Quiz on Cashless Society

What did the teacher's colleague order for him in the coffee shop?

• Tea

• Juice

• Water

• Coffee

What is Beijing close to becoming?

• A tourist destination

• A financial center

• A cashless society

• A cultural hub

Which country is mentioned as the most advanced in becoming cashless?

• Denmark

• Sweden

• Finland

• Norway

What is one benefit of a cashless society mentioned in the text?

• No need for bank accounts

• Easier to manage cash

• More cash available

• Saves time on transactions

What could happen if technology fails in a cashless society?

• More people using cash

• Increased bank security

• Inability to buy anything

• More cash transactions

Who might struggle in a cashless society according to the text?

• Tech-savvy individuals

• Wealthy individuals

• Elderly people

• Young people

What is a potential risk of a cashless society related to crime?

• Hacking of accounts

• More bank robberies

• Increased theft of cash

• More physical violence

What needs to be secure for a cashless society to function?

• Online payment systems

• Bank branches

• Physical cash

• Government regulations

What might happen to the gap between rich and poor in a cashless society?

• It could decrease

• It could remain the same

• It might become larger

• It could disappear

What is one concern for people who manage their money poorly in a cashless society?

• They could spend more money

• They will avoid debt

• They might save more

• They will have more cash