Advantages & Disadvantages of Cashless Society
Since early days of human civilizations, money has been used more than often to transact one commodity with another. Cash is one form, which is anonymous and highly popular throughout the history. However, in modern world with technologies like digital transactions and bitcoin, cash is on its way to finally rest peacefully. Some opponents suggest that cash has its own benefits while proponents are of different and rather progressive view. This essay, before concluding, would state few arguments supported by examples to address issue.
Firstly, transactions carried out with cash or papers of bank notes are anonymous while transactions executed digitally, over the internet are tracked, recorded and often revealed by the middle agencies. For example, records of any transaction carried out with debit cards are available for authorities to use in whatever way it would be required. This is a clear advantage over cash in terms of documentation.
Secondly, digital transactions are not limited to the available denominations of bank notes available with the transacting parties. Whereas, cash transactions often tend to leave people searching for ways to settle a smaller value where one party presents are higher denomination bank notes. For instance, while purchasing an item of one-rupee using five-rupee note is going to ask the other party to return remaining amount in form of four one-rupee notes as no other denomination is available.
In conclusion, the benefits of digital transactions outweigh the benefits of cash transactions. Moreover, modern world's progress towards cashless society is inevitable and indispensable. Truly, this is one more way that humans are benefitting from technology of internet.
| 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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Transition Words or Phrases used:
finally, first, firstly, however, if, moreover, second, secondly, so, whereas, while, for example, for instance, in conclusion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 17.0 10.5418719212 161% => OK
Auxiliary verbs: 2.0 6.10837438424 33% => OK
Conjunction : 6.0 8.36945812808 72% => OK
Relative clauses : 4.0 5.94088669951 67% => More relative clauses wanted.
Pronoun: 8.0 20.9802955665 38% => OK
Preposition: 42.0 31.9359605911 132% => OK
Nominalization: 5.0 5.75862068966 87% => OK
Performance on vocabulary words:
No of characters: 1469.0 1207.87684729 122% => OK
No of words: 264.0 242.827586207 109% => OK
Chars per words: 5.56439393939 5.00649968141 111% => OK
Fourth root words length: 4.03089032464 3.92707691288 103% => OK
Word Length SD: 3.05750808932 2.71678728327 113% => OK
Unique words: 163.0 139.433497537 117% => OK
Unique words percentage: 0.617424242424 0.580463131201 106% => OK
syllable_count: 465.3 379.143842365 123% => 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: 3.0 1.71428571429 175% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 5.0 3.65517241379 137% => OK
Performance on sentences:
How many sentences: 14.0 12.6551724138 111% => OK
Sentence length: 18.0 20.5024630542 88% => OK
Sentence length SD: 41.7837606381 50.4703680194 83% => OK
Chars per sentence: 104.928571429 104.977214359 100% => OK
Words per sentence: 18.8571428571 20.9669160288 90% => OK
Discourse Markers: 9.0 7.25397266985 124% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 10.0 6.9802955665 143% => OK
Sentences with negative sentiment : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 2.91625615764 103% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.0362253123522 0.242375264174 15% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0194329278952 0.0925447433944 21% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0502424299018 0.071462118173 70% => OK
Paragraph topic coherence: 0.0295902228725 0.151781067708 19% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0364724552463 0.0609392437508 60% => OK
Essay readability:
automated_readability_index: 14.2 12.6369458128 112% => OK
flesch_reading_ease: 36.28 53.1260098522 68% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 12.7 10.9458128079 116% => OK
coleman_liau_index: 14.97 11.5310837438 130% => OK
dale_chall_readability_score: 9.43 8.32886699507 113% => OK
difficult_words: 82.0 55.0591133005 149% => OK
linsear_write_formula: 8.5 9.94827586207 85% => OK
gunning_fog: 9.2 10.3980295567 88% => OK
text_standard: 9.0 10.5123152709 86% => OK
What are above readability scores?
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It is not exactly right on the topic in the view of e-grader. Maybe there is a wrong essay topic.
Rates: 11.1111111111 out of 100
Scores by essay e-grader: 10.0 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.