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The $56.6 billion gaming industry is not playing around…
Answer:
- Call of Duty: Modern Warfare 2
- Elden Ring
- Madden NFL 23
Questions:
- What similarities/patterns do you see in the list of top selling video games?
- What are some ways that game developers “nudge” players to spend more?
- Do you think it’s important to include things like video games in your budget? Explain why or why not.
Behind the numbers (esa):
“Overall video game sales saw a decrease of 5%, even with console sales reaching $6.57 billion in 2022, an 8% year-over-year increase, with more than $1.5 billion spent on consoles in December 2022 alone. Content spending generated $47.5 billion and accessory sales reached $2.5 billion, a 7% and 8% decrease from 2021. 2022 data demonstrate the ongoing economic impact of the video game industry in the U.S., even as numbers stabilize post-COVID – in 2019, overall video game sales ended at $43.5 billion, with content at $37 billion, consoles at $3.9 billion, and accessories at $2.2 billion.”
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Wand to capitalize on your students’ love for games? Check out NGPF’s Arcade!
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Get your students active in planning their financial future with NGPF’s Budgeting unit!
About
the Author
Ryan Wood
Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.
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