on those people who do not necessarily care enough to keep the pennies t drop them off in the donation box. That though, has a simple solution. If the penny were no longer around nickels and dimes would begin to be the change customers and users are no longer wanting. Charity then in result …show more content…
Back in the 1900’s kids all over would be so grateful to find a penny. Doing so meant they got to run to the local candy store. William Safire, author of “Abolish the Penny” agrees with the notation of abolishing the penny. In Safire's article he makes a strong claim stating that you, “can’t buy anything with a penny any more” (Safire). Expanding on that claim, there is no point in keeping something around that is taking a resource of zinc and copper, when the resource is being wasted to the garbage. Back in the day it would be absurd to throw such a useful coin away. There is no real need for the coin so keeping it around is simply
Between 2001 and 2006, there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished.
Throughout the past decade, costs of everything have skyrocketed. According to Source C, America used to have “five and dime stores;” now its a dollar store. In addition, no one can buy anything with just a penny anymore. The source also made a fair observation that these worthless zinc disks are, “behind chair cushions or at the back of sock drawers next to your old tin-foil ball. Quarters and dimes circulated; pennies disappear because they are literally more trouble than they are worth.” According to a New York Times article, “it takes nearly a dime today to buy what a penny bought back in 1950.” The penny is still stuck in the 1950s while America just keeps moving on. As stated by Mark Lewis in his concept of establishing a bill, “the bill would not ban pennies, but merely discourage their use by establishing a system under which cash transactions would be rounded up or down.” (Source A) This motive will help keep the America exceed and
Awarded the prestigious honor to remain forever engraved on the twenty dollar bill, Andrew Jackson became a figure in American history never forgotten. Future generations of younger students will not need to know Andrew for them to assume he was a great man. Unfortunately, the ignorance of idolizing Jackson because he appears on American currency serves to blanket the realities of his administration. Jackson should be removed from the twenty dollar bill.
Do we really need pennies? The story of the penny starts in 1792; it came with several different coins including the dime, nickel, quarter, and half penny. The pennies were first made out of 100% copper, but the price of the copper went up, because of inflation, the power of the penny went down. The cause of the mint is to reduce the amount of copper in pennies first from 100% to 95% but then to 5% copper and 95% zinc. Despite the debate in 2006, the value of metal on older pennies rose over one year.
To begin, United States should not eliminate the penny because the coin has impacted our language by giving us more phrases and words. According to source #4, it states, “The one-cent has influenced our language, giving us a number of idioms, such as ‘a penny for your thoughts’ (a way to ask what someone is thinking) and ‘not one red cent’ (meaning no money at all).” This is significant because it shows that the penny has affected the English language
Have a good look at the penny, what do you see? You probably see nothing but a copper coated circular poor valued cent. Little does everyone know pennies have been around longer than before their grandparents, even their great-grandparents! Matter of fact, it was around so long ago that Abraham Lincoln’s face was not the first design on the penny. I ask that you take the time to consider the American penny’s worth. Without the people’s belief in its value, the penny will be abolished. I see people every day throwing away a penny rather than to put it in their pocket and save it for future uses. Yes a penny is "outdated, almost worthless, bothersome and wasteful" (Safire) piece of junk, but it's has an economic, cultural, and historical significance to the United States of America. The problem is that nobody pays attention to that, and that gives pennies the image of no value. Three good solutions to show the pennies worth include: tolls and vending machines accepting the coin, more charities to keep their penny drives, and historical evidence of what the penny mean to America so that it can be passed on to the future generations.
My hypothesis for the penny cleaning with the chemicals experiment was accepted. The hypothesis was; “If a penny is placed in salt and vinegar, then it will get cleaner than the other chemicals being used”. The data used from the experiment that supports the hypothesis was that the salt and vinegar chemical cleaned a penny the best it had a 90 out of 100.
