Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this. Include your personal opinion and examples based on your own experience.

Essay topics:

Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this. Include your personal opinion and examples based on your own experience.

Plastic money is extremely popular over the globe. The recent few decades are the witness of the development in economic sector. Amid this development, there is one phenomenon has associated with it. According to this phenomenon digital money is replace from banknotes and coins. There are several reasons that have connected with it. There are various merits with this creation outweigh the demerits. I will try to trow light upon this view as well as posit my perspective about it.

To commence with, there are multifarious pros connected to this phenomenon. First and foremost, in according to plastic currency, it led to deteriorate the corruption inside the world. To prove, people often use the credit card or debit card instead of banknotes. Some business person try to give bribe to government officer to pass their tender with black money but with development of plastic money, they do not have any option to give bribe and they get frighten before giving it. The another reason which has also great value is that it is beneficial for economy and environmentally. To explain, when people use digital revenue than national authorities can save the gold instead of buying currency paper from world bank. Consequently, as it save gold for nation which increase global economy and price of gold decrease. In addition, it led to protect our environment because trees are not cut for producing revenue paper. Hence, it is positive way to prevent the beginning of deforestation process.

Furthermore, people may use the digital money at all retail place instead of bank currency. To be precised, plastic money would be used easily and really very quickly through the internet. People may swipe the card at ATM to withdraw the money for using it where credit card are not accepted.

On the other side of spectrum, the predominant reason that has cons of plastic money is that people may have to face the fraud. To add, people frequently share their personal things as they have to take halt in this situation. Due to this, money transferred to false account by hackers. This may result in, people get heart attack or sometime they commit suicide.

Aggelomerating, all the point to conclude that plastic money has more benefits than it's drawback. In my opinion, people have diverted their use by plastic money with profound knowledge. Because it is really safe and quick way to spend money at any place.

Votes
Average: 5.6 (1 vote)
This essay topic by users
Post date Users Rates Link to Content
2019-11-24 opklnm 73 view
2019-05-27 Abhayraj 56 view
2015-07-20 Justin 90 view
2015-07-17 vibhor273 33 view
Essays by user Abhayraj :

Comments

Grammar and spelling errors:
Line 1, column 247, Rule ID: BEEN_PART_AGREEMENT[1]
Message: Consider using a past participle here: 'replaced'.
Suggestion: replaced
...ing to this phenomenon digital money is replace from banknotes and coins. There are sev...
^^^^^^^

Transition Words or Phrases used:
also, but, consequently, first, furthermore, hence, if, may, really, so, well, in addition, as well as, in my opinion

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

Performance on Part of Speech:
To be verbs : 16.0 13.1623246493 122% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 36.0 24.0651302605 150% => Less pronouns wanted
Preposition: 60.0 41.998997996 143% => OK
Nominalization: 11.0 8.3376753507 132% => OK

Performance on vocabulary words:
No of characters: 2013.0 1615.20841683 125% => OK
No of words: 403.0 315.596192385 128% => OK
Chars per words: 4.99503722084 5.12529762239 97% => OK
Fourth root words length: 4.48049772903 4.20363070211 107% => OK
Word Length SD: 2.61566004925 2.80592935109 93% => OK
Unique words: 220.0 176.041082164 125% => OK
Unique words percentage: 0.545905707196 0.561755894193 97% => OK
syllable_count: 637.2 506.74238477 126% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 11.0 4.76152304609 231% => Less preposition wanted as sentence beginnings.

Performance on sentences:
How many sentences: 26.0 16.0721442886 162% => OK
Sentence length: 15.0 20.2975951904 74% => The Avg. Sentence Length is relatively short.
Sentence length SD: 32.5986894861 49.4020404114 66% => OK
Chars per sentence: 77.4230769231 106.682146367 73% => OK
Words per sentence: 15.5 20.7667163134 75% => OK
Discourse Markers: 4.5 7.06120827912 64% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 14.0 8.67935871743 161% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 9.0 3.4128256513 264% => Less facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.180974772186 0.244688304435 74% => OK
Sentence topic coherence: 0.0534159535479 0.084324248473 63% => OK
Sentence topic coherence SD: 0.0535682148607 0.0667982634062 80% => OK
Paragraph topic coherence: 0.107768391205 0.151304729494 71% => OK
Paragraph topic coherence SD: 0.0245481701173 0.056905535591 43% => 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: 9.9 13.0946893788 76% => Automated_readability_index is low.
flesch_reading_ease: 56.25 50.2224549098 112% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.1 11.3001002004 81% => OK
coleman_liau_index: 11.42 12.4159519038 92% => OK
dale_chall_readability_score: 7.95 8.58950901804 93% => OK
difficult_words: 91.0 78.4519038076 116% => OK
linsear_write_formula: 5.5 9.78957915832 56% => Linsear_write_formula is low.
gunning_fog: 8.0 10.1190380762 79% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?

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Rates: 56.1797752809 out of 100
Scores by essay e-grader: 5.0 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.