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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 13 · 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.

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

Answer key

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

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