And a typical install of Windows 95 was 55 MB. Which included a bunch of images, sounds, ...
800x600 16 bit backgrounds and 16x16 16 bit icons...
> sounds
MIDI sounds...
We're not living in 1995, anymore.
Also, as far as I know even stuff like compilers (if they want to support Unicode fully) have to pull in dependencies like ICU, which because of its symbol DB weighs about 30MB.
That's another problem Win 95-era software didn't have to care about...
JPG was released in 1992, GIF in 1987.
Pretty sure sounds in Win95 were MIDI, which aren't even actual audio files.
And no, Win95 did include real audio files (if small).