1101 September 13‚ 2010 Should the Penny be Eliminated? The penny‚ a copper and zinc coin‚ that represents one cent in the United States currency‚ is as American as apple pie. It is part of our heritage to honor and recognize our founding fathers and past presidents for their contributions to the economic system of America. According to the Harris Poll #51 conducted online between June 10 – 16‚ 2004 including 2‚136 adults‚ the majority favor keeping the penny in circulation (Source E). The United
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The penny has served as a trademark for America since 1793 and it has helped us succeed in many ways throughout American history. The U.S. continues to draw strength from its history and honored traditions. Therefore‚ preserving these traditions is vital to the continued greatness of our country. The U.S. should not abolish the penny because it is valuable to the economy‚ significant to society‚ and an important tradition to continue. Simply put‚ the penny is far too valuable economically and
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Penelope and Penny are both portrayed the same and have similarities‚ but there are differences between the two as well that make them different and unique‚ and that also ties them together in the end. Penny and Penelope both remain confident throughout their stories. Penny divorces her husband Everett‚ after he is put in jail. With a need to support her and her family‚ she seeks out to find a new husband‚ who has better qualities than Everett; one who she says has to be “bona-fide”. Penny knows what’s
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to stop minting the penny and to never use it again‚ but others want to keep using the penny and not get rid of it. Some people are fighting to get rid of the penny and these articles may pull people to their side: “Penny Wise‚ or 2.4 Cents Foolish?”(Source 1)‚ “Is the Penny Worth It?”(Source 2)‚ “Give a Penny-Save the Day!”(Source 3)‚ and “The Ever-Changing Penny”(Source 4). Some think the U.S. penny should be discontinued because it takes more than one penny to make a penny‚ it’s not worth much
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the offer of picking up a penny off the floor? Well you made a great choice. For the past couple years there has been a huge debate over the ban of pennies. Some people feel as if the penny is useless to our currency‚ but some others felt that the penny plays a huge role in the U.S today. The argument today is whether the ban of pennies is going to boost our economy or plummet it. The penny should be eliminated because of the cost‚ worth‚ and rounding system. The penny to me has never been a huge
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My results of part B shows that a penny can hold 21 drops of water on the top. This relates to adhesion since the penny that is copper is attracted to a different substance which is water. When the drops hit the penny‚ the adhesive force of the water and the penny keeps the water from falling off the sides. It also shows high cohesion since the water molecules are attracted to each other. In a water molecule it has a hydrogen bond of oxygen and hydrogen since they are attracted to one another. It
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Case Brief #1 : Clean Edge Razor October 29‚ 2013 1. Problem Statement: Paramount Health and Beauty Company having difficulty to choose position their new product (Clean Edge) in the market. 2. Situation Analysis: Company (Paramount Health and Beauty Company) Paramount is a respected brand in the industry since 1962 Paramount offered two lines of nondisposable razors and refill cartridges. The Paramount Pro for moderate segment and the Paramount Avail for a value offering Paramount is
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The penny‚ the smallest coin in the U.S.‚ that honors president Abraham Lincoln‚ is now essentially worthless. Back not too long ago‚ it was possible to go the store and get a whole bag of candy for a nickel‚ or a chocolate bar for a penny. But now that is no longer possible. Nowadays the price of everything is much higher than it used to be‚ which means that small amounts don’t go as far. As source C explained‚ there used to be penny-poker‚ penny candy‚ and five and dime stores. Now‚ penny poker
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“ A penny for your thoughts” is a saying that isn’t commonly used in my generation‚ but the saying might go away because the government is thinking about taking the penny away. Many people believe the penny is worthless and should be removed‚ and they are right. The penny today rarely gets used and costs more to create the penny then its value. Have you ever looked into a wishing well? Well if you have you would have noticed that people only really throw pennies into the well. Many people only
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4. Impact a. What has been the impact of their new strategy on their stock prices? JC Penny has cost a lot of money to make its strategy work and the increasing costs of the company have let down their stock prices. The retailer reported a second-quarter loss of $147 million and sales slide 23% to $3 billion according to data compiled by Bloomberg. So the retailer and stores have been losing sales and consumers‚ so the losing on their profits has been letting down their stock prices as well
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