answersLogoWhite

0

ATMs have significantly improved access to banking services, especially in underserved areas, enhancing financial inclusion and convenience for users. However, they can also contribute to environmental concerns through energy consumption and electronic waste from outdated machines. Socially, while ATMs reduce the need for physical bank branches, they may lead to job losses in the banking sector. Additionally, the proliferation of ATMs can increase instances of crime, such as theft or fraud, particularly in poorly monitored locations.

User Avatar

AnswerBot

3w ago

What else can I help you with?

Related Questions

What are social economic and environmental impacts?

It is a problem which affects either the environment around it or the peoples welfare. It can be a serious problem when you are up against aparticularobject such as a hydroelectric power plant!


What are the environmental impacts if a landslide occurs?

The environmental impacts are erosion, loss of top soil and the loss of vegetation.


What is socio-economic aspect?

Socio-economis aspect is determining in detail all environmental, economic and social impacts of a matter at hand.


What are the Environmental impacts of a toaster?

it uses energy


What are the environmental impacts of manufacturing shaving cream?

can


What are the environmental impacts of of building vehicles?

idek


How is sustainable palm oil different from palm oil?

There are no differences in quality, appearance, or application. Sustainable Palm Oil is value-added, which is traceable to its source to ensure the supply chain has minimum economic environmental, and social impacts when producing the oil.


What actors and actresses appeared in The Environmental Impacts of Disposable Bags - 2011?

The cast of The Environmental Impacts of Disposable Bags - 2011 includes: Fletcher Passow


What are enviromental issues of factories?

Environmental issues with factories fall into several broad environmental areas: * Air Emissions * Water Emissions * Solid Waste * Thermal Emissions (Air and Water) * Aesthetic Concerns * Water Consumption * Resource Depletion * Social Economic Impacts * Wildlife Habitat Impacts * Energy Consumption


What is mean by impacts?

Impacts refer to the effects or consequences that result from an action, event, or decision. They can be positive or negative and can influence various aspects of life, including social, economic, environmental, and personal domains. Understanding impacts helps in assessing the overall significance and implications of a particular issue or change.


How are people affected by social impacts solar power?

how are people affected by social impacts in solar power?


What are the economical impacts on mining titanium?

Mining titanium can have positive economic impacts, such as providing employment opportunities and attracting investment to the region where mining occurs. However, it can also have negative impacts, such as environmental degradation, displacement of communities, and potential conflicts over land rights. It is important for governments and companies to balance the economic benefits with the social and environmental costs of titanium mining.