Penny Stock Research Paper

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.

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

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

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 used by Americans more than they realize. Parents give pennies to their children to throw into fountains in hopes of having their wish come true. Others rely on finding a penny on the ground for good luck. Despite the little value a penny holds, it may impact the economic status of Americans and charities, has importance in the pricing system, and remains as a part of American history.

Money is crucial in many ways or everyday events like for buying food, paying rent, etc. Money has its own value but not all currency is used. Money has its own value but not all currency is used. The penny has the least amount of currency and is found on the sidewalk, sofa, in between car seats because nobody benefits form the penny. It doesn't have enough value to be kept around so lets just end the penny ones and for all.

Nickel and Dimed: On (Not) Getting By in America, Is about a woman, a journalist who goes undercover to witness the Welfare Program the government provides for the poor and people in need. Ehrenreich is white and middle class. She claims that her experience would have been radically different had she been a person of color or a single parent. Ehrenreich had not much to worry about other than finding a job and a somewhat comfortable living space. If she had not been white , her experience would have been drastically different in my opinion. With little money, during this time period things were still not too expensive but not too affordable for some people.

The penny costs more to make than it is worth. For example the article Should we get rid of the Penny 8 Reasons to Keep it vs Eliminate it says,”According to the 2014 report from the US. Mint, it now costs about $0.017-or 1.7 cents-to make one cent.” The government actually lost over $55 million making pennies in 2014 alone. It also takes a lot of energy to make pennies, which costs money to. We should get rid of the penny because of how much one costs.

According the article “Give a Penny-Save the Day” written by Ted Waterhouse, it cost more than 2.4 cents to create one penny. That is double the amount the penny is worth. The US mint which creates our money is investigating how to make the penny more cost effective, but in reality we could spend that money plus the money we use creating the penny on other, more important things. Jeff Sommer, author of “Penny Wise, or

Introduction: The study of the mass of many different pennies from 1971-2013 is very interesting! We got 20 pennies and weighed them to see the mass of them and then compare the masses of the different pennies. Our hypothesis was, “If the penny is older than 1983, it will weigh more than the pennies that were made after 1983.” Our independent variable was the date of the penny and the dependent variable was mass of the pennies.

How many pennies do you have just lying around the house, not being used? I can answer that, TOO MANY! The use of pennies should be discontinued in the United States. Pennies are more trouble than they are worth, literally. They are costing the United States more money than they are even worth.

The government should disband the penny as a currency of the United States of America. The nation will benefit quite substantially from this act. We need to follow suit with the other developed nations of the world. Removing the penny from our economy will save us countless dollars and resolve the inconveniences that the penny conceives. We need to do anything possible to help make the United States one step closer to the greatness that it once achieved.

The penny is a small and insignificant piece of American history. Causing extra time in grocery lines, to being found useless on the streets, there is no real reason to keep the penny in circulation.

You can make a necklace out of penny. You will need to put a hole in the penny and then put a chain through the hole. If you have several pennies that are different colors, then you can create framed penny art. You can also use pennies to mark memorable dates. You can add pennies to your wardrobe. You can use pennies as buttons.

They cater to my desires, fantasies, needs, wants, convenience, lower prices, variety, comparison prices, avoid crowds, and the ability to make a wise purchase. Article I read regarding consolidated issue listed on Nasdaq Global market- As of April 21, 2017, price change of 0.22 the percent change is 1.15% the last was