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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 143 · 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) paper fans (c) water guns (d) ice lollies
  2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  3. 3.🛒 Need or want: a roof over your head? (a) a need (b) a want
  4. 4.🛒 Need or want: a school uniform? (a) a want (b) a need
  5. 5.🛒 Need or want: sweets every day? (a) a need (b) a want
  6. 6.True or false: “a school uniform” is a want. (a) True (b) False
  7. 7.True or false: “a fancy phone cover” is a need. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) a bigger TV (d) a video game
  9. 9.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) medicine when ill (d) notebooks for school
  10. 10.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) sweets every day (d) a bigger TV
  12. 12.True or false: “sweets every day” is a need. (a) True (b) False
  13. 13.🛒 Need or want: a party dress? (a) a want (b) a need
  14. 14.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a roof over your head (d) a third pair of shoes
  15. 15.🛒 Need or want: a warm blanket? (a) a want (b) a need
  16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
  17. 17.🛒 Need or want: a bigger TV? (a) a want (b) a need
  18. 18.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a roof over your head (d) a sticker album
  19. 19.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
  20. 20.True or false: “a school uniform” is a need. (a) False (b) True
  21. 21.True or false: “drinking water” is a need. (a) True (b) False
  22. 22.🛒 Need or want: a video game? (a) a need (b) a want
  23. 23.🛒 Need or want: a sticker album? (a) a want (b) a need
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
  25. 25.🛒 Need or want: medicine when ill? (a) a need (b) a want
  26. 26.True or false: “medicine when ill” is a want. (a) True (b) False
  27. 27.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  28. 28.True or false: “a third pair of shoes” is a want. (a) False (b) True
  29. 29.Which of these is a need? (a) sweets every day (b) a toy robot (c) a fancy phone cover (d) medicine when ill
  30. 30.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  31. 31.True or false: “school shoes” is a want. (a) True (b) False
  32. 32.Which of these is a want? (a) drinking water (b) a school uniform (c) a warm blanket (d) a fancy phone cover
  33. 33.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) notebooks for school (d) bus fare to school
  34. 34.True or false: “a party dress” is a need. (a) False (b) True
  35. 35.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) rice and dal (d) a party dress
  36. 36.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) medicine when ill (d) sweets every day
  37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) medicine when ill (d) a school uniform
  38. 38.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
  39. 39.Which of these is a need? (a) sweets every day (b) a video game (c) a glitter pen set (d) soap
  40. 40.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) soap (d) a warm blanket

Answer key

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

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