Cashless society is becoming a reality. More and more people are using credit cards for payment, and less people use cash. How realistic do you think it is and what do you see in its potential benefits or problems.
In the recent years, cashless society has become reality and the phenomenon of using credit cards and its corresponding impact has sparked a heated debate. Although contested by many that eliminating cash is beneficial, such issue is regarded thoroughly both positive and constructive by a substantial number of individuals. In my opinion, I am inclined to believe that using credit cards can be a plus, and I will explain in the following essay.
From the social standpoint, omitting cash can provide society with some noticeable effects which are rooted in the fact that globalization, as well as saving recourses, which are inextricably bound up. According my own experience, when I was a university student, I conducted an academic survey on cashless banking state and discovered that majority of people who favoure cashless mentioned the benefit of fast transaction, ease of access, as well as reducing the use of natural resources. Therefore, beneficial ramifications of both economic and environmental effects can be seen.
In addition, electronic payments also accelerate the path to digitization and push everyone to modernize. For example, a research conducted by economists has found out with ease access to electronic banking account, people are less likely to go to bank, but more often use the financial services online. In this case, financial providers are benefit from reducing cost on hiring banking assistants and increasing income by charging monthly services fees.
In conclusion, while out society is transforming from using cash to electronic payments, benefits including environmental impact, economic growth and globalization can be seen. As these far outweigh the problems, I strongly see the potential of the present society into a cashless society.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2020-05-12 | Cheyi1127 | 77 | view |
| 2019-03-30 | Kushi | 92 | view |
| 2018-11-25 | butterboy | 79 | view |
| 2018-10-24 | joyspacechou0130 | 94 | view |
| 2018-09-11 | bashirheidari | 89 | view |
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Transition Words or Phrases used:
also, but, if, so, therefore, well, while, for example, in addition, in conclusion, as well as, in my opinion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 10.5418719212 104% => OK
Auxiliary verbs: 5.0 6.10837438424 82% => OK
Conjunction : 10.0 8.36945812808 119% => OK
Relative clauses : 8.0 5.94088669951 135% => OK
Pronoun: 14.0 20.9802955665 67% => OK
Preposition: 37.0 31.9359605911 116% => OK
Nominalization: 6.0 5.75862068966 104% => OK
Performance on vocabulary words:
No of characters: 1513.0 1207.87684729 125% => OK
No of words: 275.0 242.827586207 113% => OK
Chars per words: 5.50181818182 5.00649968141 110% => OK
Fourth root words length: 4.07223819929 3.92707691288 104% => OK
Word Length SD: 3.11365746509 2.71678728327 115% => OK
Unique words: 169.0 139.433497537 121% => OK
Unique words percentage: 0.614545454545 0.580463131201 106% => OK
syllable_count: 483.3 379.143842365 127% => 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: 6.0 1.71428571429 350% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 6.0 3.65517241379 164% => OK
Performance on sentences:
How many sentences: 11.0 12.6551724138 87% => OK
Sentence length: 25.0 20.5024630542 122% => The Avg. Sentence Length is relatively long.
Sentence length SD: 53.2866875906 50.4703680194 106% => OK
Chars per sentence: 137.545454545 104.977214359 131% => OK
Words per sentence: 25.0 20.9669160288 119% => OK
Discourse Markers: 9.90909090909 7.25397266985 137% => 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 : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 2.91625615764 34% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.245118917781 0.242375264174 101% => OK
Sentence topic coherence: 0.0801226488197 0.0925447433944 87% => OK
Sentence topic coherence SD: 0.0610810247868 0.071462118173 85% => OK
Paragraph topic coherence: 0.136376471452 0.151781067708 90% => OK
Paragraph topic coherence SD: 0.0315826762508 0.0609392437508 52% => OK
Essay readability:
automated_readability_index: 17.0 12.6369458128 135% => OK
flesch_reading_ease: 29.18 53.1260098522 55% => Flesch_reading_ease is low.
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 15.4 10.9458128079 141% => OK
coleman_liau_index: 14.92 11.5310837438 129% => OK
dale_chall_readability_score: 10.1 8.32886699507 121% => OK
difficult_words: 91.0 55.0591133005 165% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 12.0 10.3980295567 115% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
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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.