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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 177 · 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: bus fare to school? (a) a need (b) a want
  2. 2.True or false: “medicine when ill” is a need. (a) False (b) True
  3. 3.True or false: “rice and dal” is a want. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) soap (b) school shoes (c) drinking water (d) a video game
  5. 5.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  6. 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  7. 7.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
  8. 8.True or false: “a fancy phone cover” is a need. (a) True (b) False
  9. 9.Which of these is a want? (a) a party dress (b) soap (c) school shoes (d) a warm blanket
  10. 10.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) drinking water (d) designer sunglasses
  11. 11.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) sweets every day (d) drinking water
  12. 12.🛒 Need or want: a school uniform? (a) a want (b) a need
  13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
  14. 14.Which of these is a want? (a) school shoes (b) rice and dal (c) designer sunglasses (d) a roof over your head
  15. 15.True or false: “designer sunglasses” is a need. (a) False (b) True
  16. 16.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  17. 17.🛒 Need or want: medicine when ill? (a) a need (b) a want
  18. 18.🔍 Which is the odd one out? (a) rice and dal (b) designer sunglasses (c) a video game (d) a sticker album
  19. 19.True or false: “bus fare to school” is a need. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a bigger TV (d) a warm blanket
  21. 21.🛒 Need or want: sweets every day? (a) a want (b) a need
  22. 22.Which of these is a want? (a) a school uniform (b) medicine when ill (c) bus fare to school (d) a video game
  23. 23.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) designer sunglasses (d) a party dress
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  25. 25.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) drinking water (d) designer sunglasses
  26. 26.Which of these is a want? (a) bus fare to school (b) drinking water (c) a warm blanket (d) a glitter pen set
  27. 27.Which of these is a want? (a) medicine when ill (b) sweets every day (c) a warm blanket (d) notebooks for school
  28. 28.🛍️ 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
  29. 29.🛒 Need or want: a video game? (a) a need (b) a want
  30. 30.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a warm blanket (d) a party dress
  31. 31.Which of these is a want? (a) a school uniform (b) notebooks for school (c) a toy robot (d) medicine when ill
  32. 32.True or false: “school shoes” is a need. (a) False (b) True
  33. 33.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  34. 34.Which of these is a need? (a) school shoes (b) a glitter pen set (c) a video game (d) a fancy phone cover
  35. 35.🛒 Need or want: school shoes? (a) a want (b) a need
  36. 36.True or false: “a third pair of shoes” is a want. (a) True (b) False
  37. 37.True or false: “sweets every day” is a need. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) a school uniform (d) bus fare to school
  39. 39.True or false: “a bigger TV” is a need. (a) True (b) False
  40. 40.True or false: “drinking water” is a need. (a) False (b) True

Answer key

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

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