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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 113 · 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 is the odd one out? (a) medicine when ill (b) a video game (c) designer sunglasses (d) a bigger TV
  2. 2.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  3. 3.Which of these is a want? (a) school shoes (b) notebooks for school (c) a school uniform (d) a third pair of shoes
  4. 4.True or false: “a party dress” is a need. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) rice and dal (d) drinking water
  6. 6.Which of these is a want? (a) soap (b) school shoes (c) a bigger TV (d) drinking water
  7. 7.True or false: “a toy robot” is a need. (a) False (b) True
  8. 8.🛒 Need or want: a sticker album? (a) a need (b) a want
  9. 9.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  10. 10.🛒 Need or want: a warm blanket? (a) a want (b) a need
  11. 11.True or false: “designer sunglasses” is a need. (a) True (b) False
  12. 12.True or false: “a roof over your head” is a need. (a) True (b) False
  13. 13.Which of these is a want? (a) soap (b) school shoes (c) designer sunglasses (d) drinking water
  14. 14.True or false: “soap” is a need. (a) False (b) True
  15. 15.True or false: “medicine when ill” is a want. (a) False (b) True
  16. 16.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  17. 17.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  18. 18.🛒 Need or want: a roof over your head? (a) a want (b) a need
  19. 19.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
  20. 20.Which of these is a need? (a) school shoes (b) a glitter pen set (c) a video game (d) a toy robot
  21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
  22. 22.True or false: “a third pair of shoes” is a need. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) a fancy phone cover (d) drinking water
  24. 24.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) sweets every day (d) a warm blanket
  25. 25.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) sweets every day (d) notebooks for school
  27. 27.🔍 Which is the odd one out? (a) a school uniform (b) a fancy phone cover (c) a toy robot (d) a sticker album
  28. 28.🛒 Need or want: notebooks for school? (a) a need (b) a want
  29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
  30. 30.True or false: “notebooks for school” is a want. (a) False (b) True
  31. 31.Which of these is a need? (a) a sticker album (b) rice and dal (c) a video game (d) a bigger TV
  32. 32.True or false: “a warm blanket” is a need. (a) False (b) True
  33. 33.True or false: “a roof over your head” is a want. (a) True (b) False
  34. 34.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  35. 35.🛒 Need or want: sweets every day? (a) a need (b) a want
  36. 36.True or false: “rice and dal” is a need. (a) False (b) True
  37. 37.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  38. 38.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a toy robot (d) medicine when ill
  39. 39.🛒 Need or want: a school uniform? (a) a need (b) a want
  40. 40.True or false: “medicine when ill” is a need. (a) False (b) True

Answer key

  1. medicine when ill
  2. umbrellas and raincoats
  3. a third pair of shoes
  4. False
  5. a fancy phone cover
  6. a bigger TV
  7. False
  8. a want
  9. a want
  10. a need
  11. False
  12. True
  13. designer sunglasses
  14. True
  15. False
  16. we must have to live
  17. a want
  18. a need
  19. many people want it
  20. school shoes
  21. a want
  22. False
  23. drinking water
  24. a warm blanket
  25. the needs
  26. notebooks for school
  27. a school uniform
  28. a need
  29. a need
  30. False
  31. rice and dal
  32. True
  33. False
  34. a want
  35. a want
  36. True
  37. people always need them
  38. a toy robot
  39. a need
  40. True

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