Benjamin Franklin and the Birth of a Paper Money Economy
Learn about the history of paper money in the United States.
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16-30 min
When a Penny Costs More Than a Penny: The Economics Behind Ending the Cent
OVERVIEW
This Page One Economics® article explains why the U.S. ended penny production, highlighting the difference between the coin’s face value and the increased cost of producing it. It also discusses declining cash use and how rounding will guide cash transactions without the one-cent coin. Print the article.
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