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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 231 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
  2. 2.🛒 Need or want: medicine when ill? (a) a need (b) a want
  3. 3.True or false: “sweets every day” is a need. (a) False (b) True
  4. 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  5. 5.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a fancy phone cover (d) a warm blanket
  6. 6.Which of these is a want? (a) rice and dal (b) a toy robot (c) bus fare to school (d) medicine when ill
  7. 7.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) a third pair of shoes (d) a sticker album
  8. 8.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  9. 9.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a third pair of shoes (d) medicine when ill
  10. 10.Which of these is a want? (a) drinking water (b) a sticker album (c) medicine when ill (d) school shoes
  11. 11.True or false: “a sticker album” is a need. (a) False (b) True
  12. 12.True or false: “a third pair of shoes” is a want. (a) False (b) True
  13. 13.Which of these is a need? (a) a third pair of shoes (b) a warm blanket (c) a sticker album (d) a glitter pen set
  14. 14.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  15. 15.Which of these is a need? (a) a party dress (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
  16. 16.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
  17. 17.True or false: “drinking water” is a need. (a) True (b) False
  18. 18.🛒 Need or want: soap? (a) a need (b) a want
  19. 19.Which of these is a need? (a) designer sunglasses (b) a video game (c) a glitter pen set (d) a roof over your head
  20. 20.🛒 Need or want: a roof over your head? (a) a need (b) a want
  21. 21.True or false: “school shoes” is a want. (a) True (b) False
  22. 22.Which of these is a want? (a) soap (b) a school uniform (c) a glitter pen set (d) notebooks for school
  23. 23.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) notebooks for school (d) a party dress
  24. 24.True or false: “a warm blanket” is a want. (a) True (b) False
  25. 25.True or false: “a bigger TV” is a need. (a) True (b) False
  26. 26.True or false: “a bigger TV” is a want. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a glitter pen set (d) designer sunglasses
  28. 28.True or false: “a video game” is a want. (a) False (b) True
  29. 29.Which of these is a want? (a) notebooks for school (b) school shoes (c) sweets every day (d) soap
  30. 30.🛒 Need or want: a bigger TV? (a) a need (b) a want
  31. 31.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
  32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) a roof over your head (d) a video game
  33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
  34. 34.True or false: “drinking water” is a want. (a) False (b) True
  35. 35.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) a fancy phone cover (d) school shoes
  37. 37.🛒 Need or want: a warm blanket? (a) a want (b) a need
  38. 38.🛒 Need or want: sweets every day? (a) a need (b) a want
  39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
  40. 40.Which of these is a want? (a) a video game (b) drinking water (c) a roof over your head (d) notebooks for school

Answer key

  1. people always need them
  2. a need
  3. False
  4. hot drinks
  5. a fancy phone cover
  6. a toy robot
  7. a warm blanket
  8. a want
  9. medicine when ill
  10. a sticker album
  11. False
  12. True
  13. a warm blanket
  14. we must have to live
  15. notebooks for school
  16. a need: food
  17. True
  18. a need
  19. a roof over your head
  20. a need
  21. False
  22. a glitter pen set
  23. a party dress
  24. False
  25. False
  26. True
  27. bus fare to school
  28. True
  29. sweets every day
  30. a want
  31. many people want it
  32. a video game
  33. a want
  34. False
  35. a want
  36. a fancy phone cover
  37. a need
  38. a want
  39. a need
  40. a video game

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