The Cash-free Society
+ ~( r3 D8 V6 wImagine a society in which cash no longer exists, Instead, “ cash ” is electronic, as in bank-card Systems. Currency and coin are abandoned.
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____ example ____ . Theft of cash would become impossible. Bank robberies and cash-register robberies would simply cease to occur ____ ( 8 ) ____ . Purse snatchings would become a thing of the past. Urban streets would become safer ____ ( 9 ) ____ . Security costs and insurance rates would fall. Property values would rise. Neighbourhoods would improve.
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+ N! {/ i" E4 {6 @' j/ jDrug traffickers and their clients, burglars and receives of stolen property, arsonists for hire, and bribe-takers would no longer have the advantage of using untraceable currency. ____ ( 10 ) ____ These prosecutions, in turn, would inhibit further crimes. ]+ v- J I3 C8 x6 ?
- K* [! ]# D) |& f$ J9 TIn a society devoid of physical money, a change from cash to recorded electronic money would be accompanied by a flow of previously unpaid income-tax revenues running in the tens of billions of dollars. ____ (11) ____ 3 q" k; Z, s: K3 ]6 [
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Cash has been the root of much social and economic evil. ____ (12)____ Eighty percent of Americans regularly use credit cards. The development of a federal system to handle the country’s 300 billion annual cash transactions in the United States electronically is within reach. ' S5 v5 L( q$ n
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Example: H.
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+ d- Y/ r/ z1 P t& ^/ zA. A national electronic-money system would operate as a debit-card system.
7 h7 u/ E# X z" m2 ^B. Retail shops in once dangerous areas could operate in safety.
4 ]$ C. O: `8 v# P s/ ~" p2 VC. As a result, income tax rates could be lowered or the national debt reduced.
: x# p1 g# F+ Z8 QD. The use of cash has diminished substantially since World War II. 5 }$ a4 _( S. S$ e. n
E. Attacks on shopkeepers, taxi drivers, and cashiers would all end. % n% h$ Q5 Y5 |4 f- h4 n
F. The emergence of electronic funds-transfer technology makes it possible to change the nature of money and to divorce it from evil. * m5 U; P' w& r
G. Almost every present-day cash transaction can be duplicated electronically.
- [, B" p+ y+ ?) \! T( Q) z/ SH. The immediate benefits would be profound and fundamental.
}" m- g: P- i- f, f5 K! aI. Electronic “money” would leave incriminating trails of data, resulting in more arrests and convictions. 4 n" ~" Z- G! j4 m
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答案:Questions 8 – 12: E, B, I, C, F |