1. The Value of a Penny
However, as the United States is becoming more modernized and the value of the penny increasingly diminishes, the penny coin should be eliminated to increase economic efficiency. ... Pennies and many other low-value coins have been "shoved out of the economic picture by charge cards" (Source B). ... Not only are pennies becoming less useful due to technological advancement, but also since prices are inflated yearly, the value of the penny has decreased over time. ... Our economy has evolved so much that it has come to the point where pennies waste more time than the value they are ...
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