Question

What is the impact of concentration and globalization on the video-game industry?

a) It has led to a decrease in the number of gaming companies.
b) It has made video games more region-specific.
c) It has expanded the reach of gaming companies and their products.
d) It has reduced the quality of video games.

Answer 1

The impact of concentration and globalization on the video-game industry has been to expand the reach of gaming companies and their products.

Step-by-step explanation:

The impact of concentration and globalization on the video-game industry has been to expand the reach of gaming companies and their products. Globalization has enabled video game companies to reach a worldwide audience and enter new markets. As a result, the industry has experienced growth and increased revenue.

For example, large video game companies like Nintendo, Sony, and Microsoft have been able to establish global distribution networks, allowing their products to be available in multiple regions. This has led to the growth of the industry and the increase in the number of gamers worldwide.