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 banking credit card and corresponding impact has sparked a heated debate. Although contested by many that matter of the is highly beneficial, such issue is regarded thoroughly both constructive and positive by the substantial number of individuals. I am inclined to believe that the cashless society can be a plus.

From a social standpoint, money transformation in the cashless atmosphere can provide the society with some noticeable effects which are rooted in the fact that the merits of financial transaction, as well as a plastic card, are inextricably bound up. According to my own experience, when I was the university student, I performed an academic experiment which discovered secured credit facility. Thus, beneficial ramifications of both electronic banking and charge cards apparently can be seen.

Within the realm of science, revolving credit might increase the consequences of a bank card, Moreover fundamental aspects of currency exchanges could relate to this reality that the demerits of paper money pertain to a suspense account. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of debit note is correlated negatively with bank book. Hence, it is correct to presume the preconceived notion of online shopping.

To conclude, while there are several compelling on both sides, I profoundly believe that the benefits of banking deposit card far outweigh its drawbacks. Not only do the advantages of cashless society prove the significance of credit card, but also pinpoint secured network implications.

Votes
Average: 8 (1 vote)
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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: 5.0 6.10837438424 82% => OK
Conjunction : 4.0 8.36945812808 48% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 14.0 20.9802955665 67% => OK
Preposition: 31.0 31.9359605911 97% => OK
Nominalization: 6.0 5.75862068966 104% => OK

Performance on vocabulary words:
No of characters: 1378.0 1207.87684729 114% => OK
No of words: 248.0 242.827586207 102% => OK
Chars per words: 5.5564516129 5.00649968141 111% => OK
Fourth root words length: 3.96837696647 3.92707691288 101% => OK
Word Length SD: 3.1392417412 2.71678728327 116% => OK
Unique words: 161.0 139.433497537 115% => OK
Unique words percentage: 0.649193548387 0.580463131201 112% => OK
syllable_count: 436.5 379.143842365 115% => 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: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 11.0 12.6551724138 87% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 58.0068391522 50.4703680194 115% => OK
Chars per sentence: 125.272727273 104.977214359 119% => OK
Words per sentence: 22.5454545455 20.9669160288 108% => OK
Discourse Markers: 7.0 7.25397266985 96% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => 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: 2.0 2.91625615764 69% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.102451280387 0.242375264174 42% => OK
Sentence topic coherence: 0.0379090893838 0.0925447433944 41% => OK
Sentence topic coherence SD: 0.0438006427026 0.071462118173 61% => OK
Paragraph topic coherence: 0.0623522968105 0.151781067708 41% => OK
Paragraph topic coherence SD: 0.0211511701721 0.0609392437508 35% => 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: 16.0 12.6369458128 127% => 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: 15.26 11.5310837438 132% => OK
dale_chall_readability_score: 10.59 8.32886699507 127% => OK
difficult_words: 92.0 55.0591133005 167% => OK
linsear_write_formula: 11.5 9.94827586207 116% => OK
gunning_fog: 10.8 10.3980295567 104% => OK
text_standard: 11.0 10.5123152709 105% => 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.