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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 235 · 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.Which of these is a want? (a) school shoes (b) bus fare to school (c) a party dress (d) a warm blanket
  2. 2.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) notebooks for school (d) a roof over your head
  3. 3.True or false: “designer sunglasses” is a want. (a) False (b) True
  4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  5. 5.🛒 Need or want: rice and dal? (a) a want (b) a need
  6. 6.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  7. 7.True or false: “a toy robot” is a need. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a glitter pen set (d) drinking water
  9. 9.🛒 Need or want: soap? (a) a need (b) a want
  10. 10.🛒 Need or want: a bigger TV? (a) a need (b) a want
  11. 11.🛒 Need or want: sweets every day? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) sweets every day (d) drinking water
  13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) a fancy phone cover (d) bus fare to school
  14. 14.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a roof over your head (d) a video game
  15. 15.True or false: “a toy robot” is a want. (a) False (b) True
  16. 16.🛒 Need or want: a party dress? (a) a need (b) a want
  17. 17.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) designer sunglasses (d) a sticker album
  18. 18.True or false: “notebooks for school” is a need. (a) True (b) False
  19. 19.Which of these is a want? (a) a sticker album (b) school shoes (c) soap (d) bus fare to school
  20. 20.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) a school uniform (d) a third pair of shoes
  21. 21.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
  22. 22.🛒 Need or want: a video game? (a) a want (b) a need
  23. 23.True or false: “soap” is a want. (a) True (b) False
  24. 24.True or false: “medicine when ill” is a need. (a) True (b) False
  25. 25.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  26. 26.🛒 Need or want: a toy robot? (a) a need (b) a want
  27. 27.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  28. 28.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
  29. 29.Which of these is a need? (a) school shoes (b) a video game (c) a third pair of shoes (d) a toy robot
  30. 30.True or false: “notebooks for school” is a want. (a) False (b) True
  31. 31.Which of these is a want? (a) school shoes (b) notebooks for school (c) a school uniform (d) sweets every day
  32. 32.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) sweets every day (d) a toy robot
  33. 33.🛒 Need or want: a roof over your head? (a) a need (b) a want
  34. 34.Which of these is a need? (a) a party dress (b) a glitter pen set (c) drinking water (d) a video game
  35. 35.True or false: “soap” is a need. (a) False (b) True
  36. 36.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) soap (d) notebooks for school
  37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a video game (d) soap
  38. 38.True or false: “a video game” is a need. (a) False (b) True
  39. 39.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
  40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

Answer key

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

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