What is the smallest and least valuable coin used in your country? Could you imagine your currency without that coin? Should we remove these small value coins from our money?

Let’s discuss this topic, while learning lots of economic vocabulary, in today’s episode of Thinking in English!

TRANSCRIPT - https://thinkinginenglish.blog/2024/07/22/306-pennies-cents-and-small-change-a-waste-of-money-english-vocabulary-lesson/

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Vocabulary

• Penny (Noun): A small denomination coin worth one cent in the US or one pence in the UK.
• Coin (Noun): A small, flat, round piece of metal used as money.
• Currency (Noun): The system of money in general use in a particular country.
• Denomination (Noun): The value assigned to a particular coin or note.
• Circulation (Noun): The availability of money or coins in use within an economy.
• To round (Verb): Adjusting a number to the nearest higher (round up) or lower value (round down).
• Cumulative (Adjective): Gradually increasing or growing by successive additions.