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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 107 · 40 questions
TalentJR

Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “designer sunglasses” is a want. (a) False (b) True
  2. 2.🛒 Need or want: school shoes? (a) a want (b) a need
  3. 3.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
  4. 4.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  5. 5.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
  6. 6.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a glitter pen set (d) a warm blanket
  7. 7.Which of these is a want? (a) rice and dal (b) school shoes (c) a fancy phone cover (d) medicine when ill
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
  9. 9.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a sticker album (d) notebooks for school
  10. 10.True or false: “a fancy phone cover” is a need. (a) True (b) False
  11. 11.Which of these is a want? (a) a school uniform (b) a toy robot (c) rice and dal (d) soap
  12. 12.True or false: “a sticker album” is a need. (a) True (b) False
  13. 13.🛒 Need or want: a sticker album? (a) a need (b) a want
  14. 14.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) drinking water (d) a bigger TV
  15. 15.🛒 Need or want: a warm blanket? (a) a want (b) a need
  16. 16.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) a video game (d) a warm blanket
  17. 17.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a warm blanket (d) a party dress
  18. 18.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
  19. 19.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a warm blanket (d) a school uniform
  20. 20.🛒 Need or want: a party dress? (a) a need (b) a want
  21. 21.True or false: “drinking water” is a want. (a) True (b) False
  22. 22.🛒 Need or want: drinking water? (a) a want (b) a need
  23. 23.🛒 Need or want: a bigger TV? (a) a want (b) a need
  24. 24.True or false: “drinking water” is a need. (a) False (b) True
  25. 25.True or false: “a warm blanket” is a want. (a) True (b) False
  26. 26.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  27. 27.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
  28. 28.True or false: “a bigger TV” is a want. (a) True (b) False
  29. 29.True or false: “sweets every day” is a want. (a) True (b) False
  30. 30.🛒 Need or want: a video game? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) school shoes (d) notebooks for school
  32. 32.🛒 Need or want: soap? (a) a want (b) a need
  33. 33.Which of these is a want? (a) bus fare to school (b) soap (c) a bigger TV (d) drinking water
  34. 34.True or false: “a warm blanket” is a need. (a) True (b) False
  35. 35.🛒 Need or want: a school uniform? (a) a need (b) a want
  36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  37. 37.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a video game (d) school shoes
  38. 38.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a third pair of shoes (d) a fancy phone cover
  39. 39.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
  40. 40.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) rice and dal (d) a toy robot

Answer key

  1. True
  2. a need
  3. the needs
  4. a want
  5. we must have to live
  6. a glitter pen set
  7. a fancy phone cover
  8. people always need them
  9. a sticker album
  10. False
  11. a toy robot
  12. False
  13. a want
  14. a bigger TV
  15. a need
  16. a video game
  17. a party dress
  18. hot drinks
  19. a glitter pen set
  20. a want
  21. False
  22. a need
  23. a want
  24. True
  25. False
  26. a want
  27. a need: food
  28. True
  29. True
  30. a want
  31. a third pair of shoes
  32. a need
  33. a bigger TV
  34. True
  35. a need
  36. a want
  37. school shoes
  38. soap
  39. umbrellas and raincoats
  40. rice and dal

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