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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 122 · 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.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
  2. 2.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
  3. 3.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) rice and dal (d) a glitter pen set
  4. 4.True or false: “sweets every day” is a need. (a) True (b) False
  5. 5.🛒 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
  6. 6.🛒 Need or want: a party dress? (a) a want (b) a need
  7. 7.🛒 Need or want: a video game? (a) a need (b) a want
  8. 8.True or false: “a warm blanket” is a want. (a) True (b) False
  9. 9.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) a toy robot (d) drinking water
  10. 10.Which of these is a need? (a) a bigger TV (b) sweets every day (c) school shoes (d) a glitter pen set
  11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
  12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
  13. 13.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
  15. 15.Which of these is a want? (a) drinking water (b) a glitter pen set (c) notebooks for school (d) school shoes
  16. 16.🛒 Need or want: a sticker album? (a) a need (b) a want
  17. 17.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) school shoes (d) soap
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
  19. 19.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a bigger TV (d) a warm blanket
  20. 20.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
  21. 21.🔍 Which is the odd one out? (a) a party dress (b) soap (c) sweets every day (d) a sticker album
  22. 22.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
  23. 23.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) soap (d) a party dress
  24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
  25. 25.True or false: “a fancy phone cover” is a need. (a) False (b) True
  26. 26.🛒 Need or want: notebooks for school? (a) a want (b) a need
  27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
  28. 28.Which of these is a want? (a) rice and dal (b) school shoes (c) a warm blanket (d) designer sunglasses
  29. 29.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) a video game (d) drinking water
  30. 30.Which of these is a want? (a) school shoes (b) medicine when ill (c) rice and dal (d) a toy robot
  31. 31.True or false: “a bigger TV” is a need. (a) False (b) True
  32. 32.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  33. 33.Which of these is a want? (a) soap (b) notebooks for school (c) a bigger TV (d) a warm blanket
  34. 34.True or false: “designer sunglasses” is a need. (a) False (b) True
  35. 35.🛒 Need or want: sweets every day? (a) a need (b) a want
  36. 36.🛒 Need or want: a toy robot? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a video game (d) medicine when ill
  38. 38.True or false: “soap” is a need. (a) False (b) True
  39. 39.True or false: “bus fare to school” is a need. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a fancy phone cover (d) a roof over your head

Answer key

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

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