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Overview of Video Games and Global Economy

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Writing is my passion and continuing from 2013 to date on various platforms. I completed my M.Sc. in 1996 in Applied Physics & Electronics.

Do Video Games Play Any Role in Global Economy?

In brief, Video Games play a very vital role in the global economy through gaming industries. To have an elaborative and informative picture, just go through the entire from beginning to the end. You should not leave a single piece of cake of this article.

overview-of-video-games-and-global-economy

Video games play a significant role in the global economy, though. It is surprising to most of us, but it is reality. By definition, Wikipedia states, the video game is an electronic game with the user and generates visual feedback on a two or three-dimensional video display unit like touchscreen, virtual reality headset, or monitor/TV.


In other words, it is such a thing or invention by the gaming industry, played electronically, that manipulates images and is produced by various computer programs that are seen/observed on the screen of the display units. This interactive invention allows users to control images that computer programmers are used to designing—the programmers design games by considering account the emotion of the users as well. Video games possess vibrant colors, sound effects, and complex graphics effects.


As an industry, the video game industry has got a wide range of periphery and incorporates many aspects within it. It is such an industry that revolution in every area provides entertainment through TV, movies. It is not about a circuit board or chips. It is about people driven by vision and obsession. It is about games that have been played, making kids social and also provides lots of fun and enjoyment while residing at home alone or with associates. It might be about fears, wars, and even well-programmed classic pirates. The whole generation has grabbed joystick or similar driving element to be part of video games. The secret behind the games involves the passion for the power of the games industry and a lot on the guys who worked hard to made it happen. The video game is a new technological frontier. The innovative format of communication and storytelling features have made it the future of entertainment. Video games explored from hidden in the early 1950s and started beginning exploration, slowly but steadily. The growing fashion maintained the trail, which has driven it from the research center to the arcade to our living room. The world’s ever-released video console is “Magnavox Odyssey.” In 1971, the ever-known video game was “Computer Space.” Some say it is complicated, though. This game was created by Nolan Bushnell and Ted Dabney as a partnership and treated as the first arcade video game and the first commercial game as well.


The video game has taken a position at the edge of contemporary global economic culture, and in this manner, it plays a significant role in the economy around the world. The tremendous growing fashion or tendency generates remarkable revenue, which is much more than the combined music and film industries. There is no argument in this regard.


In the form of digital art, video games becoming strengthen as it goes by. The simple and complex phenomenon of gaming is to capture and communicate to millions who have got high acceptability or recognition by the institutions and the critics. This scenario has to lead the social attitudes in a positive fashion/manner against it. It has come out with its various entertaining phenomenon. It processes on multiple platforms. Some of the video games are made by following historical facts or events. Through that, it does tell us the story against a specific event that happened in the past. Some others are related to; documentary, learning-based, and so on. The imagination of our does not bear any limit, which does reflect in gaming. While playing, any particular game might seem to us just a part of our entertainment, far away or not possible at all in real life.


But in most cases, it has been experienced that the researchers have made that real which was initially thought of as absurd. Nature explores our depth of knowledge to go for inventing new inventions. Too many examples are available in this regard.


Video games rare established in such a manner that lead our thinking and desire apart from our sophisticated culture. The interactivity phenomenon makes people engage for a more extended version. It encourages them to go for individual challenges, compete with others, and fulfill their desire with great joy and entertainment. It enhances a competitive attitude, as well. We spend unscheduled hours through smartphones juicy content to pass our leisure time with full of entertainment. The games available to us from one format to another, and there is no conflict experienced against this statement.


The Internet has made a dramatic change in the entire scenario of having video games. We can have access to multi-format, multi-generational gaming libraries through the Internet. Furthermore, gaming has made video games disposable against a past culture, which is either fragile or opposite to it. In the modern emerging technological/digital era, most games have got a virtual platform. In a nutshell, our daily life has been much more inclined to the video game, which might be or more precisely treated as the “gamification” of the everyday. The technological flourishment allows us to record games on portable devices and to carry them anywhere we like. We can keep ourselves engaged within our social arena, which also helps us to build-up social networks.
If we talk about the timeline that video games have taken to penetrate our social culture, it is relatively slow in comparison to its peers, but the rate of growth is significant. In the last forty years, starting from 1970 or 1971, it has become a fierce competitor in the context of both economical and powerful creative force. It has grabbed almost every part of life, from the playground to our sensitive private area, bedroom. The people of different occupations are involved in using a video game as part and parcel of their life to pass with enjoyment in leisure time.
The initial edge of the gaming industry is yet being treated or considered as a golden age of creativity and originality for its today’s flourishment. With the aid of the Internet, game design has become much more expressive. The technological revolution has also made video games cheaper in the form of more accessible computing. These factors have explored the tremendous opportunity for the gaming industry to create and distribute games around the world. That has also increased significant job opportunities worldwide.
As it said earlier, the video game has walked out to all arena of life as well as businesses large and small. The future of video games is inevitable, having tremendous potentiality to evolve but badly needed things as; ceaseless requirement of the process to create skilled employment, and more people have to be informed and educated to reach its highest peak, though the sky is the limit in this regard.

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