How was Carnegie's financial status during his childhood?
Affluent
Upper Middle Class
Average
Poverty
Answer
Although Andrew Carnegie's family was wealthy at one point, they experienced poverty when Andrew was young. His father, William Carnegie, had invested in a cotton mill in Dunfermline, Scotland. However, the mill failed during the Panic of 1837, and the family was forced to move to Allegheny City, Pennsylvania. There, Andrew worked in a variety of jobs to help support his family.
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