In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
Recently the phenomenon of using credit cards instead of cash and its corresponding impacts has sparked a heated debate. Although contested by many that using electronic payment is highly rewarding, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I highly inclined to believe that electronic methods could be beneficial and this essay will examine both sides by providing academic evidence before concluding.
On the one hand, from financial and economic standpoint, using e-payment can bring many noticeable benefits to the society which rooted in increasing security in trade. Furthermore, with regard to the international banking system, using debit and credit cards could be a suitable replacement for cash. According to an academic research conducted by Melbourne University, online shopping could decrease traffic jam and save more times for people which conclusively lead to reducing air pollution. Thus, beneficial ramifications both socially and environmentally can be seen.
On the other hand, some opponents stand against the idea of using online payment services. They using a valid logic to support their argument about unsecured credit card systems which related to some electronic attacks happen time by time through the Internet. Moreover, due to some technical survey that taking part by a prestigious financial institution in 2016, cyber-attack has become a serious issue during these days which could lead to financial collapse for many businesses or even ordinary people as an investor. Yet, with technological advancements, these threats could have lessened every day.
To recapitulate, I pen down saying that using credit systems instead of cash could be beneficial and its advantages far outweigh its drawbacks. However, governments should have risen the public awareness about possible dangers and frauds which may happen to them.
Transition Words or Phrases used:
furthermore, however, if, may, moreover, so, thus, with regard to, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 6.0 10.5418719212 57% => More to be verbs wanted.
Auxiliary verbs: 11.0 6.10837438424 180% => OK
Conjunction : 10.0 8.36945812808 119% => OK
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 15.0 20.9802955665 71% => OK
Preposition: 37.0 31.9359605911 116% => OK
Nominalization: 8.0 5.75862068966 139% => OK
Performance on vocabulary words:
No of characters: 1635.0 1207.87684729 135% => OK
No of words: 288.0 242.827586207 119% => OK
Chars per words: 5.67708333333 5.00649968141 113% => OK
Fourth root words length: 4.11953428781 3.92707691288 105% => OK
Word Length SD: 2.95994470656 2.71678728327 109% => OK
Unique words: 183.0 139.433497537 131% => OK
Unique words percentage: 0.635416666667 0.580463131201 109% => OK
syllable_count: 512.1 379.143842365 135% => 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: 0.0 1.56157635468 0% => OK
Subordination: 1.0 1.71428571429 58% => 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: 22.0 20.5024630542 107% => OK
Sentence length SD: 49.1009104629 50.4703680194 97% => OK
Chars per sentence: 125.769230769 104.977214359 120% => OK
Words per sentence: 22.1538461538 20.9669160288 106% => OK
Discourse Markers: 6.46153846154 7.25397266985 89% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 9.0 6.9802955665 129% => OK
Sentences with negative sentiment : 4.0 2.75862068966 145% => OK
Sentences with neutral sentiment: 0.0 2.91625615764 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.143505100656 0.242375264174 59% => OK
Sentence topic coherence: 0.0484321412459 0.0925447433944 52% => OK
Sentence topic coherence SD: 0.0403248220333 0.071462118173 56% => OK
Paragraph topic coherence: 0.0861379469325 0.151781067708 57% => OK
Paragraph topic coherence SD: 0.0160618363646 0.0609392437508 26% => 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: 16.4 12.6369458128 130% => OK
flesch_reading_ease: 32.22 53.1260098522 61% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 14.2 10.9458128079 130% => OK
coleman_liau_index: 15.66 11.5310837438 136% => OK
dale_chall_readability_score: 10.05 8.32886699507 121% => OK
difficult_words: 97.0 55.0591133005 176% => OK
linsear_write_formula: 12.0 9.94827586207 121% => OK
gunning_fog: 10.8 10.3980295567 104% => OK
text_standard: 12.0 10.5123152709 114% => OK
What are above readability scores?
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Rates: 80.0 out of 100
Scores by essay e-grader: 72.0 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.