This is from Ray Bradbury's "The Veldt."
I suggest you read the full story.
https://docs.google.com/viewer?a=v&q=cache:PsLI-UuRos4J:www.d.umn.edu/~csigler/PDF%2520files/bradbury_veldt.pdf+the+veldt&hl=en&gl=us&pid=bl&srcid=ADGEESgSHxKWZnZrPe0qZuXjzu1Amhiger_YleF9OFId628qMahCagx8QUNBcc6MMu8r-mN7-eNkkosTzZLqvLWFT33cBODOko4ag8MChAOzMVT06EosXdzy1b4mo2BGDQgCMTFj_XPR&sig=AHIEtbTwyIzr9BBHVHsakUTYuSpohfQiow
Here's a summary of it.
http://en.wikipedia.org/wiki/The_Veldt_(short_story)
Now -- back to your assignment. Bradbury has made it obvious that giving children everything has backfired. The children are out of control. What do you think the parents should do differently now?