901_Ind4_S2

Name: Maria Barajas

Instructions: Now that you have proven that there is a problem, you must research possible solutions to the problem. You must turn in this research sheet completed with two articles attached that show possible solutions and why they would work

III. There are many possible solutions to this problem. The possible solutions are: (Two articles must be attached and annotated bibliography)

To abolish the penny and to make sure to use different methods of production that is change the metal that makes the penny. It is used in few occasions. Plus it cost more to make the penny. Anually there are ten million shiny pennies made that are useless because many people don’t use them. They usually end up on the streets on the inside of couches.

IV. The solution I (we) propose is: (This section will become your proposed legislation. Be sure to include what agency will implement your law, proposed cost if any and effective date)

The solution to the bill HB901 is complete elimination of the penny. This issue regards the Treasury Department's jurisdiction. The usage of the penny is very minimal. It is not accepted in bending machines or in toll booths. Eliminating it will make the nickel boom. The penny is made of zinc which is a metal which is mainly financed by Canadian mines. If the metal were copper it can be supplied by mines from Arizona.

V. I (we) think this solution will work because: (You must use factual information to prove your solution will work)

Rounding to five cents instead of one cent will round down to .95 takes. This will save consumers billions of paper dollars over the next century. Retailers can save over 2,000 a year by not having to deal with pennies. Also the time spent at stores counting one cent coins will completely be saved with the abolishment of the penny.

__Sources:__ Penzo, Len. “Is It Finally Time to Get Rid of the Penny?” //Len Penzo Dot Com//. Len Penzo, Apr.-May 2009. Web. 19 Feb. 2011. . Len Prenzo is an economic blogger. He provides evidence to prove his point, to abolish the penny. He argues that it is worthless because nowadays it is imposible to find anyt hing worth a penny. Also he talks about the costs of production for the tiny coins.

Safire, William. “Abolish the Penny.” //New York Times// [New WOrk, N.Y.] 2 June 2004, A.19 sec.: n. pag. //ProQuest//. Web. 18 Feb. 2011. . Safire talks about the history of the penny. It also talks about the making of the penny and why it is beneficial to abolish it. Finally it gives scenarios of the usage and abolition of the penny