In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
The phenomenon of using more credit cards instead of cash in a cashless society has sparked a public controversy, which leads to a moot question “is cashless society beneficial or detrimental?”. While there are several drawbacks to the discussion, I believe that the benefits of a cashless society will continue to outweigh its downsides. This essay will further elaborate on positive and negative aspects of the phenomenon and thus will reach a logical conclusion.
Many commentators are of the view that using credit cards has several disadvantages. From their point of view, international trades is strongly related to using cash, which means it would lead to both export and import of goods by paying the cost of the products. For example, a group of economic scientists, working at a highly prestigious university, conducted a qualitative study to understand the relationship between banknotes and plastic cards. Therefore, this evidence presented thus far support the contention that cross-border businesses are positively correlated with not only a primary currency but also digital banking.
However, I believe that encouraging people to use credit cards has several advantages. Firstly, the significant advantage is that domestic companies are undoubtedly attributable to national transactions, in that it would lead to wholesale trades. Secondly, a well-known example of such attributions is globalization which is cause for concern since it had been mistaken in using the cash for granted. Finally, debit cards and credit cards could play a vital role in the transaction, such as Master Cards, Visa Cards, and American Express.
To conclude, having a cashless community by using credit cards can be mutually beneficial under different circumstances. However, I believe that credit cards will prove to be not only crucial but also worthwhile to the society.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2020-01-29 | MehdiKhodadadi | 88 | view |
| 2020-01-23 | yasamin.gharib62 | 88 | view |
| 2020-01-16 | jsrc | 77 | view |
| 2020-01-13 | Alireza.r.68 | 88 | view |
| 2020-01-13 | Alireza.r.68 | 11 | view |
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Transition Words or Phrases used:
also, but, finally, first, firstly, however, if, second, secondly, so, therefore, thus, well, while, for example, such as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 10.5418719212 114% => OK
Auxiliary verbs: 8.0 6.10837438424 131% => OK
Conjunction : 9.0 8.36945812808 108% => OK
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 17.0 20.9802955665 81% => OK
Preposition: 35.0 31.9359605911 110% => OK
Nominalization: 5.0 5.75862068966 87% => OK
Performance on vocabulary words:
No of characters: 1600.0 1207.87684729 132% => OK
No of words: 289.0 242.827586207 119% => OK
Chars per words: 5.53633217993 5.00649968141 111% => OK
Fourth root words length: 4.12310562562 3.92707691288 105% => OK
Word Length SD: 3.16457883654 2.71678728327 116% => OK
Unique words: 173.0 139.433497537 124% => OK
Unique words percentage: 0.598615916955 0.580463131201 103% => OK
syllable_count: 498.6 379.143842365 132% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 4.6157635468 108% => OK
Article: 4.0 1.56157635468 256% => Less articles wanted as sentence beginning.
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 3.0 3.65517241379 82% => OK
Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 36.6609283658 50.4703680194 73% => OK
Chars per sentence: 123.076923077 104.977214359 117% => OK
Words per sentence: 22.2307692308 20.9669160288 106% => OK
Discourse Markers: 9.30769230769 7.25397266985 128% => 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 : 2.0 2.75862068966 72% => OK
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: 0.275246117764 0.242375264174 114% => OK
Sentence topic coherence: 0.0857509108255 0.0925447433944 93% => OK
Sentence topic coherence SD: 0.0545249937383 0.071462118173 76% => OK
Paragraph topic coherence: 0.148891637398 0.151781067708 98% => OK
Paragraph topic coherence SD: 0.0340517788868 0.0609392437508 56% => OK
Essay readability:
automated_readability_index: 15.8 12.6369458128 125% => 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: 15.15 11.5310837438 131% => OK
dale_chall_readability_score: 9.97 8.32886699507 120% => OK
difficult_words: 96.0 55.0591133005 174% => OK
linsear_write_formula: 12.0 9.94827586207 121% => 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.