the great gatsby. inherited wealth when families have had money for three or more generations money...
TRANSCRIPT
Old Money v. New Money
The Great Gatsby
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, traditional, 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 your paper 1-13, and then label whether each picture is old money or new money.
2. Explain whey EACH picture represents old money or new money.
Old Money or New Money?
#1 #2
Old Money or New Money?
#3 #4
Old Money or New Money?
#5 #6
Old Money or New Money?
#7 #8
Old Money or New Money?
#9 #10
Old Money or New Money?
#11 #12