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Economics: cash v/s Credit cards

Economics: cash v/s Credit cards BaQL5
Economics: Cash v/s Credit Card Economics is a subject that defines a financial system. well to be exact this financial institution depends on key elements like Gross domestic product, Gross national income and all the other financial resources. At this instance we ought to consider a fact, regarding resource transactions i. e like cash, debit and credit cards. Cash is a common and an important element which is used almost by all people, who are part of economic system. Where as a very few people who are economically stable will use these credit cards. Both the key elements stressed in this topic have their advantages and disadvantages respectively. Cash can be easily used by people irrespective of their background. where as credit card usage depends on a particulars economical status. Cash leads to tax exemptions by illegally hiding which leads to corruption. Where as using credit cards leads to digitalisation. By taking current pandemic into consideration, using cash is not advisable as it leads to virus contamination and spreading. where digitised way of payments leads to prevention of virus. And credit cards can’t be affordable by all the folks due to various limitations posed by the banking sector. The grant of credit cards to all the folks isn’t possible because of the rules and regulations followed. These cards can be issued to only who has proper transaction history, once issued if we use the credit granted we should be able to repay it in the given deadline of time else there will an interest rate posed on the used credit as per the delay done in repaying the amount. As the use of credit card leads to digitalisation the regulations followed by banks are to be liberated to some extent and grant of the cards should be made easy to the people who are eligible and also the interest rates should be reduced accordingly in an affordable way. As we reached the conclusion on this topic, in my opinion not only replacing the use cash by credit cards, but also we should get adopted to the use of digital payments which leads to prevention of corruption and leads to a rise in economic growth of the country that leads to development.
Economics:
You use this word too often, consider replacing it with
Cash
v/s
You use this word too often, consider replacing it with
Credit
Card

Economics is a subject that defines a financial system.
This sentence does not start with an uppercase letter
well
to be exact this financial institution depends on key elements like Gross domestic product, Gross national income and all the other financial resources. At this instance we ought to consider a fact, regarding resource transactions i. e like
You use this word too often, consider replacing it with
cash
, debit and
You use this word too often, consider replacing it with
credit
cards.

Cash is a common and an
This phrase/word is too simple and can be replaced with:
important
element which is
This phrase/word (depending on the context) can be potentially replaced with :
used
almost by all
You use this word too often, consider replacing it with
people
,
You use this word too often, consider replacing it with
who
are part of economic system.
Did you mean "Whereas"?
Where as
a
This phrase/word is too simple and can be replaced with:
very
few
You use this word too often, consider replacing it with
people
You use this word too often, consider replacing it with
who
are
economically
stable will
This phrase/word (depending on the context) can be potentially replaced with :
use
these
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
cards
. Both the key elements
This phrase/word (depending on the context) can be potentially replaced with :
stressed
in this topic have their advantages and disadvantages
respectively
.

Cash can be
easily
This phrase/word (depending on the context) can be potentially replaced with :
used
by
You use this word too often, consider replacing it with
people
irrespective of their background.
Did you mean "whereas"?
where as
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
card
usage depends on a particulars
Did you mean "economic" (=connected with economy)?
economical
status.
You use this word too often, consider replacing it with
Cash
leads to tax exemptions by
illegally
hiding which leads to corruption.
Did you mean "Whereas"?
Where as
using
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
cards
leads to
Possible spelling mistake. 'digitalisation' is British English.
digitalisation
. By taking
This phrase/word (depending on the context) can be potentially replaced with :
current
pandemic into consideration, using
You use this word too often, consider replacing it with
cash
is not advisable as it leads to virus contamination and spreading.
This sentence does not start with an uppercase letter
where
Possible spelling mistake. 'digitised' is British English.
digitised
way of payments leads to prevention of virus. And
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
cards
can’t be affordable by all the folks due to various limitations posed by the banking sector. The grant of
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
cards
to all the folks isn’t possible
This phrase/word is too simple and can be replaced with:
because
of the
This phrase/word (depending on the context) can be potentially replaced with :
rules
and regulations followed. These
You use this word too often, consider replacing it with
cards
can
be issued
to
This phrase/word (depending on the context) can be potentially replaced with :
only
You use this word too often, consider replacing it with
who
has proper transaction history, once issued if we
This phrase/word (depending on the context) can be potentially replaced with :
use
the
You use this word too often, consider replacing it with
credit
granted we should be able to repay it in the
This phrase/word (depending on the context) can be potentially replaced with :
given
deadline of time else there will an interest rate posed on the
This phrase/word (depending on the context) can be potentially replaced with :
used
You use this word too often, consider replacing it with
credit
as per the delay done in repaying the amount. As the
This phrase/word (depending on the context) can be potentially replaced with :
use
of
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
card
leads to
Possible spelling mistake. 'digitalisation' is British English.
digitalisation
the regulations followed by banks are to
be liberated
to
This phrase/word is too simple and can be replaced with:
some
extent and grant of the
You use this word too often, consider replacing it with
cards
should
be made
easy to the
You use this word too often, consider replacing it with
people
You use this word too often, consider replacing it with
who
are eligible and
also
the interest rates should be
This phrase/word (depending on the context) can be potentially replaced with :
reduced
accordingly
Consider replacing "in an affordable way" with the adverb for "affordable"; e.g., "in a hasty manner" with "hastily".
in an affordable way
. As we reached the conclusion on this topic, in my opinion not
This phrase/word (depending on the context) can be potentially replaced with :
only
replacing the
This phrase/word (depending on the context) can be potentially replaced with :
use
You use this word too often, consider replacing it with
cash
by
You use this word too often, consider replacing it with
credit
You use this word too often, consider replacing it with
cards
,
This phrase/word is too simple and can be replaced with:
but
also
we should
This phrase/word (depending on the context) can be potentially replaced with :
get
adopted to the
This phrase/word (depending on the context) can be potentially replaced with :
use
of digital payments which leads to prevention of corruption and leads to a rise in economic growth of the country that leads to development.
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IELTS essay Economics: cash v/s Credit cards

Essay
  American English
3 paragraphs
371 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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