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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 135 · 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.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  2. 2.🛒 Need or want: medicine when ill? (a) a want (b) a need
  3. 3.True or false: “rice and dal” is a want. (a) False (b) True
  4. 4.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a warm blanket (d) a glitter pen set
  5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
  6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) notebooks for school (d) designer sunglasses
  7. 7.Which of these is a need? (a) a bigger TV (b) bus fare to school (c) a toy robot (d) a sticker album
  8. 8.True or false: “rice and dal” is a need. (a) True (b) False
  9. 9.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  10. 10.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a fancy phone cover (d) soap
  11. 11.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) school shoes (d) sweets every day
  12. 12.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a roof over your head (d) a fancy phone cover
  13. 13.🛒 Need or want: bus fare to school? (a) a need (b) a want
  14. 14.True or false: “a third pair of shoes” is a want. (a) False (b) True
  15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) a video game (d) sweets every day
  17. 17.🛒 Need or want: a warm blanket? (a) a want (b) a need
  18. 18.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a warm blanket (d) a fancy phone cover
  19. 19.🛒 Need or want: a roof over your head? (a) a want (b) a need
  20. 20.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a school uniform (d) a glitter pen set
  21. 21.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  22. 22.True or false: “a roof over your head” is a want. (a) True (b) False
  23. 23.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) a third pair of shoes (d) drinking water
  24. 24.True or false: “drinking water” is a need. (a) False (b) True
  25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
  26. 26.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  27. 27.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  28. 28.🛒 Need or want: notebooks for school? (a) a need (b) a want
  29. 29.True or false: “a fancy phone cover” is a want. (a) False (b) True
  30. 30.🛒 Need or want: a school uniform? (a) a need (b) a want
  31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
  32. 32.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) a party dress (d) a bigger TV
  33. 33.True or false: “medicine when ill” is a want. (a) True (b) False
  34. 34.True or false: “bus fare to school” is a want. (a) False (b) True
  35. 35.🛒 Need or want: soap? (a) a need (b) a want
  36. 36.True or false: “soap” is a want. (a) False (b) True
  37. 37.🛒 Need or want: sweets every day? (a) a want (b) a need
  38. 38.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a sticker album (d) rice and dal
  39. 39.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) a toy robot (d) medicine when ill
  40. 40.True or false: “bus fare to school” is a need. (a) True (b) False

Answer key

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

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