“ 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
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
Premium Currency United States dollar Canadian dollar
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)
Free United States Canada
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
Premium United States Economics Immigration to 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
We all know the penny‚ it is similar to the avocado due to the fact they both should be eliminated‚ but are still here today. The avocado should have been eliminated because its survival depended on the giant armadillo‚ and the penny should be eliminated because of inflation. Pennies should be abolished because it costs more to make than it is worth‚ we already abolished a coin without bad side effects‚ and most arguments against it have solutions. First‚ the penny costs more to produce than it is
Premium United States Tax Economics
Pennies gets dirty at times whenever people take them out of their pockets to pay for something. Pennies are exposed to air and lose their shine really quickly. They collect dust‚ dirt and gunk. Most people‚ without paying attention‚ drops their pennies on the floor and become rusty over time. The reason for this is the air and other things that come into contact with this penny. A cleaning solution can be described in chemical formula of Acetic acid‚ a colorless organic compound‚ which has a pH
Premium Water Chemistry Acid
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
Free Money Currency
William Safire: Abolish the Penny William Safire writes a fine argumentative piece on why America no longer has any need for a bothersome coin of copper that “costs more in employee-hours‚” than it is actually worth. Safire uses compelling evidence and real life scenarios to convince his audience that we need to rid our lives of this‚ “outdated‚ almost worthless‚ bothersome and wasteful penny.” If the reader is able to read between the lines and use some analytical processes‚ they will come to
Premium Question Rhetorical question