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 banking systems is highly beneficial, such an issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I highly believe that payment methods can be a plus, and I will investigate that throughout this essay.

From a social standpoint, credit cards can provide the society with noticeable effects that are rooted in the fact that merits, as well as advantages of e-banking, are crucial. According to my own experience, I performed an academic experiment that discovered the importance of charging the card. Thus, beneficial ramifications of a cash payment are visible.

From a scientific point of view, credit card debt can provide the community with negative impacts that are related to the reality that demerits of online banking are remarkable. As a tangible example, some scientific research undertaken by a prestigious university described the role of a banking card. Hence, predicted outcomes of valid credit cards are noticeable.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of cashless payment far outweigh its drawbacks. Not only do the advantages of a cashless payment prove the significance of financial transactions, but also pinpoint possible implications.

Votes
Average: 9 (2 votes)
This essay topic by users
Post date Users Rates Link to Content
2024-10-21 Rafia Jawad 75 view
2021-07-23 sahar.sharifi.1984 88 view
2021-07-23 sahar.sharifi.1984 85 view
2020-12-20 sadeghian_zhr@yahoo.com 88 view
2020-10-03 3pid 80 view
Essay Categories
Essays by user 3pid :

Comments

Transition Words or Phrases used:
also, but, hence, if, 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: 4.0 6.10837438424 65% => OK
Conjunction : 4.0 8.36945812808 48% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 17.0 20.9802955665 81% => OK
Preposition: 26.0 31.9359605911 81% => OK
Nominalization: 8.0 5.75862068966 139% => OK

Performance on vocabulary words:
No of characters: 1219.0 1207.87684729 101% => OK
No of words: 220.0 242.827586207 91% => More content wanted.
Chars per words: 5.54090909091 5.00649968141 111% => OK
Fourth root words length: 3.85128510684 3.92707691288 98% => OK
Word Length SD: 3.17014416858 2.71678728327 117% => OK
Unique words: 137.0 139.433497537 98% => OK
Unique words percentage: 0.622727272727 0.580463131201 107% => OK
syllable_count: 386.1 379.143842365 102% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 4.6157635468 65% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 4.0 1.71428571429 233% => 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: 20.0 20.5024630542 98% => OK
Sentence length SD: 42.3858700922 50.4703680194 84% => OK
Chars per sentence: 110.818181818 104.977214359 106% => OK
Words per sentence: 20.0 20.9669160288 95% => OK
Discourse Markers: 5.0 7.25397266985 69% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 0.0 2.75862068966 0% => 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: 0.209333384312 0.242375264174 86% => OK
Sentence topic coherence: 0.0704039232649 0.0925447433944 76% => OK
Sentence topic coherence SD: 0.0542595641227 0.071462118173 76% => OK
Paragraph topic coherence: 0.108559753506 0.151781067708 72% => OK
Paragraph topic coherence SD: 0.0196270914101 0.0609392437508 32% => 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: 14.7 12.6369458128 116% => OK
flesch_reading_ease: 34.26 53.1260098522 64% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 13.5 10.9458128079 123% => OK
coleman_liau_index: 14.85 11.5310837438 129% => OK
dale_chall_readability_score: 10.44 8.32886699507 125% => OK
difficult_words: 81.0 55.0591133005 147% => OK
linsear_write_formula: 12.0 9.94827586207 121% => OK
gunning_fog: 10.0 10.3980295567 96% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?

---------------------

Rates: 80.0 out of 100
Scores by essay e-grader: 72.0 Out of 90
---------------------
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.