5Financial literacy education reforms in Québec, Ontario, and North Carolina

Cautionary tales for the social studies

Agata Soroko

DOI: 10.4324/9781003020264-6

Over the last 40 years, the gap between the rich and poor has widened dramatically (Saez & Zucman, 2016). In the United States, the three wealthiest individuals own more wealth than the entire bottom half of the American population combined—160 million people (Collins et al., 2020). In Canada, 87 families collectively own the same amount as the lowest-earning 12 million Canadians (Macdonald, 2018). The unfolding COVID-19 crisis has both exposed the magnitude of these inequalities and deepened them. Although over 22 million people lost their jobs between March 18 and April 10, 2020, bringing ...

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