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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 234 · 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 need. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) bus fare to school (d) a bigger TV
  3. 3.Which of these is a want? (a) a fancy phone cover (b) medicine when ill (c) bus fare to school (d) soap
  4. 4.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
  5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  6. 6.Which of these is a want? (a) drinking water (b) rice and dal (c) sweets every day (d) notebooks for school
  7. 7.Which of these is a need? (a) a sticker album (b) a roof over your head (c) a bigger TV (d) a third pair of shoes
  8. 8.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a third pair of shoes (d) bus fare to school
  9. 9.🛒 Need or want: a video game? (a) a want (b) a need
  10. 10.Which of these is a need? (a) soap (b) a party dress (c) a toy robot (d) a sticker album
  11. 11.🛒 Need or want: a bigger TV? (a) a need (b) a want
  12. 12.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a toy robot (d) notebooks for school
  13. 13.True or false: “a fancy phone cover” is a need. (a) True (b) False
  14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
  15. 15.True or false: “school shoes” is a need. (a) False (b) True
  16. 16.🛒 Need or want: rice and dal? (a) a need (b) a want
  17. 17.True or false: “a school uniform” is a want. (a) True (b) False
  18. 18.Which of these is a want? (a) soap (b) medicine when ill (c) notebooks for school (d) a bigger TV
  19. 19.Which of these is a need? (a) a party dress (b) rice and dal (c) a bigger TV (d) a third pair of shoes
  20. 20.🛒 Need or want: school shoes? (a) a need (b) a want
  21. 21.🛒 Need or want: a roof over your head? (a) a want (b) a need
  22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) designer sunglasses (d) rice and dal
  23. 23.True or false: “a school uniform” is a need. (a) True (b) False
  24. 24.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  25. 25.🛒 Need or want: sweets every day? (a) a need (b) a want
  26. 26.🛒 Need or want: notebooks for school? (a) a need (b) a want
  27. 27.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a third pair of shoes (d) a warm blanket
  28. 28.True or false: “designer sunglasses” is a need. (a) False (b) True
  29. 29.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
  30. 30.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  31. 31.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) designer sunglasses (d) notebooks for school
  32. 32.Which of these is a want? (a) a glitter pen set (b) a school uniform (c) a roof over your head (d) bus fare to school
  33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) designer sunglasses (d) a warm blanket
  34. 34.True or false: “a third pair of shoes” is a need. (a) False (b) True
  35. 35.🛒 Need or want: bus fare to school? (a) a need (b) a want
  36. 36.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
  37. 37.True or false: “a bigger TV” is a want. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) a video game (d) a sticker album
  39. 39.True or false: “rice and dal” is a need. (a) False (b) True
  40. 40.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a video game (d) school shoes

Answer key

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

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