Nintendo’s Resurgence: Reviving the Video Game Industry Post-1983 Recession

The video game industry in the US faced a significant downturn in 1983, seeing a sharp drop in revenue from $3.2 billion to a mere $100 million by 1985. However, the slump was mitigated when Nintendo launched the Nintendo Entertainment System (NES), a move that is often credited with the industry’s subsequent resurgence.

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