In The Great Gatsby , the setting is split into three settings, West Egg, which is for new money, East Egg which is for old money, and basically everywhere else, is for everyone else.
West Egg, known as the home for new money which means people who actually worked for their money. If their parents have money, they choose not use it like Nick Carraway. A lot isn't known about some of them, like Jay Gatsby, but he makes up for it by throwing over the top parties, that everyone attends.
East Egg, known as the home for old money which means people who have inherited money from their family, and were born into money. People like Daisy and Tom Buchanan. People from East Egg look down upon people who live in West Egg, no matter how much money each have.
Other than the when and how they got their money, there are quite a few differences between people from West Egg and East Egg. Jay Gatsby, who seems to be the only person in the book is truly new money, seems to feel like money is needed to be happy. He throws huge parties, hosting them with people he mostly doesn't know, buying them presents, all to impress Daisy. He goes to a lot of trouble and uses a lot of money, to get Daisy. To him, being with Daisy again, he will finally be happy, and the can happily live together with his perfect house, and great shirts. People who live in West Egg however, have been used to a lot of money, even though they own a lot of fancy, valuable possessions, they don't go to great lengths buying things to impress or show off to people. This is probably because everyone knows their names, and families, so they don't need to prove anything, unlike Gatsby, who has to because people assume things about him, like he killed someone, as well as other things. Also, people from West Egg are more social and outgoing because they want to meet more people, unlike East Egg residents, who are secluded, and have a few friends.
