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Toys Were Us – Now Let’s Build Something Better!

Sep 6, 2018 | Single Videos, Teacher's Guide Available, Kahoot!

Overview
It is sad when a business we have grown up with closes. Often, that closing is a result of creative destruction. But is that good, bad, or just the natural course in an ever-developing world? This video looks at some of the changes brought about by creative destruction and argues that to stop creative destruction would stop progress. Pair with: This video is a good standalone video, but it can be paired with other videos, such as "Eye Test Innovators" and "Lab-Grown Meat Is Coming to Your Supermarket."

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Lesson Insights

Grade level and subjects
• Recommended for grades 6-12
• Subjects: Business and Economics
• Works in Classroom, Hybrid, and Homeschool settings

Sample discussion questions
• What are some examples of creative destruction that you would be willing to give up? Would you be willing to stop others from having them? How would that affect others?
• What toy store is the main example in the video? How was this a case of creative destruction?
• In order to protect current jobs, should the government stop creative destruction from taking place? Why / Why not?
• Develop a PMI chart about creative destruction.
• Write an essay that explains creative destruction and discuss whether it is good, bad, or just the natural course of life in an ever-developing world? Should there be limits? Who should decide? What happens when creative destruction is prevented or interfered with?

What’s in the free teacher’s guide
This printable 2-page Teacher's Guide includes a lesson description, a fill-in viewing guide with answer key, and discussion and analysis questions.

Standards alignment
Aligned to state standards — use the SITC Standards Tool to match this video to the standards in your state.