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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 227 · 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: a video game? (a) a need (b) a want
  2. 2.True or false: “a party dress” is a need. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) soap (d) a school uniform
  4. 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
  5. 5.True or false: “soap” is a need. (a) False (b) True
  6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
  7. 7.🛒 Need or want: a toy robot? (a) a want (b) a need
  8. 8.True or false: “a third pair of shoes” is a need. (a) True (b) False
  9. 9.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  10. 10.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  11. 11.🛒 Need or want: a roof over your head? (a) a want (b) a need
  12. 12.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  13. 13.True or false: “a roof over your head” is a want. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a sticker album (d) a warm blanket
  15. 15.Which of these is a want? (a) a school uniform (b) soap (c) a toy robot (d) a roof over your head
  16. 16.True or false: “a toy robot” is a need. (a) True (b) False
  17. 17.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a toy robot (d) soap
  18. 18.True or false: “sweets every day” is a need. (a) True (b) False
  19. 19.🛒 Need or want: a school uniform? (a) a need (b) a want
  20. 20.🎯 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
  21. 21.True or false: “notebooks for school” is a need. (a) True (b) False
  22. 22.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a video game (d) a roof over your head
  23. 23.True or false: “a sticker album” is a want. (a) True (b) False
  24. 24.Which of these is a want? (a) sweets every day (b) notebooks for school (c) a school uniform (d) school shoes
  25. 25.🛒 Need or want: a warm blanket? (a) a need (b) a want
  26. 26.Which of these is a want? (a) school shoes (b) a video game (c) soap (d) notebooks for school
  27. 27.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a roof over your head (d) a bigger TV
  28. 28.🛒 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
  29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
  30. 30.Which of these is a need? (a) drinking water (b) a toy robot (c) a video game (d) a fancy phone cover
  31. 31.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) school shoes (d) a third pair of shoes
  32. 32.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) school shoes (d) a glitter pen set
  33. 33.🛒 Need or want: a sticker album? (a) a want (b) a need
  34. 34.True or false: “a warm blanket” is a need. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a fancy phone cover (d) a warm blanket
  36. 36.True or false: “drinking water” is a want. (a) True (b) False
  37. 37.True or false: “designer sunglasses” is a want. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) drinking water (b) a toy robot (c) rice and dal (d) notebooks for school
  39. 39.🛒 Need or want: medicine when ill? (a) a need (b) a want
  40. 40.True or false: “medicine when ill” is a want. (a) True (b) False

Answer key

  1. a want
  2. False
  3. a video game
  4. hot drinks
  5. True
  6. a need
  7. a want
  8. False
  9. a want
  10. a want
  11. a need
  12. a need: food
  13. False
  14. a sticker album
  15. a toy robot
  16. False
  17. soap
  18. False
  19. a need
  20. many people want it
  21. True
  22. a roof over your head
  23. True
  24. sweets every day
  25. a need
  26. a video game
  27. a bigger TV
  28. the needs
  29. people always need them
  30. drinking water
  31. a third pair of shoes
  32. school shoes
  33. a want
  34. True
  35. a fancy phone cover
  36. False
  37. True
  38. a toy robot
  39. a need
  40. False

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