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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 202 · 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.

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

Answer key

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

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