Cover of the textbook Performer B1, Vol. 2

The key answer of exercise 4

The key to exercise solutions in chapter 2 - Culture and competences for the textbook Performer B1, Vol. 2 with authors Marina Spiazzi, Marina Tavella e Margaret Layton from Zanichelli

Question

Read the article again and answer the questions.

Answer

  1. The phrase 'cash-free future' refers to a scenario where cash (physical coins and banknotes) is no longer used in the economy, and transactions are conducted entirely through digital payments and online banking.
  2. Sweden was the first European country to print banknotes.
  3. Sweden is leading the race to become the world's first completely cash-free society.
  4. The transition to a cashless economy in Sweden began in the mid-20th century when banks convinced employers and workers to pay and receive salaries through digital bank transfers.
  5. In Sweden, you can't use cash for public transport.
  6. The most important consequences of a cashless economy in Sweden include a decline in bank robberies and illegal activities, such as drug trafficking and illegal employment.
  7. Swedes often use a Swedish app that transfers money using people's phone numbers to pay for small expenses.
  8. Around 10 per cent of the Swedish population, approximately 10 million people, are still highly dependent on cash, especially elderly individuals.
  9. Two-thirds of European citizens believe that access to paper money is a fundamental human right.

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