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What New Forms of Making Payments Have Been Spawned by the Advances

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Essay

What new forms of making payments have been spawned by the advances in information technology of the past two decades? Is it likely that ours will become a cashless society anytime soon as a result of these innovations? Why?


Definitions:

Electroconvulsive Therapy

A medical treatment most commonly used for severe major depression or bipolar disorder that involves electrically induced seizures for therapeutic effect.

Psychotherapy

A therapeutic treatment approach where psychological methods are used to help a person change behavior and overcome problems in desired ways.

Severe Depression

A mind-related health issue characterized by a lasting despondency or a dispassion towards endeavors, significantly undermining daily activities.

Drug Therapy

The use of prescribed medications to treat or manage medical conditions.

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