1. Pennies
With advancements in technology, objects are becoming readily obsolete. In the past, individuals predominately relied on cash in order to purchase goods and services. In this economic structure, pennies were considered a worthwhile denomination because prices are listed in dollars and cents. 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. .
The penny should be eliminated because in our quickly modernizing world, credit cards, debit cards, and checks are replacing paper money and coins. Pennies and many other low-value coins have been "shoved out of the economic picture by charge cards" (Source B). Most people, including children and teens, attain these cards because they are a simple and fast way to purchase goods and services without wasting the consumer's and the employer's time. Compared to charge cards, pennies have become "practically useless in everyday life" (Source A). These technological advancements increase efficiency because it does not require an individual to count out a certain amount to give the cashier or the cashier to give back exact change to the consumer. Rather than counting dollars and coins, it is as easy as swiping once and signing. Our world and economy is changing, it is time we stop living in the past and eliminate the worthlessness and inefficiency that is inherent with the penny. .
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. With a "pedigree dating back to 1787" (Source B), pennies have slowly, over the years, become useless to the people who attain them. In 18th and 19th century, pennies were useful because the penny itself could be used to purchase certain goods and services.
The penny. ... The United States should abolish the penny because its value has greatly diminished and it is inefficient. To start off, the penny should be abolished because the value of the penny has greatly diminished in the last few decades. ... Now some may say that we need to keep the penny, but these suggestions are heavily based on the sentimental value these people hold with the shiny copper currency. ... If the penny carried so much sentimental value, the need to continuously change the appearance of it would not exist. ...
The reason for this is because it costs substantially more to make a penny than its actual given market value. ... The central argument for those in favor of the pennys ongoing production isnt necessarily for its economic value, but for its sentimental value. ... So of course the penny manufacturers will defend the pennys cause. ... Overall, its fair and safe to declare that the benefit of the penny is falsely valued. ... Other countries have already made the initiative and moved onto their own version of the nickel as their lowest economic coin value. ...
No state will accept pennies in bulk and very few machines still take pennies. ... Making the penny is not cost effective, and pennies do not get used anyway. ... Some misled proponents of the penny believe that the cost is irrelevant since the penny is tradition. ... In fact the government is concerned about people melting down the penny because the metal it is made out of is worth more than the face value. ... Due to the pennies lack of worth, and the increasingly ridiculous cost to make the penny, it only makes sense that the penny be discontinued. ...
Three weeks ago I went to view a play entitled "New York Values" which was written and performed by a very well known artist around the globe named Penny Arcade (her actual name is Suzanne Ventura). "New York Values" was Penney Arcade's latest piece of work and like all her other works of art were written and produced in New York. For the simple fact that Penny performed this play as a one-woman act, one could say that the play "New York Values" took on the characteristics of a monologue and the comical gestures in the play made it seem like a stand up comic show. ... I believe the ab...
Pepper's Lonely Hearts Club Band", a reflection of the cultural values of the youth of the time. ... Penny Lane In Penny Lane there is a barber showing photographs Of every head he's had the pleasure to know. ... Penny Lane is in my ears and in my eyes. ... Penny Lane is in my ears and in my eyes. ... Penny lane is in my ears and in my eyes. ...
In JC Penny, the isles are parallel to each other and maintain a very rigid flow. ... As Bloomingdale's has to manage a high number of employees in each department, JC Penny only Price. The monetary value that these two stores offer are very different even though their products are the same. Bloomingdale's is higher than JC Penny's. ... This is why JC Penny and Bloomingdale's have such different names. ...
The fixation on wealth, in every aspect of the play, details the values, which are synonymous with ideals of having "not just all one needs, but lots of money, lots-. ... This exemplar embodies much of the dramatisations critique of patriarchal values, held predominantly by Torvald. ... But it swallows up so many pennies. It costs a lot of pennies to keep a little featherbrain."" ... The whole trouble is, you cant- This dialogue is not only in support of the importance placed on money (throughout the play), but again of the patriarchal values embodied by Torvald, and presumably by their...
To calculate the %error of the lab the accepted cp value of Al (.900) is subtracted from the experimental cp value and then is divided by the accepted cp value. ... The third experiment consisting 9 pennies (in place of Cu), with a total mass of 22.49g, was heated in water to boiling to 100.3 ∘C. ... Using the same cp formula, The calculated specific heat capacity of the pennies came to be .38, with a percent error of 1.6%. Considering that the penny sample we used is not pure Cu the %error was expected to be slightly higher, because of the fact that the sample size of the pennies was i...