Expensive Pennies
* The penny, the one-cent coin of the United States, has been a staple of American currency since its introduction in 1793.
* The production of pennies at a loss began in earnest during the early 2000s. The rise in cost from 2006-2024 was:
2006…1.20 cents
2010…1.79
2011…2.41
2023…2.72
2024…Not available
* Estimates suggest that over the past two decades, the total loss from penny production has amounted to hundreds of millions of dollars.
* Why did the United States allow a process to run at a financial loss for 19 years (2006-2025), before deciding to shut it down?
NO COMMON SENSE
ANALYZE THE EXAMPLE
* Which supports and barriers were in play?
* What were the dynamics?
* Who, or What, won the Tug-of-War?
* Discuss the outcome with your friends and family.
* Use Post #4 as a reference for the relationships and dynamics between supports and barriers.