Why was the depression of 1873 called the "panic"?

Banks and other industries were putting their money into railroads, so when Jay Cooke and Company, a banking firm that was heavily invested in railroad construction, closed on September 18, 1873, a major economic panic overtook the nation.

Explanation:

the united states presidential election of 1992 was the 52nd quadrennial presidential election. it was held on tuesday, november 3, 1992. democratic governor bill clinton of arkansas defeated incumbent republican president george h. w. bush, independent businessman ross perot of texas, and a number of minor candidates.

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