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 investment bankers is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that social payments can be a plus, and I will analyze that throughout this essay.

From a social standpoint, using credit cards can provide the society with some noticeable effects which are rooted in the fact that merits of bank cards, as well as bank accounts, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered modern societies. Thus, beneficial ramifications of both bank tellers and credit cards apparently can be seen.
Within the realm of economics, using more credit cards might increase the consequences of financial transactions Moreover, fundamental aspects of paper money could relate to this reality that the demerits of short-term credit pertain to payment services. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of demand accounts is correlated negatively with cardholders. Hence, it is correct to presume the preconceived notion of charge cards.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of cashless societies far outweigh its drawbacks. Not only do the advantages of shopping online prove the significance of unsecured credit, but also pinpoint money markets implications.

Votes
Average: 8.5 (1 vote)
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Comments

Grammar and spelling errors:
Line 6, column 209, Rule ID: PROVE_PROOF[2]
Message: Did you mean 'proof' (noun) instead of prove (verb)?
Suggestion: proof
...ly do the advantages of shopping online prove the significance of unsecured credit, b...
^^^^^

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: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1407.0 1207.87684729 116% => OK
No of words: 251.0 242.827586207 103% => OK
Chars per words: 5.60557768924 5.00649968141 112% => OK
Fourth root words length: 3.98032404683 3.92707691288 101% => OK
Word Length SD: 3.13946245468 2.71678728327 116% => OK
Unique words: 168.0 139.433497537 120% => OK
Unique words percentage: 0.669322709163 0.580463131201 115% => OK
syllable_count: 439.2 379.143842365 116% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 1.0 1.56157635468 64% => 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: 11.0 12.6551724138 87% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 52.6295332356 50.4703680194 104% => OK
Chars per sentence: 127.909090909 104.977214359 122% => OK
Words per sentence: 22.8181818182 20.9669160288 109% => OK
Discourse Markers: 7.0 7.25397266985 96% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 6.0 6.9802955665 86% => OK
Sentences with negative sentiment : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 4.0 2.91625615764 137% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.18772370253 0.242375264174 77% => OK
Sentence topic coherence: 0.0560624589634 0.0925447433944 61% => OK
Sentence topic coherence SD: 0.0468621653205 0.071462118173 66% => OK
Paragraph topic coherence: 0.0951701324233 0.151781067708 63% => OK
Paragraph topic coherence SD: 0.0266025197544 0.0609392437508 44% => 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: 40.69 53.1260098522 77% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.1 10.9458128079 120% => OK
coleman_liau_index: 15.55 11.5310837438 135% => OK
dale_chall_readability_score: 10.96 8.32886699507 132% => OK
difficult_words: 99.0 55.0591133005 180% => OK
linsear_write_formula: 14.0 9.94827586207 141% => 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: 85.0 out of 100
Scores by essay e-grader: 76.5 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.