Advantages & Disadvantages of Cashless Society
The current society is gradually becoming cashless. Therefore I would like to discuss on the advantages and disadvantages of moving towards this move.
Firstly, being cashless means the use of credit or debit card together with internet banking. Moving on to the new trend people can secure their money than carrying cash along them. Besides that people can spend money beyond their purchasing power because credit card allows them to purchase on credit under some conditions such as repayment time, interest and maximum level of credit.
Cashless society also facilitate people in transferring money through out the world irrespective of the distance of locations which contributes to healthy economic relationships among nations.
Neverthelss there is a possibility of caught in e-frauds by using cashless transactions. Not only that a cyber attack can destroy particular country’s overall financial position which was recently experienced by Russian citizens.
However use of credit cards influence people to spend more without being sensitive to their income levels. This trend had collapsed the whole British economy in the year 2008 which finally ended up in a recession for the whole world due to the fact of globalization.
In conclusion I recommend being a part of cashless society makes people life comfortable and relaxed because people do not have to carry lucrative amount of cash according to the inflation rate fluctuations. Modern technology has influenced the society to avoid cash by introducing mobile banking to the world. Since majority of the world has mobile phones ontheir palms, almost all the banks has introduced internet banking to their customers in encouraging the society being cashless.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-10-23 | Rafia Jawad | 11 | view |
| 2024-10-21 | Rafia Jawad | 75 | view |
| 2024-08-15 | Rafia Jawad | 88 | view |
| 2024-08-12 | Rafia Jawad | 85 | view |
| 2024-06-11 | Sridarani | 77 | view |
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Grammar and spelling errors:
Line 1, column 53, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Therefore,
...society is gradually becoming cashless. Therefore I would like to discuss on the advantag...
^^^^^^^^^
Line 5, column 63, Rule ID: THROUGH_OUT[1]
Message: Did you mean 'throughout'?
Suggestion: throughout
...facilitate people in transferring money through out the world irrespective of the distance ...
^^^^^^^^^^^
Line 7, column 1, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: However,
...ently experienced by Russian citizens. However use of credit cards influence people to...
^^^^^^^
Transition Words or Phrases used:
also, besides, but, finally, first, firstly, however, if, so, therefore, in conclusion, such as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 7.0 10.5418719212 66% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 4.0 8.36945812808 48% => More conjunction wanted.
Relative clauses : 5.0 5.94088669951 84% => OK
Pronoun: 12.0 20.9802955665 57% => OK
Preposition: 48.0 31.9359605911 150% => OK
Nominalization: 6.0 5.75862068966 104% => OK
Performance on vocabulary words:
No of characters: 1468.0 1207.87684729 122% => OK
No of words: 267.0 242.827586207 110% => OK
Chars per words: 5.49812734082 5.00649968141 110% => OK
Fourth root words length: 4.04229324003 3.92707691288 103% => OK
Word Length SD: 2.84804311363 2.71678728327 105% => OK
Unique words: 168.0 139.433497537 120% => OK
Unique words percentage: 0.629213483146 0.580463131201 108% => OK
syllable_count: 450.9 379.143842365 119% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 1.0 4.6157635468 22% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 3.0 3.65517241379 82% => OK
Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 20.0 20.5024630542 98% => OK
Sentence length SD: 49.4432912866 50.4703680194 98% => OK
Chars per sentence: 112.923076923 104.977214359 108% => OK
Words per sentence: 20.5384615385 20.9669160288 98% => OK
Discourse Markers: 7.30769230769 7.25397266985 101% => OK
Paragraphs: 6.0 4.12807881773 145% => Less paragraphs wanted.
Language errors: 3.0 5.33497536946 56% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => OK
Sentences with negative sentiment : 3.0 2.75862068966 109% => 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: 0.195952102028 0.242375264174 81% => OK
Sentence topic coherence: 0.075219548013 0.0925447433944 81% => OK
Sentence topic coherence SD: 0.073290198214 0.071462118173 103% => OK
Paragraph topic coherence: 0.107016274785 0.151781067708 71% => OK
Paragraph topic coherence SD: 0.100343805738 0.0609392437508 165% => OK
Essay readability:
automated_readability_index: 14.7 12.6369458128 116% => OK
flesch_reading_ease: 42.72 53.1260098522 80% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 12.3 10.9458128079 112% => OK
coleman_liau_index: 14.62 11.5310837438 127% => OK
dale_chall_readability_score: 9.54 8.32886699507 115% => OK
difficult_words: 83.0 55.0591133005 151% => OK
linsear_write_formula: 8.0 9.94827586207 80% => OK
gunning_fog: 10.0 10.3980295567 96% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
---------------------
Maximum five paragraphs wanted.
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.