Should We Get Rid Of Pennies Research Paper

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Should we get rid of pennies, why or why not? People think pennies are worthless, some people say we should get rid of pennies. Reasons are pennies cost more than what they are worth,pennies are useless,and lastly we lose lots of money due to the production of pennies.

Firstly, pennies cost more than what they are worth. In the text “Penny Wisse, or 2.4 Cents Foolish?” it states, “Pennies cost more to produce than they are worth”(Sommer,source#1). Furthermore, in the text ‘’The Ever-Changing Penny” it states “...the penny still cost the U.S just over 1.8 cents to produce.”(Story,source#4). This evidence shows that pennies cost more to produce than what they are worth. It also shows how a penny is only worth 1 cent, but the cost of production is 1.8 cents.
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In the text “Penny Wise, or 2.4 Cents Foolish?” It states “We often store them in jars, throw them away in water fountains, or refuse them for change”(Sommer,source#1). Adding on to this in the same text it states “Pennies take up too much space on our dressers at home”(Sommer,source#1). This is saying that we just don’t need pennies, we just throw them in fountains because we don’t use them as often as quarters or nickels and dimes and we just forget about