What is a Penny made from?
Answer: In 1792 a 1-cent Penny was made of 100% pure Copper but thanks to inflation the Penny is now 5% Copper and 95% Zinc.
Do you know the price of making a 1-cent Penny?
Answer: It cost the U.S Government 1.8 cents to make a Penny.
Watch the short video below; it has some great information about Pennies and it explains why Pennies are economically inefficient and why they should be abolished.
Do you agree? Disagree?