In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Essay topics:

In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Recently, the cashless society has sparked an ongoing controversy, which inevitably leads to a moot question "what are the advantages and disadvantages of this phenomenon?". Whereas it is a widely held view that being a cashless community could be highly beneficial, I will discuss controversial aspects of that throughout this essay.

From the socio-economic standpoint, being cashless societies are bound up with using credit cards, which indicates they lead to both international trade and greater shopping experience. As a well-known example, a longitudinal study conducted by eminent scientists in 2014 demonstrates the relationship between e-banking and e-commerce as well as an exponential increase in the online shopping. Consequently, my empirical evidence presented thus far supports the contention that the likelihood of money is correlated positively with not only international transaction but also improving society economy.

Within the realm of the technology, without the slightest doubt, omitting money systems attribute to the new technology, in that it would come down to the state-of- the-art technology, the computerization, and online transactions. A salient example of such attribution is monetary systems, which is a cause for concern since it was mistaken to take the automation for granted. Hence, it is reasonable to infer the pivotal role of paying online in the cashless electronic society.

To conclude, as for myself, as the saying goes "all's well that ends well," after analyzing what elaborated above, I firmly believe that using credit cards provide the better monetary system. However, with the benefit of hindsight, we conceive the more we research, the further we discover.

Votes
Average: 8.8 (1 vote)
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Comments

Grammar and spelling errors:
Line 7, column 78, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , &apos
...ying goes 'alls well that ends well,' after analyzing what elaborated above,...
^^^^^^

Transition Words or Phrases used:
also, but, consequently, hence, however, so, thus, well, whereas, as for, as well as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 11.0 10.5418719212 104% => OK
Auxiliary verbs: 3.0 6.10837438424 49% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 20.0 20.9802955665 95% => OK
Preposition: 33.0 31.9359605911 103% => OK
Nominalization: 8.0 5.75862068966 139% => OK

Performance on vocabulary words:
No of characters: 1484.0 1207.87684729 123% => OK
No of words: 258.0 242.827586207 106% => OK
Chars per words: 5.7519379845 5.00649968141 115% => OK
Fourth root words length: 4.00778971557 3.92707691288 102% => OK
Word Length SD: 3.33086261417 2.71678728327 123% => OK
Unique words: 171.0 139.433497537 123% => OK
Unique words percentage: 0.662790697674 0.580463131201 114% => OK
syllable_count: 458.1 379.143842365 121% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 4.6157635468 108% => OK
Article: 5.0 1.56157635468 320% => Less articles wanted as sentence beginning.
Subordination: 4.0 1.71428571429 233% => Less adverbial clause wanted.
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 7.0 3.65517241379 192% => OK

Performance on sentences:
How many sentences: 10.0 12.6551724138 79% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 25.0 20.5024630542 122% => The Avg. Sentence Length is relatively long.
Sentence length SD: 42.6703644231 50.4703680194 85% => OK
Chars per sentence: 148.4 104.977214359 141% => OK
Words per sentence: 25.8 20.9669160288 123% => OK
Discourse Markers: 8.4 7.25397266985 116% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => 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: 0.215091488483 0.242375264174 89% => OK
Sentence topic coherence: 0.0673921112154 0.0925447433944 73% => OK
Sentence topic coherence SD: 0.0742301146676 0.071462118173 104% => OK
Paragraph topic coherence: 0.106743144338 0.151781067708 70% => OK
Paragraph topic coherence SD: 0.0659042886237 0.0609392437508 108% => OK

Essay readability:
automated_readability_index: 18.6 12.6369458128 147% => OK
flesch_reading_ease: 29.18 53.1260098522 55% => Flesch_reading_ease is low.
smog_index: 13.0 6.54236453202 199% => OK
flesch_kincaid_grade: 15.4 10.9458128079 141% => OK
coleman_liau_index: 16.37 11.5310837438 142% => OK
dale_chall_readability_score: 10.75 8.32886699507 129% => OK
difficult_words: 96.0 55.0591133005 174% => OK
linsear_write_formula: 16.5 9.94827586207 166% => OK
gunning_fog: 12.0 10.3980295567 115% => OK
text_standard: 17.0 10.5123152709 162% => 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.