I'm a bit in two minds really.
My parents, their siblings, and even my paternal grandparents (in the very early 1950s) all had big weddings, loads of guests, amazing catered receptions etc. These aren't people with loads of money, but mainly rural families, where people are fairly proud and want to put on a good show.
My other grandparents who conversely were town dwellers and met after WW2 and had a small ish registry office wedding with just immediate family and best friends. Not sure if that has any bearing, but it's my experience! But obv no hen or stag dos, other than the men maybe going for a pint at the local!
Our wedding was in the 2000s, was. Biggish wedding, but we did a lot of it ourselves and had family doing the flowers and cake etc, and it was on a (reasonable) budget. Both had weekend long hen/stag dos but in the UK.
I think now, as others have said, there's more pressure than ever to have an 'instagram' wedding, where every minor detail is planned to the nth degree. Some close friends of ours' daughter is getting married soon, and to them it is the event of the decade. But then they're a very close family who idolise their adult children, so maybe it'd be like that irrespective of Instagram? I'm sure it'll be lovely, and am looking forward to forward to it, but really hope they've not absolutely skinted themselves to do it!