The Great Gatsby Old Money v. New Money
Old Money Inherited wealth When families have had money for three or more generations Money is not a big deal because it has always been in their family. People from old money are considered to be classic, conservative, and less modern
Examples of Old Money The Rockefeller's The Vanderbilt’s Kennedy’s Carnegie’s
New Money Money acquired in a person’s lifetime or generation Emphasizes idea that an individual was previously part of lower socioeconomic rank The “new money” has allowed the individual to acquire goods or luxuries that were previously unattainable Can be seen as a derogatory term for the purpose of social class distinction
Examples of New Money Movie stars Musicians Professional athletes Lottery Winners
Old Money v. New Money Activity Directions: Look at the pictures given to you. Each one represents a characteristic of either old money or new money. 1. Number each picture and label whether it is old money or new money. 2. Explain whey EACH picture represents old money or new money.
Old Money v. New Money Analysis Directions: Answer these questions after you complete the old money v. new money activity. 1. Do you think F. Scott Fitzgerald would be considered old money or new money? Explain your choice below. 2. Which classification of money would his wife Zelda fit into? Explain your choice below. 3. Why does the conflict between old money and new exist? They are both rich, so why is there a social disparity between the two types of money. Explain what causes the conflict between old money and new money.