Here are some general differences typically highlighted between "Old Money" and "New Money" in the context of "The Great Gatsby":
OLD MONEY
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Investing:
- Investments tend to be conservative and stable, focusing on established assets like stocks and bonds.
- Wealth is often passed down through generations and is typically more secure and traditional.
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Spending Habits:
- Spending is subtle and understated; Old Money individuals often prefer quality over quantity and do not flaunt their wealth.
- They might favor exclusive and timeless brands rather than trend-driven items.
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Publicity:
- Old Money families often maintain a low profile and avoid public displays of wealth. They value discretion and social etiquette.
- Their social connections and status are rooted in family lineage and tradition, leading to a more reserved presence in society.
NEW MONEY
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Investing:
- Investments can be more aggressive and speculative, often seeking quick returns or investments in emerging industries.
- New Money individuals might take risks with their wealth, such as investing in start-up businesses or high-stakes ventures.
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Spending Habits:
- Spending is often extravagant and conspicuous; New Money individuals showcase their wealth through lavish purchases and high-profile lifestyles.
- They are more likely to indulge in luxury brands and experiences that signify status and success.
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Publicity:
- New Money often embraces publicity and is more open about their wealth, using social media and public appearances to establish their identity.
- They may seek validation and recognition through public events or celebrity associations, often wanting to be seen as part of high society.
Summary
In "The Great Gatsby," these differences help to underline the social dynamics and tensions between characters like Gatsby (New Money) and Tom and Daisy Buchanan (Old Money), illustrating the distinctions in values, behaviors, and societal perceptions.