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US penny history
US penny history
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The penny can be used in different metals or anything like that. If the price of making it is the problem there are many other solutions. Instead of getting rid of an important piece of American culture. In addition, There are many reasons why the penny should go out of existants because, the penny costs more to make than its initial value. However the penny only costs 1.8 cents to reproduce while the nickel costs 9.4 cents. Why could we get rid of an object that can help fundraisers or an object that can be made in another metal. The penny is also an important item of American culture. In the article from a general interest magazine published in 2014 titled ¨ The Ever- Changing Penny¨. Maria Story explains some of the changed the penny
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.
In 2001 United States Representative Jim Kolbe introduced legislation to Congress to eliminate the penny coin in most transactions. Although this legislation failed, there are still consistent calls to eliminate the penny as the smallest-denomination United States coin. Our nation is founded on passed traditions. Any American can look basically in any place to understand why America has thrived for centuries. Every tradition, sculpture, monument, or artifact gives Americans history about what has occured. The country struggles to destroy any of these long kept traditions. Although some traditions are completely relevant, the use of the penny is of little worth today. Whether the penny is rolling around in your pocket or resting at the
In America’s modern day economy, the penny is very useless and irrelevant in our society today. As source C states, “The time has come to abolish the outdated, almost worthless, bothersome, and wasteful penny.” There is not one item that can be purchased with a penny anymore (Source C). As source C states, “it takes nearly a dime to buy what a penny bought back in 1950.” Stores such as the Dollar Store prove how the cheapest items you can purchase are with only a dollar, not a cent. Pennies are shoved out of the economic picture by credit cards and because of the modern-day technology, there are even self-service machines that help convert coins into paper money (Source B). Furthermore, pennies are easily tossed into piggy banks or appear behind chair cushions. It is not used the same way as it was before.
They must be eliminated, but you might think. Wont prices go up and charities lose money? No. new zealand , finland, and the netherlands stopped using the one cent or the one cent euro and noticed no change in cost instead they round to the nearest five cent. Anyways the US has already gone through this process without trouble like the half cent it was eliminated in 1857 because it was too little worth. Another thing is that everyone loves lincoln so they might think that his monument might be taken away but taking away the penny won't take away his memory we will still have him on our five dollar bill which won't go away. Yes you might think it is unpatriotic or disrespectful to take away lincoln but the us military is not using pennies because they have already realized that pennies are useless and not needed so they round to the nearest five cent. So basically pennies just aren't worth making, they waste people's time and they don't even work as money like they are supposed to, and because of inflammation lose more value every year making them making everything
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
I agree with Strawson in saying that we are not truly morally responsible for what we do, in a mental respect at least. Though it suffers from many faults, there are also ways to even more clarify his argument, as I will hope to do so in the following. First off, Strawson states that for someone to be truly morally responsible, we have to understand the points that he has given. The first being that we do what we do because of the way we are. These just states that the things we do and decide are based upon how we are in that moment, in mental respects. For example, when it comes to choosing what to eat between options A or B, I will choose option A because of how I am. But if you were to choose, it would be dependent on the way that you are
On December 2,2015 I went to to the Lynnhaven building to receive some feedback on my agreement paper for English 111. It was a very rainy day after running through the rain when I reached the writing center room. There was a yellow note saying that the writing center was in the student center until December 4,2015. After reading the note I ran back in the rain to my car.It was to cold to walk it was raining. As I approached the student center I was told by a security guard that the tutoring lab was located on the third floor. I had walked up three flights of stairs. When I had finally reached the third floor,I walk into the tutoring lab. There were about eight tables, but only four staff members and one student. Amen had approached me asking what did I need help with today. I replied saying that I would like some feedback on my paper for English. He then pointed to the writing table and said “she can assist you with your paper”.
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
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.
Pennies have always been respected for having played a big role in american history but does the penny actually deserve to be held in such high regard if it's just collecting dust under the couch. Since 1857, the penny was used and changed throughout the years but it might be a better idea to get rid of the penny because of its expensive production costs and its effect on the economy.
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
One of the reasons why we should keep the penny is that it “remains popular with the public and [is] important to our pricing system” (Source D). In places like the European Union, “the smallest coin…[has] a value equivalent to one cent” (Source D) which assists in international commerce. Moreover, the penny’s value comes from its ability to “avoid the systematic rounding of prices” (Source D). In countries like
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
Money is the backbone of America. Without it anarchy would break out and bargaining would fail as people would claim the trade wasn’t fair. Thievery would explode across the globe and some lazy people would have no motivation to work. While most people believe that money is important, the question is whether all money is important. For centuries, the penny has shared a role in American currency and has served a great purpose. In the past, pennies could buy candies, slices of bread, and many other things all on their own. But as time changed, so has the value of the penny. As costs went up, the value of the penny went down. And with its lesser value, some people wonder if it’s even worth it to keep the penny around.
The penny has been around for over 200 years and has had over 21 redesigns. The penny more than an object, it is a symbol of the American society, and it contains symbols on it that show foreign countries what makes America, America. Recently the penny has been under fire by the media due to its relevance in our society. Although the penny has been an important part of American society for many years, it hurts America more than it actually benefits it. This is due to the cost to produce it, and the impact it will have if it is removed from our society.