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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 226 · 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.True or false: “rice and dal” is a need. (a) True (b) False
  2. 2.Which of these is a need? (a) a sticker album (b) rice and dal (c) sweets every day (d) a fancy phone cover
  3. 3.🛒 Need or want: a party dress? (a) a want (b) a need
  4. 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  5. 5.True or false: “bus fare to school” is a want. (a) True (b) False
  6. 6.True or false: “designer sunglasses” is a want. (a) False (b) True
  7. 7.Which of these is a need? (a) designer sunglasses (b) drinking water (c) sweets every day (d) a glitter pen set
  8. 8.True or false: “a fancy phone cover” is a want. (a) False (b) True
  9. 9.Which of these is a want? (a) drinking water (b) designer sunglasses (c) school shoes (d) rice and dal
  10. 10.Which of these is a need? (a) a third pair of shoes (b) medicine when ill (c) a party dress (d) a bigger TV
  11. 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  12. 12.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a fancy phone cover (d) bus fare to school
  13. 13.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) drinking water (d) bus fare to school
  14. 14.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) a school uniform (d) a party dress
  15. 15.Which of these is a need? (a) a video game (b) designer sunglasses (c) school shoes (d) a fancy phone cover
  16. 16.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) a party dress (d) a fancy phone cover
  17. 17.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  19. 19.🛒 Need or want: school shoes? (a) a want (b) a need
  20. 20.🛒 Need or want: a bigger TV? (a) a need (b) a want
  21. 21.Which of these is a want? (a) notebooks for school (b) a video game (c) drinking water (d) a roof over your head
  22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  23. 23.True or false: “a party dress” is a need. (a) False (b) True
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
  25. 25.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
  26. 26.🛒 Need or want: a sticker album? (a) a want (b) a need
  27. 27.Which of these is a need? (a) notebooks for school (b) designer sunglasses (c) a toy robot (d) a third pair of shoes
  28. 28.🛒 Need or want: a warm blanket? (a) a need (b) a want
  29. 29.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a school uniform (d) designer sunglasses
  30. 30.True or false: “a warm blanket” is a want. (a) True (b) False
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) a sticker album (d) a warm blanket
  33. 33.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a glitter pen set (d) rice and dal
  34. 34.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) sweets every day (d) drinking water
  35. 35.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a fancy phone cover (d) a warm blanket
  36. 36.True or false: “a fancy phone cover” is a need. (a) True (b) False
  37. 37.True or false: “a glitter pen set” is a need. (a) True (b) False
  38. 38.Which of these is a need? (a) a party dress (b) a glitter pen set (c) a roof over your head (d) a bigger TV
  39. 39.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) a sticker album (d) school shoes
  40. 40.Which of these is a want? (a) school shoes (b) soap (c) a bigger TV (d) a warm blanket

Answer key

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

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