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Preserving the penny keeps consumer prices down and avoids harming low-income households. A penny can be used for decades and is more cost-efficient to produce than a nickel. The existence of pennies helps raise a lot of money for charities.
Answer:
A system of government by one person with absolute power.
Federalism is the distribution of power between a central authority and constituent units, such as the federal government in Washington DC and the states. Article V of the constitution allows for the creation of constitutional amendments via an act of Congress, or by the application of a majority of the states. In this case, both the states and the central authority are able to make necessary changes without the consent of the other.