Final answer:
The claim that the ESRB was established by the government is false; it was actually set up by the Entertainment Software Association, a trade group for the video game industry, to help consumers make informed choices.
Step-by-step explanation:
The statement that the Entertainment Software Rating Board (ESRB) was established by the government to regulate and label video game content for different audiences is false. The ESRB is a self-regulatory organization that assigns age and content ratings, enforces industry-adopted advertising guidelines, and ensures responsible online privacy principles. It was established in 1994 not by the government, but by the Entertainment Software Association (ESA), which is a trade association for the video game industry. The purpose of the ESRB is to help consumers, especially parents, make informed decisions about which video games are appropriate for their families.