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 phenomenon of a cashless society and its corresponding impact has sparked a heated debate. Although contested by many that the matter of money market is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that a plastic card can be a plus, and I will analyse that throughout this essay.

From a financial standpoint, a bank card can provide society with some noticeable effects which are rooted in the fact that the merits of financial transactions, as well as secured credit facility, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered real financial benefits. Thus, beneficial ramifications of both online money and financial organisation apparently can be seen.

Within the realm of science, an electronic card might increase the consequences of payment services. Moreover, fundamental aspects of shopping online could relate to this reality that the demerits of online transactions pertain to hacking the bank details. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of unsecured credit is correlated negatively with the client’s bank account. Hence, it is correct to presume the preconceived notion of feeling insecure.

To recapitulate, while there are several compelling arguments on both sides, I profoundly believe that the benefits of credit card far outweigh its drawbacks. Not only do the advantages of electronic banking prove the significance of payment methods, but also pinpoint social implications.

Votes
Average: 7.7 (1 vote)
Essay Categories
Essays by the user:

Comments

Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, so, thus, well, while, as well as

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

Performance on Part of Speech:
To be verbs : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 6.0 6.10837438424 98% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 31.0 31.9359605911 97% => OK
Nominalization: 7.0 5.75862068966 122% => OK

Performance on vocabulary words:
No of characters: 1449.0 1207.87684729 120% => OK
No of words: 257.0 242.827586207 106% => OK
Chars per words: 5.63813229572 5.00649968141 113% => OK
Fourth root words length: 4.00390054096 3.92707691288 102% => OK
Word Length SD: 3.25352329935 2.71678728327 120% => OK
Unique words: 165.0 139.433497537 118% => OK
Unique words percentage: 0.642023346304 0.580463131201 111% => OK
syllable_count: 460.8 379.143842365 122% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 3.0 1.56157635468 192% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 43.5928128633 50.4703680194 86% => OK
Chars per sentence: 120.75 104.977214359 115% => OK
Words per sentence: 21.4166666667 20.9669160288 102% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => 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 : 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: 0.0821335244832 0.242375264174 34% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0269403280007 0.0925447433944 29% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0287720511638 0.071462118173 40% => Sentences are similar to each other.
Paragraph topic coherence: 0.0477010130097 0.151781067708 31% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0209324795263 0.0609392437508 34% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.

Essay readability:
automated_readability_index: 15.8 12.6369458128 125% => OK
flesch_reading_ease: 33.24 53.1260098522 63% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.8 10.9458128079 126% => OK
coleman_liau_index: 15.43 11.5310837438 134% => OK
dale_chall_readability_score: 10.7 8.32886699507 128% => OK
difficult_words: 98.0 55.0591133005 178% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 10.4 10.3980295567 100% => 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.