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Nov 10, 2014

Should We Get Rid of the Penny?

Everyone knows that a penny is worth one cent. But do you know how much it costs to make a penny? Almost two cents! That’s one reason many people think the U.S. should stop minting, or producing, pennies.

Pennies are made from zinc and copper. In recent years, the prices of those metals have increased. As a result, the cost of producing a penny has more than doubled since 2000.

People who support the idea of eliminating the penny point out that the U.S. wouldn’t be the first country to do so. Canada, New Zealand, and Australia are a few of the countries that have already ditched their lowest-value coins.

However, in a recent survey, three out of four Americans polled said they don’t think we should drop the penny. Many people argue that without the penny, stores would round up prices on many items, so shoppers would end up paying more. Mark Weller, the head of a group called Americans for Common Cents, says this would “negatively impact working families.”

What do you think?

STUDENTS: What do you think?
What grade are you in?
Are you a boy or a girl?
What state are you from?

TEACHERS: Vote as a class!
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Girls

YES

NO

What grade are you in?
What state are you from?



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