It is well known that every closed subspace of a Banach space is itself a Banach space. However this only addresses one direction, and the subspace norm is the one it inherits from the larger space. But what if $X_1\subset X$ is a Banach space under norm $\|\cdot\|_1$, where $X$ is a Banach space under a different norm $\|\cdot\|$? Can we say anything about whether $X_1$ is closed or dense in $X$?
An example would be $L^{p_1}(I)\subset L^{p_2}(I)$, where $I$ is a measure space, and $0<p_1<p_2<\infty$. Is $L^{p_1}(I)$ closed or dense in $L^{p_2}(I)$, under the norm $\|\cdot\|_{p_2}$? Is the $\|\cdot\|_{p_1}$ topology even the same as the $\|\cdot\|_{p_2}$ one, on subspace $L^{p_1}(I)$?