Monday, November 1, 2010

In Class Revising Activities

    As the inflation increasing, the banking industry introduced the automated teller machine (ATM) to respond. By making the money more available to average people, people can simply withdraw from ATM and buy the goods wither they can afford or not. Although ATM was pretty convenience, it also brought some negative effect to average individual. Instead of going to bank during the lunch time, as people used to be, some people went shopping. With a machine-vended money, they can spend even more than with a credit card. Also, since ATM is more convenience than withdraw money with the checkbook, people rarely keep track of their accounts. Another problem is that people who never dream to rob the bank try to trick the machine and got the "free money".  

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