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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 115 · 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: “a school uniform” is a need. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a fancy phone cover (d) soap
  3. 3.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) medicine when ill (d) a toy robot
  4. 4.True or false: “rice and dal” is a want. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a school uniform (d) school shoes
  6. 6.🛒 Need or want: a warm blanket? (a) a need (b) a want
  7. 7.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
  8. 8.Which of these is a want? (a) a school uniform (b) school shoes (c) rice and dal (d) sweets every day
  9. 9.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) a fancy phone cover (d) soap
  10. 10.Which of these is a want? (a) a bigger TV (b) bus fare to school (c) school shoes (d) notebooks for school
  11. 11.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
  12. 12.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a school uniform (d) a bigger TV
  13. 13.True or false: “a glitter pen set” is a need. (a) True (b) False
  14. 14.🛒 Need or want: rice and dal? (a) a need (b) a want
  15. 15.Which of these is a need? (a) a party dress (b) a roof over your head (c) designer sunglasses (d) a video game
  16. 16.🛒 Need or want: school shoes? (a) a want (b) a need
  17. 17.Which of these is a need? (a) designer sunglasses (b) a warm blanket (c) a video game (d) sweets every day
  18. 18.Which of these is a need? (a) a party dress (b) school shoes (c) designer sunglasses (d) a sticker album
  19. 19.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) notebooks for school (d) a video game
  20. 20.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) a third pair of shoes (d) school shoes
  21. 21.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) a toy robot (d) designer sunglasses
  22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) a third pair of shoes (d) a bigger TV
  23. 23.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  24. 24.True or false: “a warm blanket” is a need. (a) False (b) True
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
  26. 26.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) designer sunglasses (d) notebooks for school
  27. 27.Which of these is a need? (a) a sticker album (b) rice and dal (c) a party dress (d) sweets every day
  28. 28.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) soap (d) a fancy phone cover
  29. 29.Which of these is a want? (a) soap (b) a school uniform (c) rice and dal (d) a glitter pen set
  30. 30.True or false: “drinking water” is a want. (a) False (b) True
  31. 31.True or false: “soap” is a need. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) drinking water (d) school shoes
  33. 33.True or false: “soap” is a want. (a) False (b) True
  34. 34.🛒 Need or want: notebooks for school? (a) a need (b) a want
  35. 35.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
  36. 36.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) drinking water (d) sweets every day
  37. 37.Which of these is a want? (a) rice and dal (b) soap (c) designer sunglasses (d) notebooks for school
  38. 38.True or false: “a party dress” is a need. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) school shoes (d) a video game
  40. 40.True or false: “a bigger TV” is a want. (a) False (b) True

Answer key

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

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