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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 216 · 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.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
  2. 2.True or false: “a school uniform” is a want. (a) True (b) False
  3. 3.True or false: “school shoes” is a want. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) notebooks for school (d) a glitter pen set
  5. 5.True or false: “a glitter pen set” is a need. (a) False (b) True
  6. 6.🛒 Need or want: a school uniform? (a) a need (b) a want
  7. 7.Which of these is a want? (a) a warm blanket (b) a third pair of shoes (c) a school uniform (d) soap
  8. 8.True or false: “medicine when ill” is a want. (a) True (b) False
  9. 9.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  10. 10.True or false: “a sticker album” is a need. (a) True (b) False
  11. 11.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
  12. 12.🛒 Need or want: soap? (a) a want (b) a need
  13. 13.🛒 Need or want: a sticker album? (a) a need (b) a want
  14. 14.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a toy robot (d) a warm blanket
  15. 15.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) designer sunglasses (d) medicine when ill
  16. 16.🛒 Need or want: drinking water? (a) a need (b) a want
  17. 17.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  18. 18.🛒 Need or want: a video game? (a) a want (b) a need
  19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) drinking water (d) a glitter pen set
  20. 20.🛒 Need or want: bus fare to school? (a) a need (b) a want
  21. 21.🛒 Need or want: notebooks for school? (a) a need (b) a want
  22. 22.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  23. 23.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  24. 24.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) sweets every day (d) a bigger TV
  25. 25.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) a party dress (d) a school uniform
  26. 26.🛒 Need or want: a warm blanket? (a) a need (b) a want
  27. 27.🛒 Need or want: a toy robot? (a) a want (b) a need
  28. 28.True or false: “drinking water” is a want. (a) True (b) False
  29. 29.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  30. 30.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
  31. 31.Which of these is a want? (a) soap (b) medicine when ill (c) drinking water (d) a bigger TV
  32. 32.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) medicine when ill (d) a party dress
  33. 33.True or false: “sweets every day” is a want. (a) True (b) False
  34. 34.True or false: “a fancy phone cover” is a need. (a) False (b) True
  35. 35.True or false: “a warm blanket” is a want. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) designer sunglasses (d) school shoes
  37. 37.True or false: “designer sunglasses” is a want. (a) False (b) True
  38. 38.True or false: “a glitter pen set” is a want. (a) False (b) True
  39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
  40. 40.🛒 Need or want: sweets every day? (a) a need (b) a want

Answer key

  1. notebooks for school
  2. False
  3. False
  4. a glitter pen set
  5. False
  6. a need
  7. a third pair of shoes
  8. False
  9. hot drinks
  10. False
  11. we must have to live
  12. a need
  13. a want
  14. a toy robot
  15. medicine when ill
  16. a need
  17. people always need them
  18. a want
  19. drinking water
  20. a need
  21. a need
  22. umbrellas and raincoats
  23. a want
  24. notebooks for school
  25. a school uniform
  26. a need
  27. a want
  28. False
  29. the needs
  30. a need: food
  31. a bigger TV
  32. medicine when ill
  33. True
  34. False
  35. False
  36. school shoes
  37. True
  38. True
  39. a need
  40. a want

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