The penny has been in America for centuries, it's a sentimental object for Americans everywhere. However many have debated on whether or not it should be eliminated or continue being made. The penny should be preserved because it is apart of American culture, given to charity, and keeps items cheap.
For instance, in the article “Abolish the Penny (Source 3)”, it clearly states, “Where do they go? Two-thirds of them immediately drop out of circulation, into piggy banks or –as The Time’s John Tierney noted five years ago –behind chair cushions or at the back of sock drawers next to your old tin-foil ball.” Adding on, many people view the penny as a useless currency, and they even leave it in hidden places around their own home. The reason why pennies are sometimes located in piggy banks or at the back of sock drawers is that citizens see no purpose in obtaining them. In other words, it seems as if the penny has lost its fame and glory ever since other forms of currency have been established, such as quarters, dimes, and dollar bills. As explained by William Safire, quarters and dimes seem to circulate more often than pennies, and pennies “disappear” due to their worthless value and troubles. Specifically, the reign of quarters and dimes has overtaken the significance of pennies, and as time passes by, the term “penny” might not even be mentioned anywhere around the United States. In addition, more people nowadays tend to use quarters and dimes for due change, leaving the penny to become less essential for our needs. As stated in Source 3, the British and French have already abandoned their low-value coins approximately 30 years ago. This demonstrates the probable
By many aspects the one dollar note will just be a symbol of America and the American wealth, however we will see that it can convey way more than that. First and foremost, the one dollar note, is something judged to be common knowledge, everybody can approximately see what it looks like and they will not look in depth of what can be one of the most symbolic items of the United States of America. First printed in 1863, the dollar note was here to represent an abstract, yet know by everyone, money. Before then, coins were just the symbolic way of representing money.
In today's century pennies has no purchasing power,pennies are useless and should be abolished.Pennies are not worth the same amount as they did before. Pennies are made out of copper,but if we use the copper for a more valuable coin that could be utilized,states will get rich and have a beneficial in the economy."Arizona is rich in copper...bigger percantage of the large-denomination coins that might be more heavily used it the penny were discontinue."(Source A) If pennies would be "discountinue" the states that have copper would make coins that are in use and beneficial for the people.For example, quarters,dimes,and nickels are worth more than a penny and are in use and acceptable in stores or even vending machines.Making,"A system under which cash transactions would be rounded up and down"(Source A) would be an advantage for the United States.This is a system that would help the stores by not wasting time counting pennies.When,"replacing paper dollars with long-lasting $1 coins"(Source A) would benifit the economy by making dollar coins which will be more beneficial than an ordinary penny.
The penny has very little worth for people now days. The military won't ship pennies because they cost to much and it wouldn't be worth it. (Mancuso). There would be no profit if they were to ship pennies. The penny takes up too much space and ends up taking up a lot of room on our dressers. (Sommer). The penny is worth so little most people don't feel the need to carry around a bunch of coins. Time wasted counting pennies could add up to over $700 million per year nationwide. (Mancuso). We waste to much time with
The penny that has been in circulation since the 1700’s should not be done away with. The first reason being that greed is a motive for some. Second, the penny is very important to our nation's history. and third, although being under constant pressure and criticism from people like William Safire, the penny is still popular with a majority of citizens, and most of the info on pennies is false.
In the present day, the world's economy is ever-changing and adjusting. Many different reasons control the reasons for this. The future of currency is something that can only be predicted and is not guaranteed. However, there are many determing factors behind the changes that can take place. Asia and North America are two continents that have economies that have recently changed or are in the midst of change.
Adam Smith wrote in his masterpiece, the wealth of nations, “It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter, and exchange one thing for another” (Smith, 2005). This propensity in human nature led to the development of currency – a medium of exchange accepted by a community of people. For centuries, gold and silver were used around the world as currency; in 1834 the United States, formerly on a bimetallic standard, converted to a gold de facto standard. This policy made it so the dollar was backed by gold at a ratio of $20.67 per ounce. The Gold standard was used until August 15, 1971 when President Richard Nixon