Ferraro was born May 24, 1924, in the working class suburb of Cudahy, California, just south of Los Angeles, "the youngest son of a family of eight children whose Italian immigrant parents ran a macaroni factory before going broke during the Depression." He attended Bell High School in Bell, California, where he graduated in 1942, and he earned a bachelor of science degree in business administration from the University of Southern California after World War II.
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