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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 199 · 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.True or false: “a party dress” is a want. (a) False (b) True
  3. 3.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a roof over your head (d) sweets every day
  4. 4.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) school shoes (d) a fancy phone cover
  5. 5.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) soap (d) drinking water
  6. 6.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  7. 7.🛒 Need or want: soap? (a) a want (b) a need
  8. 8.True or false: “a fancy phone cover” is a want. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) sweets every day (d) designer sunglasses
  10. 10.Which of these is a want? (a) soap (b) bus fare to school (c) notebooks for school (d) a video game
  11. 11.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a warm blanket (d) school shoes
  12. 12.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) drinking water (d) a school uniform
  13. 13.🎯 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
  14. 14.🛒 Need or want: a roof over your head? (a) a need (b) a want
  15. 15.True or false: “a third pair of shoes” is a want. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a video game (d) a toy robot
  17. 17.True or false: “medicine when ill” is a want. (a) False (b) True
  18. 18.True or false: “rice and dal” is a want. (a) True (b) False
  19. 19.True or false: “a roof over your head” is a need. (a) True (b) False
  20. 20.🛒 Need or want: a video game? (a) a need (b) a want
  21. 21.🛒 Need or want: a sticker album? (a) a need (b) a want
  22. 22.True or false: “soap” is a want. (a) True (b) False
  23. 23.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
  24. 24.True or false: “a sticker album” is a need. (a) False (b) True
  25. 25.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  26. 26.🛒 Need or want: bus fare to school? (a) a need (b) a want
  27. 27.True or false: “a third pair of shoes” is a need. (a) False (b) True
  28. 28.True or false: “a glitter pen set” is a want. (a) True (b) False
  29. 29.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
  30. 30.Which of these is a need? (a) a toy robot (b) notebooks for school (c) a bigger TV (d) a fancy phone cover
  31. 31.True or false: “a bigger TV” is a want. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a warm blanket (d) a toy robot
  33. 33.True or false: “bus fare to school” is a need. (a) True (b) False
  34. 34.🛒 Need or want: a toy robot? (a) a want (b) a need
  35. 35.Which of these is a need? (a) designer sunglasses (b) a party dress (c) rice and dal (d) a fancy phone cover
  36. 36.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  37. 37.True or false: “drinking water” is a need. (a) False (b) True
  38. 38.🛒 Need or want: medicine when ill? (a) a want (b) a need
  39. 39.True or false: “a fancy phone cover” is a need. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) a warm blanket (d) sweets every day

Answer key

  1. we must have to live
  2. True
  3. sweets every day
  4. a fancy phone cover
  5. a third pair of shoes
  6. a want
  7. a need
  8. True
  9. medicine when ill
  10. a video game
  11. a glitter pen set
  12. a sticker album
  13. many people want it
  14. a need
  15. True
  16. drinking water
  17. False
  18. False
  19. True
  20. a want
  21. a want
  22. False
  23. people always need them
  24. False
  25. a want
  26. a need
  27. False
  28. True
  29. hot drinks
  30. notebooks for school
  31. True
  32. a warm blanket
  33. True
  34. a want
  35. rice and dal
  36. a need: food
  37. True
  38. a need
  39. False
  40. sweets every day

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