Cashless society is becoming a reality. More and more people are using credit cards for payment, and less
people use cash. How realistic do you think it is and do you think it is beneficial or problematic?
Modernity has changed different aspects of human beings' lives, one of which is their attitude toward a cashless society which has been widely debated, especially during the last decade. While some believe that using credit cards is a negative development, I am not convinced that its advantages are deniable. From my vantage point, beneficial outcomes of credit cards comprising the ease in financial transactions as well as improving economic conditions are inevitable.
Those who advocate a cashless banking state that it plays a significant role in financial trades, which contributes to economic prosperity. As a result, both international investments and local businesses may be reinforced, and result in an ease in sales and purchases influencing diverse facets of the society. Moreover, a wide range of research has been conducted to study the positive impacts of cashless machines on banks, and their concrete evidence is remarkable.
Not only does a cashless financial transaction have a critical influence on economic growth, but also the fundamental essence of a digital age emphasizes the significance of cashless payments. In other words, although vast number of measures should be considered to indicate and monitor probable consequences, some vital and crucial notions including stocks and currency exchanges cannot be underestimated. Take the bit coin which emerges as a result of digital cash for example.
To conclude, while a cashless economy may have a widespread adverse effect on hard cash, advantages open up new horizons for changes and progresses not only in financial turnover but also in a country’s finances, which affects essential parts of the society foundation. If so, undergoing a paradigm shift will be inevitable.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-06-23 | m4nnyfr3sh | 77 | view |
| 2019-05-28 | Rahul Luthra | 65 | view |
| 2019-05-28 | Rahul Luthra | 55 | view |
| 2019-05-21 | rizwan964 | 75 | view |
| 2019-05-10 | manussekhar | 77 | view |
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Transition Words or Phrases used:
also, but, if, may, moreover, so, well, while, for example, as a result, as well as, in other words
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 10.5418719212 104% => OK
Auxiliary verbs: 5.0 6.10837438424 82% => OK
Conjunction : 10.0 8.36945812808 119% => OK
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 10.0 20.9802955665 48% => OK
Preposition: 29.0 31.9359605911 91% => OK
Nominalization: 7.0 5.75862068966 122% => OK
Performance on vocabulary words:
No of characters: 1489.0 1207.87684729 123% => OK
No of words: 270.0 242.827586207 111% => OK
Chars per words: 5.51481481481 5.00649968141 110% => OK
Fourth root words length: 4.05360046442 3.92707691288 103% => OK
Word Length SD: 3.1076016361 2.71678728327 114% => OK
Unique words: 175.0 139.433497537 126% => OK
Unique words percentage: 0.648148148148 0.580463131201 112% => OK
syllable_count: 482.4 379.143842365 127% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 4.6157635468 43% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 3.0 0.931034482759 322% => Less conjunction wanted as sentence beginning.
Preposition: 3.0 3.65517241379 82% => OK
Performance on sentences:
How many sentences: 11.0 12.6551724138 87% => OK
Sentence length: 24.0 20.5024630542 117% => OK
Sentence length SD: 59.094405491 50.4703680194 117% => OK
Chars per sentence: 135.363636364 104.977214359 129% => OK
Words per sentence: 24.5454545455 20.9669160288 117% => OK
Discourse Markers: 9.0 7.25397266985 124% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 6.0 6.9802955665 86% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 3.0 2.91625615764 103% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.101726418877 0.242375264174 42% => OK
Sentence topic coherence: 0.0376688471682 0.0925447433944 41% => OK
Sentence topic coherence SD: 0.0320217714926 0.071462118173 45% => Sentences are similar to each other.
Paragraph topic coherence: 0.0607454812469 0.151781067708 40% => OK
Paragraph topic coherence SD: 0.0331843203229 0.0609392437508 54% => OK
Essay readability:
automated_readability_index: 16.8 12.6369458128 133% => OK
flesch_reading_ease: 30.2 53.1260098522 57% => Flesch_reading_ease is low.
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 15.0 10.9458128079 137% => OK
coleman_liau_index: 14.97 11.5310837438 130% => OK
dale_chall_readability_score: 10.68 8.32886699507 128% => OK
difficult_words: 100.0 55.0591133005 182% => OK
linsear_write_formula: 12.5 9.94827586207 126% => OK
gunning_fog: 11.6 10.3980295567 112% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 Out of 90
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.