The Great Gatsby

what is Nick's family's socio-economic background?

I only need an answer from chapter one

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From the text:

"My family have been prominent, well-to-do people in this Middle Western city for three generations. The Carraways are something of a clan, and we have a tradition that we’re descended from the Dukes of Buccleuch, but the actual founder of my line was my grandfather’s brother, who came here in fifty-one, sent a substitute to the Civil War, and started the wholesale hardware business that my father carries on to-day."

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The Great Gatsby