Some people say the penny is no longer needed. This week, Kid Scoop lets each side of the penny debate give their two cents on the subject.
No more pennies!
Penny haters say the coin is no longer needed. They say it costs more than a penny to make a penny. They think rounding prices to the nearest nickel makes more sense.
Penny Power!
Penny supporters say that rounding prices to the nearest nickel would make people pay more at the store.
World Without Pennies
Imagine you had to round each price to the nearest nickel. Look through today’s newspaper and round prices to the nearest nickel. People who support the penny say that when prices are rounded to the nearest nickel, people would end up paying more for everyday products.
What do you think?
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Kid Scoop Money Matters ebook
Financial Literacy is a must for students to be smart consumers and understand how economics affects their lives. When the topic is money, suddenly students find math interesting and relevant.
This e-book includes 36 reproducible interactive activity pages centered around 6 topics on a theme of Financial Literacy.