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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 262 · 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.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a video game (d) bus fare to school
  2. 2.Which of these is a want? (a) soap (b) a warm blanket (c) drinking water (d) a fancy phone cover
  3. 3.True or false: “bus fare to school” is a need. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) a fancy phone cover (d) a bigger TV
  5. 5.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) school shoes (d) a fancy phone cover
  6. 6.🛍️ 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
  7. 7.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  8. 8.True or false: “drinking water” is a need. (a) False (b) True
  9. 9.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a video game (d) a sticker album
  10. 10.🛒 Need or want: a roof over your head? (a) a want (b) a need
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  12. 12.Which of these is a need? (a) a fancy phone cover (b) a video game (c) sweets every day (d) soap
  13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) bus fare to school (d) school shoes
  14. 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
  15. 15.True or false: “soap” is a need. (a) False (b) True
  16. 16.🛒 Need or want: a sticker album? (a) a want (b) a need
  17. 17.True or false: “medicine when ill” is a need. (a) True (b) False
  18. 18.🛒 Need or want: a party dress? (a) a need (b) a want
  19. 19.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  20. 20.🛒 Need or want: rice and dal? (a) a want (b) a need
  21. 21.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) school shoes (d) designer sunglasses
  22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a sticker album (d) a toy robot
  23. 23.🛒 Need or want: drinking water? (a) a need (b) a want
  24. 24.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  25. 25.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) a third pair of shoes (d) a party dress
  26. 26.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) designer sunglasses (d) a third pair of shoes
  27. 27.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) designer sunglasses (d) a third pair of shoes
  28. 28.True or false: “a glitter pen set” is a want. (a) False (b) True
  29. 29.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) a school uniform (d) medicine when ill
  30. 30.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a fancy phone cover (d) a school uniform
  31. 31.True or false: “a school uniform” is a want. (a) False (b) True
  32. 32.🛒 Need or want: a school uniform? (a) a need (b) a want
  33. 33.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  34. 34.🛒 Need or want: notebooks for school? (a) a need (b) a want
  35. 35.True or false: “rice and dal” is a need. (a) False (b) True
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.🛒 Need or want: a bigger TV? (a) a need (b) a want
  38. 38.True or false: “sweets every day” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) a video game (b) bus fare to school (c) a sticker album (d) sweets every day
  40. 40.True or false: “designer sunglasses” is a need. (a) True (b) False

Answer key

  1. a video game
  2. a fancy phone cover
  3. True
  4. rice and dal
  5. a fancy phone cover
  6. people always need them
  7. the needs
  8. True
  9. drinking water
  10. a need
  11. umbrellas and raincoats
  12. soap
  13. a third pair of shoes
  14. a need: food
  15. True
  16. a want
  17. True
  18. a want
  19. many people want it
  20. a need
  21. school shoes
  22. drinking water
  23. a need
  24. we must have to live
  25. medicine when ill
  26. medicine when ill
  27. bus fare to school
  28. True
  29. designer sunglasses
  30. a school uniform
  31. False
  32. a need
  33. a want
  34. a need
  35. True
  36. a need
  37. a want
  38. True
  39. bus fare to school
  40. False

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