In a cashless society people use more credit cards what are the advantages and advantages

Essay topics:

In a cashless society people use more credit cards.what are the advantages and advantages?

it is indeed true that individuals are relying more on credit card in comparison to cash.
This essay intends to analyse the advantages and disadvantages of cashless economy. there could be several pros and cons of cash free society. One can go on to the list, few of them mentioned below.

Firstly, it decreases the chance of money laundering and tax evasion is the main reason of corruption in every corner of the world, because people are making money illegally by wrong methods such as smuggling, drug trafficking and terrorist funding. They try to keep the whole amount to themself and hide themselves from government during tax pay.

Secondly, it helps in easy transaction of amounts while travelling and keeps the folk safe from thieves and robbers as most of pick pockets depends on cash payments not on credits, in fact it will help in reducing violent crimes.

Thirdly, due to advancement in technology there are many convenient means of payment. For instance net banking, UPI, ATM, debit card and credit card. This leads the economy to less risk and cost of transportation and transaction records has increased.

Last but not the least supremacy includes saving of time because it enables people to work flexibly from their home.

On the other hand there are plethora of drawbacks also, like being more technical it impacts on the privacy of persons and data may be exposed, disruption of traditional providence, monopoly power of tech giants which ultimately follow to addictive nature of technology. Since hard money is straightforward, it can marshal to overspending of money.

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Average: 8.7 (2 votes)
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Essays by user robin10 :

Comments

Grammar and spelling errors:
Line 1, column 1, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: It
it is indeed true that individuals are rel...
^^
Line 2, column 84, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: There
... and disadvantages of cashless economy. there could be several pros and cons of cash ...
^^^^^
Line 4, column 36, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
.... Firstly, it decreases the chance of money laundering and tax evasion is the ...
^^
Line 6, column 50, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... it helps in easy transaction of amounts while travelling and keeps the folk safe...
^^

Transition Words or Phrases used:
also, but, first, firstly, may, second, secondly, so, third, thirdly, while, for instance, in fact, such as, on the other hand

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 10.0 13.1623246493 76% => OK
Auxiliary verbs: 5.0 7.85571142285 64% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 2.0 7.30460921844 27% => More relative clauses wanted.
Pronoun: 14.0 24.0651302605 58% => OK
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 10.0 8.3376753507 120% => OK

Performance on vocabulary words:
No of characters: 1348.0 1615.20841683 83% => OK
No of words: 263.0 315.596192385 83% => More content wanted.
Chars per words: 5.12547528517 5.12529762239 100% => OK
Fourth root words length: 4.02706775958 4.20363070211 96% => OK
Word Length SD: 2.78836098621 2.80592935109 99% => OK
Unique words: 178.0 176.041082164 101% => OK
Unique words percentage: 0.67680608365 0.561755894193 120% => OK
syllable_count: 410.4 506.74238477 81% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK

Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 72.913501481 49.4020404114 148% => OK
Chars per sentence: 103.692307692 106.682146367 97% => OK
Words per sentence: 20.2307692308 20.7667163134 97% => OK
Discourse Markers: 9.69230769231 7.06120827912 137% => OK
Paragraphs: 7.0 4.38176352705 160% => Less paragraphs wanted.
Language errors: 4.0 5.01903807615 80% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 4.0 3.9879759519 100% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.147122124938 0.244688304435 60% => OK
Sentence topic coherence: 0.0462207719766 0.084324248473 55% => OK
Sentence topic coherence SD: 0.0685371932973 0.0667982634062 103% => OK
Paragraph topic coherence: 0.0639279125634 0.151304729494 42% => OK
Paragraph topic coherence SD: 0.0552961952163 0.056905535591 97% => OK

Essay readability:
automated_readability_index: 12.8 13.0946893788 98% => OK
flesch_reading_ease: 51.18 50.2224549098 102% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 12.47 12.4159519038 100% => OK
dale_chall_readability_score: 9.37 8.58950901804 109% => OK
difficult_words: 79.0 78.4519038076 101% => OK
linsear_write_formula: 8.5 9.78957915832 87% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?

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Maximum five paragraphs wanted.

Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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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.