1101 September 13‚ 2010 Should the Penny be Eliminated? The penny‚ a copper and zinc coin‚ that represents one cent in the United States currency‚ is as American as apple pie. It is part of our heritage to honor and recognize our founding fathers and past presidents for their contributions to the economic system of America. According to the Harris Poll #51 conducted online between June 10 – 16‚ 2004 including 2‚136 adults‚ the majority favor keeping the penny in circulation (Source E). The United
Free Abraham Lincoln United States President of the United States
The penny has served as a trademark for America since 1793 and it has helped us succeed in many ways throughout American history. The U.S. continues to draw strength from its history and honored traditions. Therefore‚ preserving these traditions is vital to the continued greatness of our country. The U.S. should not abolish the penny because it is valuable to the economy‚ significant to society‚ and an important tradition to continue. Simply put‚ the penny is far too valuable economically and
Free Abraham Lincoln United States President of the United States
the density and composition of a penny it must be first weighed on a scale. Find the average mass of multiple pennies from the same year. After weighing it find the volume by placing the pennies into a 50 ml beaker with 15 ml of water. Note the change in volume to obtain the volume of the pennies‚ obtain the average volume‚ and then calculate the density by dividing the mass of the penny by the volume. 2.) To keep measurements accurate and precise test multiple pennies from the same year and make sure
Premium Density Mathematics Volume
Penelope and Penny are both portrayed the same and have similarities‚ but there are differences between the two as well that make them different and unique‚ and that also ties them together in the end. Penny and Penelope both remain confident throughout their stories. Penny divorces her husband Everett‚ after he is put in jail. With a need to support her and her family‚ she seeks out to find a new husband‚ who has better qualities than Everett; one who she says has to be “bona-fide”. Penny knows what’s
Premium Marriage Trojan War Odyssey
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
Premium Penny Money
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
Premium Economics Minimum wage Unemployment
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
Premium Water Atom
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
Premium United States Unemployment Great Depression
“ 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
Premium United States Money Economics
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
Premium Marketing Retailing Sales