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Why We Should Keep The Penny

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Words: 565 |

Pages: 1|

3 min read

Published: Feb 15, 2024

Words: 565|Pages: 1|3 min read

Published: Feb 15, 2024

As we navigate through our daily lives, we often overlook some of the smallest things that make a significant impact. One such overlooked object is the humble penny. Some argue that we should abolish the penny due to its limited value and the cost of producing it, but I firmly believe that we should continue to keep the penny in circulation. The penny serves as a symbol of our history, promotes charitable giving, and has practical uses in everyday life.

Firstly, the penny is a symbol of our history and culture. Since its introduction in 1909, the penny has become deeply rooted in American society. Its design, featuring Abraham Lincoln, pays homage to one of our greatest presidents and serves as a constant reminder of the values he embodied: honesty, integrity, and equality. By eliminating the penny, we would be erasing an important part of our national heritage, disregarding the significance it holds for millions of Americans.

In addition, the penny has played an instrumental role in shaping our economy. It is a tangible representation of our monetary system and serves as a symbol of the strength and stability of our currency. By removing the penny from circulation, we risk undermining the confidence and trust that people have in our monetary system, potentially leading to repercussions in our overall economy.

Secondly, the penny encourages charitable giving and fosters a sense of empathy. Despite its low value, the penny can generate tremendous social impact when used for charitable purposes. The concept of "penny drives" and fundraisers has long been a cherished tradition in schools, community organizations, and even multinational corporations. Donating pennies may seem insignificant, but when combined with the efforts of others, they can make a substantial difference in the lives of those in need.

Furthermore, the act of giving away pennies encourages empathy and compassion. It teaches individuals, especially young children, the importance of helping others, no matter how small the contribution may seem. By keeping the penny in circulation, we continue to instill these values in future generations, creating a more compassionate society.

Lastly, the penny has practical uses in everyday life. Although the penny may seem insignificant in terms of its monetary value, it has numerous practical applications. For instance, it provides an essential tool for financial transactions, especially in cases where exact change is needed. Eliminating the penny would disrupt the delicate balance of our everyday transactions, forcing individuals to round up or down, leading to confusion and potential economic inequalities.

Beyond financial transactions, the penny also serves as a useful educational tool. For young children, learning to count using pennies is an essential step in developing their numeracy skills. It provides a tangible and hands-on experience that aids in their understanding of basic math concepts. By removing the penny, we would be depriving future generations of this valuable educational resource.

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In conclusion, the penny should be retained in our currency system. Its historical and cultural significance, its ability to promote charitable giving and empathy, and its practical uses in everyday life all contribute to its importance. Rather than focusing solely on its monetary value or production costs, we should recognize the broader impact that the penny has on our society. By keeping the penny, we uphold our nation's heritage, foster a sense of compassion, and maintain the practicality it provides. Let us not overlook the value of something so small yet so integral to our nation's identity.

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Why We Should Keep the Penny. (, ). GradesFixer. Retrieved November 2, 2024, from https://gradesfixer.com/free-admission-essays/why-we-should-keep-the-penny/
“Why We Should Keep the Penny.” GradesFixer, , gradesfixer.com/free-admission-essays/why-we-should-keep-the-penny/
Why We Should Keep the Penny. [online]. Available at: <https://gradesfixer.com/free-admission-essays/why-we-should-keep-the-penny/> [Accessed 2 Nov. 2024].
Why We Should Keep the Penny [Internet]. GradesFixer. [cited 2024 Nov 2]. Available from: https://gradesfixer.com/free-admission-essays/why-we-should-keep-the-penny/
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