Abolish The Penny Research Paper

There has been a debate on whether we should get rid of the penny. Some people think we should keep it, and some people think we should get rid of the penny. The United States is not sure what to do. Do you think we should keep the penny, or get rid of it?

The United States should get rid of the penny because it is people are not using them, cost too much, and other countries have already dropped the penny. The United States should get rid of the penny because we never use it, it cost to much to make and other countries have already dropped their penny. So if the United States gets rid of the penny it might affect the price in a increase but it also might affect them in a decrease so no matter what over this topic the world will not end and we will be

The penny debate has been going on for many years. Many people want to get rid of the penny, but others want to keep the penny. We should keep the penny. The penny is a benefit in our society.

"The Penny Debate " by Brad Andrew is an article written to inform Americans about an ongoing conflict. Both sides are supported with good reasons; However, I think It would be beneficial to keep the penny. Based on the article, which implies that fellow Americas would lose much more than we're gaining. Things such as; Getting rid of the penny, Charities ran on coins will lose profits, putting U.S. Mint further in debt, and prices would rise. Many may think that eliminating the penny will be a plus, but aren't looking at both pros and cons in-depth for future references. Rather than getting rid of the penny altogether we could use a cheaper metal to produce

Finally a fourth reason why the penny should be abolished is because its production cost exceeds its face value. The U.S. Mint is losing money, as it costs 1.5 cents to manufacture a one cent penny. This results in the U.S. Mint losing millions of dollars per year. For example, in 2016, the U.S. Mint lost $46 million dollars by producing pennies. This makes no sense logically. Why would you manufacture a product that you can not make a profit

The penny must be eliminated as quickly as possible. The United States is in massive debt and instead of cutting programs which are vital to the economy and to citizens of the United States, the United States must find ways to cut expenses in parts that are often over looked. One great way to cut down on unnecessary spending is the penny. Believe it or not, the penny, the smallest denomination of currency in the United States is a huge waste of money. The one cent denomination has no use. You can no longer “buy anything with a penny” anymore. (William) The only use the penny has is to pay for the taxes, which, can be rounded off to the nearest nickel thus obliterating the need for a penny.

There are many more reasons as to why the penny should be kept, such as the fact that it is a reminder of Lincoln’s history in the U.S., but why expand on all of those when it is already obvious the penny should be kept in circulation. Yes, perhaps the penny can be seen as worthless and a waste of currency, but it holds a lot of worth when you add up that it is liked by the public, that it aids in providing jobs, and added with other pennies, it really can be worth a lot. Besides, how could America give up their lucky penny? It’s lucky for a

The penny is practically worthless to many people in our country. In a Gallup Poll of 1,002 adults conducted from June 11 of this year displayed shocking results. Nearly 75% of those adults would stop and pick a penny that is present on the ground. About 40% of men and 35% of women would walk passed a penny that is on any type of surface. This poll also found that 58 percent of Americans stash their pennies in piggy banks, jars and drawers. Some Americans redeem their cents at banks or coin-counting machines, but 2 percent admitted they toss them into the trash. They consider the penny a nuisance to many fellow Americans. This sentiment has been growing through recent years. The penny is basically obsolete and should be removed from American currency.

You find them behind couch cushions, in the pair of pants you tossed in the laundry, or most often, just sitting in a jar—pennies. This one-cent coin has been in circulation since the late 1700s, but within the last 10 years, they have become more costly to produce than they’re worth. This has led to discussions about whether we should keep the penny, or drop it to save money. After hearing both sides of the argument, it only makes sense to stop producing the penny, benefiting everyone who has been using these outdated coins.

The Penny is essentially a vital part of our money system. There has been many speculation about whether or not the United States should abolish the penny from being minted any longer. Although the penny has been a part of the American culture since 1787, it has such a small value, it will always be a part of American history. So as the years go on we should realize that the penny is everything to the United States. The penny should not be eliminated from the money system due to the fact that it is a part of the American culture and has earned its respect over the years.

Americans have been using the penny every day for over 200 years, so how could Americans just abolish it now? The penny has been an important part of our history in the United States. It still shows the face of Abraham Lincoln, a very important president, and civil rights activist who wrote the Gettysburg Address, and abolished slavery. Abolishing the penny would lead to economic problems, and harm several charities in the United States. If 68% of American adults favor keeping the penny, then why abolish it? Plus, another 73% of Americans are afraid that if the penny were abolished, we would lose millions of dollars to merchants due to rounding (Penny Charity). Americans should keep the penny to avoid many difficulties, and maintain our long

Should we keep the penny? The US has been considering abolishing the penny we should keep the penny because of the History and it's valuable to charities and sentimental value

The penny is a part of our nation. It has been around for a long time. “The penny has been a part of United States history for over two hundred years,” source #4 says. The penny may not be the same one that was first around, as it has changed over the years, but with every passing image history is imprinted. The U.S.

We should stop the penny because history is outdated and insignificant.The indian men that was on the penny was even real which meaning it was outdated and not that important. Many differnt designs before it got to Abraham lincoln.No one like the l.ady liberty of the penny because her hair was to wild and many people started complianing about

Many countries around the world have eliminated the penny which raises the question: Should the U.S eliminate the penny? We are wasting money and time by keeping the production going so why not just stop it all now? After doing plenty of research I believe the U.S should eliminate the penny. It’s about time America did something that could help us save us valuable time and money.