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?
In this modern era, there is an ongoing deliberation among people on cashless society. Some people argue that cashless society gives more advantages compared to its disadvantages, on my point of view I think being a part of a cashless society is beneficial. In this essay, I shall discuss factors strengthening my argument while analyzing all factors effecting it.
First and foremost, there are myriad of advantages of being cashless such as confidentiality, security and availability of funds. For example, people do not have to carry cash on hand to meet their daily requirements, since they can use their debit/ credit cards for payment. Moreover, this will increase convenience and provide security for the funds. In addition, credit cards provide loans when you are in insufficient cash position which is beneficial in an urgency.
On the other hand, some people do not prefer to use credit cards, because there is a risk of losing all your money if the card is stolen. For instance, the 2008 recession was occurred due to unlimited credit provided to the society in a way of loans and credit cards. Furthermore, credit cards influence people to spend more, irrespective of the income they have.
In conclusion, it is recommended to use credit cards by knowing the credit limits and the requirements in a great care to avoid adverse effects to both society and individuals. It is believed, that governments need to take necessary action to mitigate the risk of credit card misuse. This move will help to transfer funds to all over the world, therefore people can expand their businesses through online shopping which is a great boost to the economy.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2020-05-12 | Cheyi1127 | 77 | view |
| 2019-03-30 | Kushi | 92 | view |
| 2018-11-25 | butterboy | 79 | view |
| 2018-10-24 | joyspacechou0130 | 94 | view |
| 2018-09-11 | bashirheidari | 89 | view |
- There are many different types of music in the world today. Why do we need music? Is the traditional music of a country more important than the International music that is heard everywhere nowadays? 73
- Should Foreign Languages Be Made Compulsory in the Primary School 77
- During a recent plane journey, you sat next to a businessman who owns a chain of restaurants. You talked to him and he suggested that you should contact him about a possible job in one of his restaurants.Write a letter to this businessman. In your letterR 87
- students choose universities where near home or students choose universities that are far away from home 88
- Investing in Science 72
Transition Words or Phrases used:
first, furthermore, if, moreover, so, then, therefore, while, for example, for instance, i think, in addition, in conclusion, such as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 10.5418719212 123% => OK
Auxiliary verbs: 6.0 6.10837438424 98% => OK
Conjunction : 6.0 8.36945812808 72% => OK
Relative clauses : 5.0 5.94088669951 84% => OK
Pronoun: 21.0 20.9802955665 100% => OK
Preposition: 41.0 31.9359605911 128% => OK
Nominalization: 8.0 5.75862068966 139% => OK
Performance on vocabulary words:
No of characters: 1391.0 1207.87684729 115% => OK
No of words: 276.0 242.827586207 114% => OK
Chars per words: 5.03985507246 5.00649968141 101% => OK
Fourth root words length: 4.07593519647 3.92707691288 104% => OK
Word Length SD: 2.84819253091 2.71678728327 105% => OK
Unique words: 157.0 139.433497537 113% => OK
Unique words percentage: 0.56884057971 0.580463131201 98% => OK
syllable_count: 437.4 379.143842365 115% => OK
avg_syllables_per_word: 1.6 1.57093596059 102% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 4.6157635468 130% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 2.0 1.71428571429 117% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 7.0 3.65517241379 192% => OK
Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 31.1839360861 50.4703680194 62% => OK
Chars per sentence: 107.0 104.977214359 102% => OK
Words per sentence: 21.2307692308 20.9669160288 101% => OK
Discourse Markers: 11.6923076923 7.25397266985 161% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 11.0 6.9802955665 158% => OK
Sentences with negative sentiment : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 2.91625615764 34% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.360024079782 0.242375264174 149% => OK
Sentence topic coherence: 0.109597665993 0.0925447433944 118% => OK
Sentence topic coherence SD: 0.0772127544664 0.071462118173 108% => OK
Paragraph topic coherence: 0.196466954648 0.151781067708 129% => OK
Paragraph topic coherence SD: 0.0554832248218 0.0609392437508 91% => OK
Essay readability:
automated_readability_index: 12.9 12.6369458128 102% => OK
flesch_reading_ease: 50.16 53.1260098522 94% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 11.5 10.9458128079 105% => OK
coleman_liau_index: 11.95 11.5310837438 104% => OK
dale_chall_readability_score: 8.68 8.32886699507 104% => OK
difficult_words: 70.0 55.0591133005 127% => OK
linsear_write_formula: 12.0 9.94827586207 121% => OK
gunning_fog: 10.4 10.3980295567 100% => OK
text_standard: 12.0 10.5123152709 114% => OK
What are above readability scores?
---------------------
Rates: 77.7777777778 out of 100
Scores by essay e-grader: 70.0 Out of 90
---------------------
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.