In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
In today's world credit card plays a significant role in every individual life and its need of the hour. Some people argue that down the line society will be completely cashless. Others think that it's inevitable without currency. This essay will discuss both the merits and demerits of using the card and then come to the logical conclusion of it.
In current modern and technological society, we cannot imagine a life without credit cards because initially, people have to carry physical money where ever they were traveling. Now people can move hassle-free without any concern or burden to carry money. Moreover, it incorporates other benefits like we can buy anything infraction of sec by just swiping it. Numerous online merchandise websites, like Flipkart, Amazon always provides some offer those carry certain cards. For instance, a recent survey of Central Bank of India shows that after becoming less dependent on physical money India growth rate comparatively faster.
Every coin has two sides. Similarly, there are a few major drawbacks of using plastic money. First and foremost is the security threat. Tech-savvy thieves nowadays can easily clone cards and theft money from your bank account. Additionally, Banks is deducting heavy hidden charges and as a consequence of that users have to end up and to repay the huge sum of bills. For example, According to reports from a consortium of banks, there is a 50 percent rise in online crime in 2018-2019.
To recapitulate, there are innumerable advantages of cards which outweigh disadvantages. People have to be vigilant and cautious while using it for shopping, withdrawing money and paying a bill.
Transition Words or Phrases used:
first, if, moreover, similarly, so, then, while, for example, for instance
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 8.0 10.5418719212 76% => OK
Auxiliary verbs: 7.0 6.10837438424 115% => OK
Conjunction : 11.0 8.36945812808 131% => OK
Relative clauses : 6.0 5.94088669951 101% => OK
Pronoun: 16.0 20.9802955665 76% => OK
Preposition: 36.0 31.9359605911 113% => OK
Nominalization: 3.0 5.75862068966 52% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1405.0 1207.87684729 116% => OK
No of words: 269.0 242.827586207 111% => OK
Chars per words: 5.22304832714 5.00649968141 104% => OK
Fourth root words length: 4.0498419064 3.92707691288 103% => OK
Word Length SD: 2.72905499881 2.71678728327 100% => OK
Unique words: 180.0 139.433497537 129% => OK
Unique words percentage: 0.669144981413 0.580463131201 115% => OK
syllable_count: 444.6 379.143842365 117% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 4.6157635468 65% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 0.0 1.71428571429 0% => More adverbial clause wanted.
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 5.0 3.65517241379 137% => OK
Performance on sentences:
How many sentences: 17.0 12.6551724138 134% => OK
Sentence length: 15.0 20.5024630542 73% => The Avg. Sentence Length is relatively short.
Sentence length SD: 38.3575421275 50.4703680194 76% => OK
Chars per sentence: 82.6470588235 104.977214359 79% => OK
Words per sentence: 15.8235294118 20.9669160288 75% => OK
Discourse Markers: 4.35294117647 7.25397266985 60% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 7.0 2.75862068966 254% => Less negative sentences wanted.
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: 0.137674414096 0.242375264174 57% => OK
Sentence topic coherence: 0.0363288234086 0.0925447433944 39% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0384131144807 0.071462118173 54% => OK
Paragraph topic coherence: 0.0801748550438 0.151781067708 53% => OK
Paragraph topic coherence SD: 0.0382038973839 0.0609392437508 63% => OK
Essay readability:
automated_readability_index: 11.1 12.6369458128 88% => Automated_readability_index is low.
flesch_reading_ease: 47.79 53.1260098522 90% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 10.3 10.9458128079 94% => OK
coleman_liau_index: 12.7 11.5310837438 110% => OK
dale_chall_readability_score: 9.19 8.32886699507 110% => OK
difficult_words: 82.0 55.0591133005 149% => OK
linsear_write_formula: 8.5 9.94827586207 85% => OK
gunning_fog: 8.0 10.3980295567 77% => OK
text_standard: 11.0 10.5123152709 105% => 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.