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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 221 · 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.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  2. 2.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a video game (d) a toy robot
  3. 3.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) designer sunglasses (d) bus fare to school
  4. 4.🛒 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
  5. 5.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  6. 6.True or false: “rice and dal” is a want. (a) False (b) True
  7. 7.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  8. 8.Which of these is a want? (a) a bigger TV (b) a warm blanket (c) school shoes (d) bus fare to school
  9. 9.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  10. 10.True or false: “a sticker album” is a need. (a) True (b) False
  11. 11.True or false: “a warm blanket” is a want. (a) False (b) True
  12. 12.True or false: “designer sunglasses” is a want. (a) False (b) True
  13. 13.Which of these is a want? (a) a school uniform (b) sweets every day (c) rice and dal (d) a warm blanket
  14. 14.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  15. 15.True or false: “school shoes” is a need. (a) False (b) True
  16. 16.🛒 Need or want: a school uniform? (a) a need (b) a want
  17. 17.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
  18. 18.True or false: “a video game” is a want. (a) False (b) True
  19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  20. 20.Which of these is a want? (a) a school uniform (b) bus fare to school (c) a video game (d) soap
  21. 21.True or false: “rice and dal” is a need. (a) True (b) False
  22. 22.Which of these is a need? (a) a bigger TV (b) a party dress (c) designer sunglasses (d) medicine when ill
  23. 23.🛒 Need or want: notebooks for school? (a) a want (b) a need
  24. 24.Which of these is a want? (a) notebooks for school (b) a fancy phone cover (c) medicine when ill (d) soap
  25. 25.Which of these is a need? (a) designer sunglasses (b) a video game (c) school shoes (d) a party dress
  26. 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a bigger TV (d) designer sunglasses
  27. 27.True or false: “a glitter pen set” is a want. (a) False (b) True
  28. 28.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a toy robot (d) a roof over your head
  29. 29.True or false: “designer sunglasses” is a need. (a) False (b) True
  30. 30.True or false: “a toy robot” is a want. (a) False (b) True
  31. 31.Which of these is a want? (a) a glitter pen set (b) a warm blanket (c) a roof over your head (d) rice and dal
  32. 32.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) rice and dal (d) a roof over your head
  33. 33.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) school shoes (d) bus fare to school
  34. 34.🛒 Need or want: a party dress? (a) a need (b) a want
  35. 35.🎯 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
  36. 36.🛒 Need or want: rice and dal? (a) a want (b) a need
  37. 37.True or false: “drinking water” is a need. (a) False (b) True
  38. 38.🛒 Need or want: a roof over your head? (a) a need (b) a want
  39. 39.True or false: “drinking water” is a want. (a) False (b) True
  40. 40.🛒 Need or want: a fancy phone cover? (a) a want (b) a need

Answer key

  1. a want
  2. a school uniform
  3. designer sunglasses
  4. the needs
  5. a want
  6. False
  7. a need: food
  8. a bigger TV
  9. hot drinks
  10. False
  11. False
  12. True
  13. sweets every day
  14. we must have to live
  15. True
  16. a need
  17. umbrellas and raincoats
  18. True
  19. people always need them
  20. a video game
  21. True
  22. medicine when ill
  23. a need
  24. a fancy phone cover
  25. school shoes
  26. medicine when ill
  27. True
  28. a roof over your head
  29. False
  30. True
  31. a glitter pen set
  32. a toy robot
  33. a video game
  34. a want
  35. many people want it
  36. a need
  37. True
  38. a need
  39. False
  40. a want

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