Imagine a world without the penny. No more happy children who think good luck will come their way when they find a penny heads up on the ground. No pennies around to make that old tin cup clink and brighten the day of some desperate homeless man. Charities‚ instead of thriving‚ would suffer due to penniless penny drives. Jobs would be lost due to the lower demand for zinc that could be mined and produced into American money. Most importantly‚ a significant part of history would be thrown away and
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to stop minting the penny and to never use it again‚ but others want to keep using the penny and not get rid of it. Some people are fighting to get rid of the penny and these articles may pull people to their side: “Penny Wise‚ or 2.4 Cents Foolish?”(Source 1)‚ “Is the Penny Worth It?”(Source 2)‚ “Give a Penny-Save the Day!”(Source 3)‚ and “The Ever-Changing Penny”(Source 4). Some think the U.S. penny should be discontinued because it takes more than one penny to make a penny‚ it’s not worth much
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the offer of picking up a penny off the floor? Well you made a great choice. For the past couple years there has been a huge debate over the ban of pennies. Some people feel as if the penny is useless to our currency‚ but some others felt that the penny plays a huge role in the U.S today. The argument today is whether the ban of pennies is going to boost our economy or plummet it. The penny should be eliminated because of the cost‚ worth‚ and rounding system. The penny to me has never been a huge
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My results of part B shows that a penny can hold 21 drops of water on the top. This relates to adhesion since the penny that is copper is attracted to a different substance which is water. When the drops hit the penny‚ the adhesive force of the water and the penny keeps the water from falling off the sides. It also shows high cohesion since the water molecules are attracted to each other. In a water molecule it has a hydrogen bond of oxygen and hydrogen since they are attracted to one another. It
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A Bill To Eliminate The Penny: Prelim Legislation #19: PRO The penny: Everyday you find them in your coat pocket‚ or lying on the sidewalk. Anyone who has been to a fast food restaurant has experienced the frustration of being behind someone who is attempting to pay for their purchase off the dollar menu with 100 pennies‚ wasting the time of everyone else in line. Pennies take refuge under couch cushions‚ and are either tossed to the side or put in a jar to be eventually traded in. In this day and
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The penny‚ the smallest coin in the U.S.‚ that honors president Abraham Lincoln‚ is now essentially worthless. Back not too long ago‚ it was possible to go the store and get a whole bag of candy for a nickel‚ or a chocolate bar for a penny. But now that is no longer possible. Nowadays the price of everything is much higher than it used to be‚ which means that small amounts don’t go as far. As source C explained‚ there used to be penny-poker‚ penny candy‚ and five and dime stores. Now‚ penny poker
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“ A penny for your thoughts” is a saying that isn’t commonly used in my generation‚ but the saying might go away because the government is thinking about taking the penny away. Many people believe the penny is worthless and should be removed‚ and they are right. The penny today rarely gets used and costs more to create the penny then its value. Have you ever looked into a wishing well? Well if you have you would have noticed that people only really throw pennies into the well. Many people only
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4. Impact a. What has been the impact of their new strategy on their stock prices? JC Penny has cost a lot of money to make its strategy work and the increasing costs of the company have let down their stock prices. The retailer reported a second-quarter loss of $147 million and sales slide 23% to $3 billion according to data compiled by Bloomberg. So the retailer and stores have been losing sales and consumers‚ so the losing on their profits has been letting down their stock prices as well
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writer’s grandparents feel that a penny is worth bending over and picking it off of the ground every time they come across one. Benjamin Franklin once said‚ “A penny saved is a penny earned” (BrainyQuote 2016). If you pick up every penny that you find‚ they eventually will add up. There used to be candy stores that had penny candy but nowadays‚ there is nothing that actually costs a penny. Many people look down at the ground‚ see a penny and leave it there. For them‚ the penny is not worth any effort to
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Pennies don’t put in their two cents for their place as a part of American currency. It’s not like they’re particularly useful. Almost nobody picks them up unless it’s in the hope that the face of the long-deceased Abraham Lincoln might bring them good fortune of some odd sort. Thieves don’t scrounge around people’s pockets for pennies‚ and then have the person call the police for their missing penny. When most people say that they want to keep the penny‚ most of the time it will simply be an infantile
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