Penny Cost 2x Research Paper

Next, we determined the mass of the penny by placing it on a balance. The mass of the penny was 2.47 grams. Afterwards, we placed the penny in a beaker filled with 20 mL of 6 M HCl. In the end we put the beaker in the fume hood and allowed it to sit overnight. During day two of the penny lab, we removed the penny skin from the beaker using tweezers.

Are pennies worth minting? Many people believe they’re a waste of money, but some people believe that they’re still worth minting. Pennies should not be minted for many reasons such as, the penny costs more money to make then the penny has in value. Another reason is that pennies are a severe waste in time such as people often pay with pennies as a practical joke, which means hard working employees often have to spend the time to count those pennies. The final reason is because the penny is losing the government money.

The complete waste of time and money spent producing these pennies just to be forgotten in the couch cushions is astounding. If every penny is 1.8 cents to produce than the government is giving away 800 million USD every single year. The same article says, “...10 million new useless items punched out by government workers who could be more usefully employed tracking counterfeiters.” In other words, the government isn’t only wasting money on penny production but, also a working staff. U.S. currency could be more protected if it wasn’t for the pesky penny.

The value of money is subjective. A wealthy individual might think one hundred dollars is insignificant, while someone else might reconsider spending the same amount. While window shopping at F.A.O

1 million for 1 million people Aunt Bessie gave a million dollars should I spend it on myself or should I make this nation a better place than what it was. What will you put one million dollars?. During progressivism there was child labor, women 's suffrage, no food inspection as well as no care for the environment. And for me to make it right i would like to split my one million dollars into food inspection, 600k, child labor 300k, and women’s suffrage 100k to improve the situation and make the future great.

This shows that pennies are more than coins; they are a part of people's history. What readers should understand is that pennies are a part of American culture. This is important because pennies are a part of people's history and if people stop the making of pennies,

The density of the penny was 4.68 g/cm3 before the experiment and 4.43 g/cm3 at the end of the experiment. The density of gold, though, is 19.3 g/cm3. Since the densities of the penny and the gold are different, the penny clearly did not change into another element. The gold color of the penny was a result of the flame that it was held above melting the zinc that it was coated in with the original bronze colored coating of the penny, creating an alloy with a shiny yellow color. Since neither of the pennies, silver colored or gold, changed densities throughout the experiment and each retained their own properties; the properties of copper; no new elements were

But on the other side, retailers could be aware of this and bring all their prices down to the lower round and sell them cheaper, which benefits the consumers. Supporters of the penny say we should keep the one cent coin but simply make it cheaper. (Source 2) But if we cut out the penny entirely, we can save even more. A near useless coin can be eliminated and we won't need to spend nears as much money making

John Green, a well known NY times author proclaims, “If Abraham Lincoln were alive today, he would say ‘why is my face on a coin that is worth 1/26 of what a penny was worth when i was president?’” Lincoln and his monument would still be on today 's $5 bill. Even the United State government stopped using the penny and are now rounding to the nearest

In Of Mice and Men, the characters valued money. Still now, to this very day people value money. People of the Great Depression era seemed to have valued money a little more than we do today, due to the low supply of it. It seems as if they were more grateful and happy with the little they had. Meanwhile, we will never be satisfied with the little simple things we get out of

“ The U.S. is among the last of the industrialized nations to abolish the peskiest little bits of coinage” (Source C). More and more counties will soon join in on the laughter as they dismantle their low value coins. It would be a different story if we used the pennies. Only about one-third of the pennies are in circulation, the other two-thirds of them are hiding in our chair cushions (Source C). Not only is the government losing money from the missing two-thirds, but it is also wasting money on workers.

That is why I am supporting the retirement of the pennies. With me supporting the retirement of the penny I have some evidence on why the penny should be retired. One piece I have is in the article it states that it costs 11 million dollars to make pennies in other countries. That it is a lot of money being used even though the penny doesn’t really get used, it just gets pushed to the side and never gets used. They could be doing more with the 11 million dollars.

First, pennies should be eliminated because of how much it cost make them. For example, “taxpayers lost 60.2 million dollars on the production and distribution of the coin. Many people are saying that the number of cost for the penny could increase in the upcoming years. Also,”the economy has changed so had the value of the coin.” But the penny is worth too little for for today's economy.

Money means different things to everyone. Money could mean power, happiness, and success to some people, but it could also mean greed, debt, and problems to others. The only way money can have value is by the value we give it. In the story “Contents of the Dead Man’s Pocket,” Tom Benecke had been working for months on a paper for work, while his wife went to the movies. The paper flew out the window, onto the ledge,and he had to work to get the paper back.

Should we spend taxpayer money to invest in the space program? The space program is a program to pioneer the future in space exploration. The program has consumed about 18.4 billion dollars on trying to explore the barren and empty place they call space. This money that 's used on this space exploration comes from our taxpayers.