The way I heard it, the flu hit (and killed) young healthy adults worse than any other category. Something to do with immune system overreaction.
But war and disease certainly had its consequences.
So did motion pictures. Sudden wealth in Hollywood led to excesses onscreen and off, and the films affected fashion and morals.
Also, war got women out of the house and into the work force.
A good vid explaining the ‘Spanish Flu’, including why it was called the Spanish Flu can be found here:
https://www.youtube.com/watch?v=sE0-WWqhFls&t=124s&frags=pl%2Cwn
Young and healthy were particularly hard hit, partially because older adults had been exposed/survived a related strain years earlier.
You're right about the groups hardest hit by the disease - it was young adults... I remember from family stories a long time ago about the concentration of wealth which fueled much of the roaring twenties. Of course those family members have been dead for decades. I should have researched this a little before making a comment.