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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 156 · 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.🛒 Need or want: drinking water? (a) a need (b) a want
  2. 2.🛒 Need or want: notebooks for school? (a) a want (b) a need
  3. 3.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a party dress (d) school shoes
  4. 4.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  5. 5.Which of these is a want? (a) bus fare to school (b) a sticker album (c) drinking water (d) a roof over your head
  6. 6.True or false: “designer sunglasses” is a need. (a) True (b) False
  7. 7.Which of these is a want? (a) bus fare to school (b) school shoes (c) a glitter pen set (d) soap
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
  9. 9.🛒 Need or want: a bigger TV? (a) a want (b) a need
  10. 10.🛒 Need or want: a roof over your head? (a) a need (b) a want
  11. 11.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) notebooks for school (d) a school uniform
  12. 12.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  13. 13.🛒 Need or want: rice and dal? (a) a want (b) a need
  14. 14.True or false: “rice and dal” is a need. (a) False (b) True
  15. 15.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  16. 16.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  17. 17.Which of these is a need? (a) a video game (b) a warm blanket (c) a fancy phone cover (d) a third pair of shoes
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a fancy phone cover (c) a glitter pen set (d) a sticker album
  20. 20.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
  21. 21.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) sweets every day (d) a toy robot
  22. 22.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a glitter pen set (d) drinking water
  23. 23.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  24. 24.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  25. 25.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) medicine when ill (d) a party dress
  26. 26.True or false: “soap” is a want. (a) True (b) False
  27. 27.True or false: “a roof over your head” is a need. (a) True (b) False
  28. 28.🛒 Need or want: sweets every day? (a) a need (b) a want
  29. 29.True or false: “a third pair of shoes” is a need. (a) False (b) True
  30. 30.🛒 Need or want: a school uniform? (a) a need (b) a want
  31. 31.True or false: “designer sunglasses” is a want. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) school shoes (d) a warm blanket
  33. 33.True or false: “school shoes” is a need. (a) True (b) False
  34. 34.True or false: “a party dress” is a want. (a) False (b) True
  35. 35.True or false: “bus fare to school” is a want. (a) False (b) True
  36. 36.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a roof over your head (d) a sticker album
  37. 37.🛒 Need or want: soap? (a) a need (b) a want
  38. 38.🛒 Need or want: medicine when ill? (a) a want (b) a need
  39. 39.True or false: “a third pair of shoes” is a want. (a) False (b) True
  40. 40.True or false: “a bigger TV” is a want. (a) False (b) True

Answer key

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

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