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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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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Penny Argumentative Performance Task Garrett Forrest Do you think the penny should be preserved? The one-cent piece‚ commonly referred to as the penny has been in a giant argument in the United States about whether if we should keep the penny in circulation‚ or abolish the penny totally from the U.S currency. The penny should be abolished totally from the U.S Currency for several different reasons. To begin with‚ have you ever thought about the cost of a penny? If you ask a random person‚ they
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preservation of the past. The penny‚ despite its seemingly futile existence‚ is a major part of American history. It should remain in circulation not only because it is deeply rooted in society‚ but also because it is a constant reminder of our history. Due to the prominence of pennies in America‚ it would be nearly impossible to eliminate them from society. To begin with‚ the federal government would have to sway a society that is primarily in favor of keeping the penny in circulation (Harris Poll)
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the past. If you take a look at a penny‚ most people will see our sixteenth president‚ and some will just see a cooper mixed zinc coin that is worth one cent. However‚ what most people don’t realize is that this penny shows the history of how our nation came to be and how we strive in still remembering our traditions. Although some people find the penny a useless and an immaterial piece of the coin‚ people should treat a penny like a regular dime or nickel. The penny has important historical information
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