In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
Recently, the phenomenon of cashless society and its corresponding impact has sparked a heated debate. Although contested by many that the matter of demonetization is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that cashless banking can be a plus, and I will analyze that throughout this essay.
From a social standpoint, digitalized banking can provide the society with some noticeable effects which are rooted in the fact that merits of tax evasion reduction, as well as corruption and crime control, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered reduction of banknotes cost. Thus, beneficial ramifications of both facilitation of financial transaction and economy boost apparently can be seen.
Within the realm of science, digitalize banking might increase the consequences of potential privacy invasion. Moreover, fundamental aspects of cashless society could relate to this reality that the demerits of security breaches pertain to large-scale risk. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of Electronic banking is correlated negatively with Paper money. Hence, it is correct to presume the preconceived notion of generation discrimination.
To conclude, 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 online Shopping prove the significance of Secured credit facility, but also pinpoint Currency exchange implications.
Grammar and spelling errors:
Line 7, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... notion of generation discrimination. To conclude, while there are several com...
^^^
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 : 6.0 8.36945812808 72% => OK
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 33.0 31.9359605911 103% => OK
Nominalization: 12.0 5.75862068966 208% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1488.0 1207.87684729 123% => OK
No of words: 256.0 242.827586207 105% => OK
Chars per words: 5.8125 5.00649968141 116% => OK
Fourth root words length: 4.0 3.92707691288 102% => OK
Word Length SD: 3.27752765053 2.71678728327 121% => OK
Unique words: 175.0 139.433497537 126% => OK
Unique words percentage: 0.68359375 0.580463131201 118% => OK
syllable_count: 477.0 379.143842365 126% => OK
avg_syllables_per_word: 1.9 1.57093596059 121% => 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: 12.0 12.6551724138 95% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 40.5010287935 50.4703680194 80% => OK
Chars per sentence: 124.0 104.977214359 118% => OK
Words per sentence: 21.3333333333 20.9669160288 102% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => 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: 0.0980348117135 0.242375264174 40% => OK
Sentence topic coherence: 0.0323176082533 0.0925447433944 35% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0406461260398 0.071462118173 57% => OK
Paragraph topic coherence: 0.056265356762 0.151781067708 37% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0386418564175 0.0609392437508 63% => OK
Essay readability:
automated_readability_index: 16.6 12.6369458128 131% => OK
flesch_reading_ease: 24.78 53.1260098522 47% => Flesch_reading_ease is low.
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 15.0 10.9458128079 137% => OK
coleman_liau_index: 16.42 11.5310837438 142% => OK
dale_chall_readability_score: 11.34 8.32886699507 136% => OK
difficult_words: 108.0 55.0591133005 196% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 10.4 10.3980295567 100% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 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.