Question 1

What is a video game?

Accepted Answer

A video game is a fun activity you play on a computer, console, or phone where you can control characters and do exciting tasks or adventures.

Question 2

Why do companies make video games?

Accepted Answer

Companies make video games because people enjoy playing them and are willing to spend money on them, and this helps the companies earn money.

Question 3

How do video game companies make money?

Accepted Answer

Video game companies make money by selling games, getting money from ads, or offering items to buy in the game, like clothes for characters.

Question 4

What is a game console?

Accepted Answer

A game console is a device that connects to your TV and lets you play video games on it, like a PlayStation or Xbox.

Question 5

Why are some video games free to play?

Accepted Answer

Some video games are free because they make money in other ways, like showing ads or selling special items inside the game.

Question 6

What does it mean to buy items in a game?

Accepted Answer

Buying items in a game means you spend real money to get extra things in the game, like new outfits for your character or special tools.

Question 7

Why do some video games cost so much to make?

Accepted Answer

Making video games can be expensive because many people work on them for a long time, like artists, writers, and programmers, and they need to be paid.

Question 8

How does advertising work in video games?

Accepted Answer

Sometimes, ads in video games show you products or other games, and the companies that advertise pay the game makers to show these ads.

Question 9

What is a subscription service for games?

Accepted Answer

A subscription service is where you pay a certain amount of money each month to play many different games, like a library of games to choose from.

Question 10

Why do games have updates?

Accepted Answer

Games have updates to fix problems, add new things, or make the game more fun and exciting to keep players interested.

Question 11

Who decides how much a video game costs?

Accepted Answer

The people who make and sell the video game decide the price, often by looking at how much it cost to make and how much people are willing to pay.

Question 12

What are independent games or indie games?

Accepted Answer

Indie games are made by small teams or individuals, not big companies, and they can have unique or creative ideas.

Question 13

Why do some video games take a long time to finish?

Accepted Answer

Video games can take a long time to finish because they might have big worlds to explore or many levels to complete, making the game longer and more fun.

Question 14

What is a downloadable game?

Accepted Answer

A downloadable game is one you can get from the internet onto your computer or console instead of buying a physical disc.

Question 15

Why do people buy video game merchandise?

Accepted Answer

People buy video game merchandise like shirts and toys because they love the game and want to show it off or collect things related to it.

Question 16

How do reviews help you decide what game to buy?

Accepted Answer

Reviews tell you what other people think about the game, helping you decide if it’s fun and worth your money.

Question 17

What is a video game developer?

Accepted Answer

A video game developer is someone who makes video games, creating the characters, worlds, and challenges players see and experience.

Question 18

Why do video games have ratings?

Accepted Answer

Video games have ratings to show what age group the game is suitable for and to warn about any scary or intense content.

Question 19

How does buying games online work?

Accepted Answer

When you buy games online, you pay for them using a credit card or online account, download them to your device, and then you can start playing.

Question 20

What is a game in the cloud?

Accepted Answer

A cloud game is one you can play over the internet without needing to download it first, allowing you to access it anywhere with a good internet connection.

The Economics of Video Games - 20 FAQs Explained Simply