Teapot Dome Scandal
A bribery scandal involving the administration of US President Warren G. Harding
Real World Example
The Teapot Dome scandal was important because it exposed corruption at high levels of government during a time when the economy was booming in the 1920s. It involved government officials taking bribes from oil companies to lease federal oil reserves, showing how money could influence politics. This highlighted the need for transparency and accountability in government, issues that remain important today. On a daily level, people now expect fair business practices and honesty from leaders, impacting how they vote and trust public institutions. For example, when people see strict regulations on political donations or lobbying today, it connects back to lessons learned from the Teapot Dome scandal about preventing corruption.