Cent

“Penny Wise, or 2.4 Cents Foolish?”, “In the United States, the mint says, each zinc and copper coin costs 2.41 cents to produce and distribute … ‘From the standpoint of economics, that’s just a total waste of money,’ Mr. Velde says.’” It takes more than double the absolute amount of a penny just to manufacture it and distribute it than for the actual worth of it. This is a colossal waste of money each year to simply create these coins. According

Is 50-Cent Really Only Worth 50 cents or is that Freezer Full of Cash His? The once loaded rapper Curtis Jackson, better known as 50 Cent, says that he is broke and filed for bankruptcy protection. He filed earlier this year after he posted Florida resident Lastonia Leviston's sex tape online and the Manhattan Supreme Court ruled that he owed her $7 million. As his song goes, 50 Cent is still going to "Get Rich or Die Tryin', but at the moment he says he is $28 million in the hole. He told the

The Pennies: The One-cent Coins that Make No “Cent” Throughout ages, humans have developed civilizations in which we plant, we grow, we produce and we trade. During the development of each culture, people also developed various methods to enhance the flow and exchange of goods and services within the country and abroad. Mankind have moved away from barter to commodity monies such as seashells, stones, arrowheads… and eventually we introduced the banknotes and the coins, the two convenient media

From the Streets to Fame The non-fiction book, 50 Cent: No Holds Barred is a writing describing the story of 50 Cents rough beginning and come up in the rap game, “After years of struggle 50 cents perseverance is finally paying off” (Prologue) Throughout the book three main points were made very clear: Know one's surroundings, Finding ones meaning in life, and Perseverance pays off. These are key points that can influence anyone reading the book. The three points presented have universal meanings

has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished. The penny costs 1.4 cents to manufacture each time

Penny also shows world history because of how long they’ve been around. 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

penny will have little to no impact on the united states. When the penny is gone we will just round the price to the nearest five cents. I believe the penny should be banned. 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

United states produces 13 billion pennies each year. The Penny coin in America played a role to our economy/without people noticing too much. People most likely don’t recognize it due to inflation of prices. To public eyes the penny has always been heated debate topic. Which leads into my paper here. Should the penny be eliminated or kept? The penny should not be eliminated from our “coins system” because the prices would be rounded(making prices mostly going up), the penny has need to stay for economy

it's a waste of money and they are just money sitting in our pockets. They also should get rid of the penny because the meddle they use is expensive for just one penny. The US also should get rid of the penny because it cost 1.7 cents to make,but it's only worth one cent. So the penny is way more money to make than it's actually worth. Pennys are one of the most expensive coins to make but are used the least amount. Most people don't even use them then why do we have them. Here are some other things

up too much time to count all of them. Pennies are unnecessary to have they are just taking up space in our pockets, just to make a penny 1.5 cents which is the same as a penny. these are my reasons why i believe pennies should not be made anymore Pennies are not useful because of their value Their is no purpose of having it on the money system. 1 cent is nothing when your going to go grocery shopping. Therefore, many people don't like to use pennies they just let it take up space