kasgebaseerde

Kasgebaseerde is a Dutch term that translates to "cash-based" in English. It refers to any economic activity or transaction that is conducted using physical currency, such as banknotes and coins, rather than through electronic means like credit cards, bank transfers, or digital payment systems.

In a cash-based economy, individuals and businesses primarily rely on cash for their day-to-day purchases, wages, and other financial dealings. This can have several implications. For instance, it often implies a greater degree of privacy in transactions, as they are not typically recorded by financial institutions. However, it can also present challenges related to security, the risk of theft, and the difficulty in tracking large sums of money, which can be relevant in contexts such as tax evasion or money laundering.

The prevalence of cash-based transactions can vary significantly by region and socioeconomic factors. In some developed economies, the use of cash has declined considerably due to the widespread adoption of digital payment technologies. Conversely, in developing countries or among certain demographics, cash may remain the dominant form of payment due to limited access to banking services, technological infrastructure, or cultural preferences. Understanding the extent of cash-based activity is important for economic analysis, policy-making, and the development of financial inclusion initiatives.