Misinformation Quickly Spread
The newspaper and journalism industry is plagued by competition. Everyone wants to be the first newspaper out with the news, which is exactly what happened with the Titanic. Sadly, the misinformation was already spreading and early reports claimed that everyone survived. It took days for people to even learn that anyone died.
Ticket Prices Back in the Day
Naturally, the ticket price for the Titanic was a bit astronomical. First-class tickets ranged from $30 to $4,350 ($775 to $112k). Second-class tickets were between $12 and $60 ($300 and $1.5k). The third-class tickets were between $8 and $40 ($200 and $1.1k). Even the most impoverished people had to most likely spend their life savings to get onto this ship.