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Answer :
Answer:
JP Morgan came from a wealthy family, whereas Andrew Carnegie started out in a low-income situation. JP Morgan was born in the United States. He was sent to boarding schools, studied abroad in Switzerland in his teens, and then went to work for his father's bank early on. Andrew Carnegie was born in a one room weaver's cottage, and that was shared with another family. His family was starving when he moved to make progress to the United States. He worked as a bobbin boy for $1.20 a week. Carnegie worked hard in labor jobs for a good portion of his life and did not make his fortune in the steel industry until he entered his 50s. answer AAAA
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Final answer:
J.P. Morgan was born into wealth and accumulated his fortune through investments, while Andrew Carnegie rose from humble origins and focused on controlling steel production.
Explanation:
J.P. Morgan and Andrew Carnegie had different backgrounds and approaches to their wealth. Unlike Carnegie, Morgan was born into a wealthy family and became even wealthier as an investment banker. While Carnegie focused on controlling every aspect of steel production, Morgan accumulated his fortune through wise financial decisions and investments in growing companies. Both men were powerful businessmen, but Morgan's life differed from Carnegie's in terms of his family background and financial strategies.
