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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 206 · 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 want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  2. 2.🛒 Need or want: a school uniform? (a) a need (b) a want
  3. 3.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a party dress (d) a bigger TV
  4. 4.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  5. 5.🛒 Need or want: a roof over your head? (a) a need (b) a want
  6. 6.True or false: “sweets every day” is a want. (a) False (b) True
  7. 7.True or false: “designer sunglasses” is a want. (a) True (b) False
  8. 8.True or false: “notebooks for school” is a need. (a) False (b) True
  9. 9.True or false: “bus fare to school” is a want. (a) False (b) True
  10. 10.True or false: “rice and dal” is a need. (a) False (b) True
  11. 11.True or false: “a toy robot” is a need. (a) True (b) False
  12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
  13. 13.🛒 Need or want: bus fare to school? (a) a want (b) a need
  14. 14.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  15. 15.🛒 Need or want: medicine when ill? (a) a want (b) a need
  16. 16.True or false: “a party dress” is a need. (a) False (b) True
  17. 17.Which of these is a want? (a) a warm blanket (b) drinking water (c) a glitter pen set (d) notebooks for school
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  19. 19.Which of these is a need? (a) a video game (b) a bigger TV (c) a party dress (d) rice and dal
  20. 20.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
  21. 21.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) drinking water (d) a party dress
  22. 22.True or false: “soap” is a need. (a) False (b) True
  23. 23.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) school shoes (d) soap
  24. 24.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) designer sunglasses (d) rice and dal
  25. 25.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a sticker album (d) bus fare to school
  26. 26.🛒 Need or want: school shoes? (a) a need (b) a want
  27. 27.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) bus fare to school (d) rice and dal
  28. 28.True or false: “a glitter pen set” is a need. (a) False (b) True
  29. 29.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) medicine when ill (d) a roof over your head
  31. 31.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  32. 32.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  33. 33.True or false: “notebooks for school” is a want. (a) False (b) True
  34. 34.True or false: “bus fare to school” is a need. (a) True (b) False
  35. 35.True or false: “a third pair of shoes” is a need. (a) True (b) False
  36. 36.Which of these is a want? (a) bus fare to school (b) rice and dal (c) soap (d) a sticker album
  37. 37.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) drinking water (d) a sticker album
  38. 38.🛒 Need or want: drinking water? (a) a need (b) a want
  39. 39.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) bus fare to school (d) a roof over your head
  40. 40.True or false: “drinking water” is a need. (a) False (b) True

Answer key

  1. many people want it
  2. a need
  3. school shoes
  4. we must have to live
  5. a need
  6. True
  7. True
  8. True
  9. False
  10. True
  11. False
  12. a need
  13. a need
  14. a want
  15. a need
  16. False
  17. a glitter pen set
  18. umbrellas and raincoats
  19. rice and dal
  20. the needs
  21. drinking water
  22. True
  23. designer sunglasses
  24. rice and dal
  25. bus fare to school
  26. a need
  27. a toy robot
  28. False
  29. a want
  30. a sticker album
  31. hot drinks
  32. a want
  33. False
  34. True
  35. False
  36. a sticker album
  37. drinking water
  38. a need
  39. a video game
  40. True

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