Argumentative Essay On Pennies

The cost to produce the current pennies design cost way more than what its worth. The way the penny is made now it costing the U.S. way too much money. “On average, the penny cost 2.4 cents to make but is only worth one”. The design of the penny isn't great either, it's bulky and not very pretty. Its bulkiness makes it more weighted and takes up more space. In source 4, “for 30 years, pennies have not been used on foreign military bases because they're too heavy and not cost effective to ship”. The pennies metal content is not very effective and costs too much. Some people believe that all we have to do is change the metal content. According to source 4, “ the current metal composition of the penny is copper and zinc”. Overall, if there's any chance we are going to keep the penny, the cost and way its made needs to be drastically changed.

For those that agree, with phasing out the penny they will argue that it cost more money to make and mint the pennies than what they’re worth. However, Ted Waterhouse begs to disagree. According to Ted Waterhouse “ Last week, Washington middle school hosted its annual Penny Drive… they raised over $3000 in one week” (Waterhouse). As shown, it took one week to raise $3000! Imagine how much they’ll raise in two weeks or even a month. To summarize, pennies may be small and worthless by themselves but when you add them together they are a powerful group.After All, there are power in

The United States needs the penny today so they can get exact change. If someone owed three cents how do they pay it? The person would need a nickel, but they wouldn’t get two cents back in change. People would have more coins of higher value. If someone bought something for $1.97 they wouldn’t get change back, because there would be no pennies.

"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

However, these people who have claimed this is unaware to the merchant technique of $9.99, which seems to be psychologically important; to keep that extra digit, $10.00, from showing up and scaring the customers away. And if we do, indeed, eliminate the penny, merchants would find another technique, for example, decrease the price to $9.95, to not increase the price an extra digit. But I say, the realistic idea and goal for eliminating pennies is because their feeble purchasing power means dealing with coins and making change to the nearest cent is an uneconomic waste of time for the nation as a whole, because majority of us are affected by it.

The U.S. penny has been a standard in our currency system for almost as long as our country has existed as a sovereign nation, but due to inflation, production costs, and the changing times we live in, it is no longer a sustainable unit of currency and only serves to increase our national deficit and waste our time. When the penny was produced for the first time in 1792 by the U.S. Mint, it was made of pure copper, featured a woman with flowing hair, and was inscribed with the words “Liberty”. Since then, the design and composition have changed numerous times to reflect our changing nation. Despite its fading glory, the penny has been kept alive by numerous false lobbying fronts and a stubborn ideology, but

“Penny candy” and similar selling strategies or products do not exist anymore. Not to mention what used to be worth one cent forty-five years ago costs ten cents today. Over time the value of the penny has depreciated with inflation rendering them useless. Furthermore, since the penny cannot function on its own in a purchase the production of the penny is pointless.

In source number 1 it says, “ We often throw them away in water fountains, throw them in jars, or refuse them as change.” This quote means why make a coin if all we do is throw them in jars, or refuse them as change, and just throw them in water fountains. Also, “We have penny drives to get rid of them sense people don’t want to get rid of quarters and dimes.” This quote says why make something if all we are doing with it is using them as loose change or just giving them away.

Money is the crux of society. Without it, anarchy would break out. Bargaining would fail as people would claim the trade wasn’t fair, thievery would explode across the globe, lazy people would do nothing, and people wouldn’t have motivation to do anything but help their own family and selves. Yet, while everyone knows money is important, is ALL money important? For centuries, the penny has been part of American currency. And back in the day, it served a great purpose. Pennies could buy candies, breads, and many other things all on their own. But as time has changed, so has the value of the penny. As costs went up, the value of the penny went down. And with its lesser value, some people wonder if it’s even worth it to keep the penny around. But the answer to that little puzzle is as easily seen as a jigsaw meant for four years olds is put together. The penny must be kept.

Washington Middle School (WMS) Raised over 3000 dollars in a week just from a penny drive. Many people,schools, etc. do penny drives for charity, even though the penny cost 1 cent doesn't mean it's useless. As Michael Cooper, an eighth grader said, “If you asked for my quarters, I would have said ‘no’ because I use them for video games. Pennies don't really matter much, so I was happy

Many penny supporters think there is not an inflation with the economy. The cent doesn't buy anything in today's market. It is merely a token used to make odd change during cash purchases. The customer may have to use the, "Leave a penny, take a penny" bowl next to the cash register for correcting the balance. The penny can be put back into the bowl if the customer doesn't accept the return of pennies. It is neater than throwing them on the ground

Granted, pennies waste time. MoneyCrasher.com had this to say: “Often, when we pay with cash at a store, the total amount doesn’t end in a multiple of $0.05… [so] we have to either hand over some pennies or receive some in change” (Livingston). This information is basically stating that since the amount of total cost usually doesn’t end in a multiple of

Pennies cost more than they are worth at 1.4 cents per penny and 2 cents to distribute, meaning if you were to melt down the material of a penny and sell it; you would profit, this also means when the government produces pennies we are actually losing money, last year the penny robbed taxpayers of $115 million dollars to subsidizing penny production. You might ask why we don't just make

Pennies are an important part of our past and they will be in our future. Pennies are a good thing to help with Contributions to Institutions. The penny would make a difference in your change. You would have to round up 5 cents. The penny is very important cent and we need

Pennies should no longer be made because they cost more money than its actual value. In source 3, states, “ A penny currently costs the United States government 2.4 cents to mint.” This shows that pennies cost more than there actually value. this show that because it says that they pay 2.4 cents to the mint to make pennies. In source, 3 it says,” Department of Defense agrees. … abolished the use of pennies at overseas military bases ... because pennies were considered “too heavy” and “not cost-effective to ship.” This shows that even the military finds the pennies useless also. In other words the military said that there too heavy and it's not cost effective to the ship. All in all, pennies should no longer be made because they cost more money than its actual value.