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Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

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

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