Video Games

[NAME]

[PROFESSOR]

[CLASS /COURSE]

[DATE]

Video Games : Key Issues in Economics and Family Perception

Introduction

It is evident that video games have been present for so long . From small moving bars and dots and monochromatic visual schemes to high-definition and motion-based controls , video games have undergone a dramatic evolution . In addition , based on surveys , it has been determined that over 80 of teenagers own a video game device (National Institute on Media and the Family [NIMF] . Even though they are rather prolific , video games have often faced challenges

in one way or another Currently , the economic crisis has affected the industry in some way , as virtually , every industry has been affected . Another issue is the negative publicity regarding video games and its implications upon children and families . Therefore , given these issues and in consideration of the evolving nature of video games and the industry as a whole , the aim of the research is to assess the current state of the video game industry amidst the current global economic crisis and also determine whether perceptions and implications of video games towards families have changed throughout the past few years

Facing the Economic Crisis

As mentioned , virtually every industry has been affected by the current global economic crisis . As a matter of fact , even the major video game publishers have been affected by the negative economic trends Specifically , Electronic Arts , Blizzard , Nintendo , and THQ have all experienced fluctuations in the stock market as significant reductions in share value for each of the...