What effects did the 2008 economic crisis have on wealth and income inequality in the United States and Canada? ► View Available Hint(s) O Both wealth and income inequality have become more pronounced in both countries since 2008. O The crisis resulted in a smaller gap between the rich and poor. O Both countries responded by increasing taxes on the wealthy and increasing welfare benefits to the poor, thus reducing the gap. O The medium income for whites and blacks declined but increased for Canada's indigenous. O Canada responded to the crisis by redistributing wealth more evenly among its citizens, but the United States did not.
