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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 108 · 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.Which of these is a want? (a) school shoes (b) a glitter pen set (c) a roof over your head (d) rice and dal
  2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) a fancy phone cover (d) drinking water
  3. 3.🔍 Which is the odd one out? (a) a toy robot (b) notebooks for school (c) bus fare to school (d) a warm blanket
  4. 4.🔍 Which is the odd one out? (a) bus fare to school (b) a glitter pen set (c) rice and dal (d) notebooks for school
  5. 5.True or false: “a glitter pen set” is a want. (a) False (b) True
  6. 6.True or false: “a third pair of shoes” is a want. (a) True (b) False
  7. 7.Which of these is a want? (a) designer sunglasses (b) a school uniform (c) drinking water (d) soap
  8. 8.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  9. 9.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
  10. 10.True or false: “a toy robot” is a need. (a) True (b) False
  11. 11.True or false: “a sticker album” is a need. (a) False (b) True
  12. 12.Which of these is a want? (a) a roof over your head (b) drinking water (c) school shoes (d) a bigger TV
  13. 13.True or false: “medicine when ill” is a want. (a) True (b) False
  14. 14.True or false: “rice and dal” is a need. (a) True (b) False
  15. 15.True or false: “bus fare to school” is a want. (a) False (b) True
  16. 16.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  17. 17.🛒 Need or want: rice and dal? (a) a need (b) a want
  18. 18.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  19. 19.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) drinking water (d) designer sunglasses
  20. 20.True or false: “a fancy phone cover” is a need. (a) True (b) False
  21. 21.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
  22. 22.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  23. 23.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) a bigger TV (d) a party dress
  24. 24.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  25. 25.True or false: “drinking water” is a need. (a) False (b) True
  26. 26.True or false: “a bigger TV” is a need. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a sticker album (d) soap
  28. 28.🛒 Need or want: bus fare to school? (a) a need (b) a want
  29. 29.🛒 Need or want: a video game? (a) a want (b) a need
  30. 30.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) a warm blanket (d) soap
  31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
  32. 32.🛒 Need or want: a warm blanket? (a) a want (b) a need
  33. 33.Which of these is a need? (a) rice and dal (b) a video game (c) a fancy phone cover (d) designer sunglasses
  34. 34.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) a party dress
  35. 35.True or false: “bus fare to school” is a need. (a) True (b) False
  36. 36.True or false: “soap” is a want. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a third pair of shoes (d) rice and dal
  38. 38.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) sweets every day (d) a school uniform
  39. 39.Which of these is a need? (a) a fancy phone cover (b) a video game (c) designer sunglasses (d) a warm blanket
  40. 40.True or false: “a party dress” is a want. (a) False (b) True

Answer key

  1. a glitter pen set
  2. a fancy phone cover
  3. a toy robot
  4. a glitter pen set
  5. True
  6. True
  7. designer sunglasses
  8. a want
  9. umbrellas and raincoats
  10. False
  11. False
  12. a bigger TV
  13. False
  14. True
  15. False
  16. the needs
  17. a need
  18. a want
  19. drinking water
  20. False
  21. a need: food
  22. we must have to live
  23. a roof over your head
  24. a want
  25. True
  26. False
  27. a sticker album
  28. a need
  29. a want
  30. a video game
  31. people always need them
  32. a need
  33. rice and dal
  34. notebooks for school
  35. True
  36. False
  37. rice and dal
  38. a school uniform
  39. a warm blanket
  40. True

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