Discuss the corruption that existed within the harding administration and explain how it impacted american life

Lower-level office-holders were taking bribes from people as a way of gaining patronage. The Ohio Gang were some of Harding's closest confidants in his cabinet, which led to charges of nepotism within the administration. Teapot Dome was another area that led to charges of corruption and bribery. These all impacted life in the US because it showed that the administration that they had chosen to lead them was corrupt.

The dethroned emperor!

high entry costs prevent new producers from entering the market.

explanation:

an oligopoly is a term used to clarify the structure of a particular market, industry, or organization. a market is considered oligopolistic or amazingly focused when it is shared between a few companies.