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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 233 · 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.True or false: “a warm blanket” is a want. (a) False (b) True
  2. 2.🛒 Need or want: sweets every day? (a) a want (b) a need
  3. 3.🛒 Need or want: rice and dal? (a) a need (b) a want
  4. 4.🛒 Need or want: a toy robot? (a) a need (b) a want
  5. 5.Which of these is a need? (a) drinking water (b) a toy robot (c) a sticker album (d) a glitter pen set
  6. 6.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) designer sunglasses (d) a toy robot
  7. 7.True or false: “a bigger TV” is a want. (a) True (b) False
  8. 8.True or false: “rice and dal” is a need. (a) True (b) False
  9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
  10. 10.True or false: “a roof over your head” is a want. (a) True (b) False
  11. 11.True or false: “medicine when ill” is a need. (a) True (b) False
  12. 12.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a toy robot (d) school shoes
  13. 13.🎯 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
  14. 14.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
  15. 15.🛒 Need or want: a bigger TV? (a) a want (b) a need
  16. 16.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) medicine when ill (d) a video game
  17. 17.Which of these is a want? (a) sweets every day (b) rice and dal (c) notebooks for school (d) medicine when ill
  18. 18.🛒 Need or want: school shoes? (a) a need (b) a want
  19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
  20. 20.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  21. 21.🛒 Need or want: drinking water? (a) a want (b) a need
  22. 22.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) drinking water (d) a bigger TV
  23. 23.🛒 Need or want: a school uniform? (a) a need (b) a want
  24. 24.Which of these is a want? (a) soap (b) a sticker album (c) notebooks for school (d) medicine when ill
  25. 25.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a glitter pen set (d) a party dress
  26. 26.🛒 Need or want: bus fare to school? (a) a need (b) a want
  27. 27.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
  28. 28.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) bus fare to school (d) a toy robot
  29. 29.True or false: “a roof over your head” is a need. (a) False (b) True
  30. 30.Which of these is a want? (a) a warm blanket (b) a school uniform (c) drinking water (d) designer sunglasses
  31. 31.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a roof over your head (d) sweets every day
  32. 32.True or false: “rice and dal” is a want. (a) False (b) True
  33. 33.True or false: “a toy robot” is a need. (a) True (b) False
  34. 34.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  35. 35.Which of these is a need? (a) bus fare to school (b) a party dress (c) sweets every day (d) a sticker album
  36. 36.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a fancy phone cover (d) designer sunglasses
  37. 37.True or false: “a third pair of shoes” is a need. (a) False (b) True
  38. 38.True or false: “a glitter pen set” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) a sticker album (b) sweets every day (c) a fancy phone cover (d) notebooks for school
  40. 40.🛒 Need or want: a video game? (a) a want (b) a need

Answer key

  1. False
  2. a want
  3. a need
  4. a want
  5. drinking water
  6. bus fare to school
  7. True
  8. True
  9. a need
  10. False
  11. True
  12. school shoes
  13. many people want it
  14. the needs
  15. a want
  16. medicine when ill
  17. sweets every day
  18. a need
  19. people always need them
  20. a want
  21. a need
  22. a bigger TV
  23. a need
  24. a sticker album
  25. drinking water
  26. a need
  27. hot drinks
  28. a toy robot
  29. True
  30. designer sunglasses
  31. sweets every day
  32. False
  33. False
  34. umbrellas and raincoats
  35. bus fare to school
  36. school shoes
  37. False
  38. True
  39. notebooks for school
  40. a want

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