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 going cash free and its corresponding impact has sparked a heated debate. Although contested by many that the matter of transferring funds electronically is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that stored value cards can be a plus, and I will analyze that throughout this essay.

From a social standpoint, secured credit facility can provide the society with some noticeable effects which are rooted in the fact that identity theft, as well as fingerprints, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered different methods of payment. Thus, beneficial ramifications of both the maintaining receipt records and history of transactions apparently can be seen.

Within the realm of a debit card, the cost savings might increase the consequences of the physical money. Moreover, fundamental aspects of handling paper cash relate to this reality that the demerits of the client account pertain to a healthy bank balance. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of a plastic card is correlated negatively with the money market. Hence, it is correct to presume the preconceived notion of the financial data.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of replacing cash with credit cards far outweigh its drawbacks. Not only do the advantages of tracking illegal transactions prove the significance of reducing criminal activities, but also pinpoint the other forms of currency implications.

Votes
Average: 9 (2 votes)
This essay topic by users
Post date Users Rates Link to Content
2018-04-24 mustiscorpio7 85 view
Essay Categories

Comments

Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, 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: 5.0 6.10837438424 82% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 34.0 31.9359605911 106% => OK
Nominalization: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1507.0 1207.87684729 125% => OK
No of words: 272.0 242.827586207 112% => OK
Chars per words: 5.54044117647 5.00649968141 111% => OK
Fourth root words length: 4.06108636974 3.92707691288 103% => OK
Word Length SD: 3.1854427176 2.71678728327 117% => OK
Unique words: 184.0 139.433497537 132% => OK
Unique words percentage: 0.676470588235 0.580463131201 117% => OK
syllable_count: 472.5 379.143842365 125% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 5.0 1.71428571429 292% => 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: 12.0 12.6551724138 95% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 41.0611840225 50.4703680194 81% => OK
Chars per sentence: 125.583333333 104.977214359 120% => OK
Words per sentence: 22.6666666667 20.9669160288 108% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 2.0 2.91625615764 69% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.0625716814739 0.242375264174 26% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0189531805333 0.0925447433944 20% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0192299096197 0.071462118173 27% => Sentences are similar to each other.
Paragraph topic coherence: 0.0345381163787 0.151781067708 23% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0146134551124 0.0609392437508 24% => 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: 16.0 12.6369458128 127% => OK
flesch_reading_ease: 40.69 53.1260098522 77% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.1 10.9458128079 120% => OK
coleman_liau_index: 15.15 11.5310837438 131% => OK
dale_chall_readability_score: 10.82 8.32886699507 130% => OK
difficult_words: 105.0 55.0591133005 191% => OK
linsear_write_formula: 15.0 9.94827586207 151% => OK
gunning_fog: 10.8 10.3980295567 104% => OK
text_standard: 11.0 10.5123152709 105% => OK
What are above readability scores?

---------------------
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
---------------------
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.