Apply the following in a paper of 600 to 800 words for each scenario mentioned below:
A) Evaluate each argument, using the four-step process described as:
1. State your argument fully, as clearly as you can.
2. Examine each part of your argument for errors affecting truth.
3) Examine your argument for validity errors; that is, consider the reasoning that links conclusions to premises.
4) If you find one or more errors, revise your argument to eliminate them.
B) Explain your assessment, and add alternative argumentation where necessary.
Scenarios
1) The credit card habit promotes careless spending, particularly among young people. Therefore, credit card companies should not be permitted to issue credit cards to anyone under age 21.
2) Having great wealth is a worthy goal because it is difficult to attain and many famous people have pursued it.