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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 182 · 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: a bigger TV? (a) a need (b) a want
  2. 2.True or false: “a third pair of shoes” is a need. (a) True (b) False
  3. 3.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a school uniform (d) designer sunglasses
  4. 4.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) a fancy phone cover (d) drinking water
  5. 5.Which of these is a need? (a) rice and dal (b) a bigger TV (c) a party dress (d) a video game
  6. 6.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
  7. 7.True or false: “a glitter pen set” is a need. (a) True (b) False
  8. 8.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  9. 9.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  10. 10.True or false: “a school uniform” is a want. (a) True (b) False
  11. 11.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  12. 12.🛒 Need or want: school shoes? (a) a want (b) a need
  13. 13.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) a roof over your head (d) drinking water
  14. 14.Which of these is a want? (a) a school uniform (b) bus fare to school (c) drinking water (d) a bigger TV
  15. 15.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
  16. 16.Which of these is a want? (a) drinking water (b) a school uniform (c) a roof over your head (d) a video game
  17. 17.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a sticker album (d) a roof over your head
  18. 18.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  19. 19.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) a toy robot (d) a school uniform
  20. 20.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) sweets every day (d) a third pair of shoes
  21. 21.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a glitter pen set (d) a warm blanket
  22. 22.🛒 Need or want: drinking water? (a) a want (b) a need
  23. 23.🛒 Need or want: soap? (a) a need (b) a want
  24. 24.Which of these is a want? (a) drinking water (b) a school uniform (c) sweets every day (d) soap
  25. 25.🛒 Need or want: notebooks for school? (a) a want (b) a need
  26. 26.🛒 Need or want: sweets every day? (a) a need (b) a want
  27. 27.True or false: “school shoes” is a want. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a sticker album (d) a third pair of shoes
  29. 29.🛒 Need or want: a sticker album? (a) a need (b) a want
  30. 30.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  31. 31.Which of these is a want? (a) a fancy phone cover (b) rice and dal (c) bus fare to school (d) medicine when ill
  32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  33. 33.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a bigger TV (d) bus fare to school
  34. 34.True or false: “drinking water” is a want. (a) True (b) False
  35. 35.Which of these is a need? (a) school shoes (b) a glitter pen set (c) sweets every day (d) designer sunglasses
  36. 36.True or false: “a video game” is a need. (a) True (b) False
  37. 37.🛒 Need or want: bus fare to school? (a) a need (b) a want
  38. 38.True or false: “rice and dal” is a need. (a) True (b) False
  39. 39.🛒 Need or want: a warm blanket? (a) a need (b) a want
  40. 40.True or false: “sweets every day” is a need. (a) True (b) False

Answer key

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

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