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The difference between other checkable deposits and demand deposits can best be described as follows:
State of Nature
A philosophical concept describing the hypothetical conditions of human life before societies came into existence.
Without Government
A state of society where no governing body exists, often referred to as anarchy or statelessness.
American Government
The political system of the United States, characterized by a federal structure, a system of checks and balances, and democratic principles.
Constitution
The system of fundamental principles according to which a nation, state, corporation, or the like, is governed.
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