The phase of the presidential election process in which the political parties select candidates to run against other party candidates is called the nominating process. In this phase, different parties are to choose a candidate to represent their party and to run against other representatives. In the elections, there are two types of this process namely primaries and caucuses.
The banks did not have any backup incase the stock market failed. There was no security of peoples money. They didn't have enough money in them.
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