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Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

  1. a need
  2. a want
  3. a want
  4. medicine when ill
  5. soap
  6. the needs
  7. True
  8. notebooks for school
  9. a glitter pen set
  10. a video game
  11. True
  12. a fancy phone cover
  13. a want
  14. False
  15. False
  16. a warm blanket
  17. many people want it
  18. umbrellas and raincoats
  19. False
  20. people always need them
  21. a need
  22. a want
  23. a need
  24. False
  25. a party dress
  26. designer sunglasses
  27. True
  28. designer sunglasses
  29. a bigger TV
  30. a glitter pen set
  31. a party dress
  32. a need
  33. a third pair of shoes
  34. True
  35. a want
  36. True
  37. True
  38. a need
  39. a school uniform
  40. a need

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