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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 268 · 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) soap (c) rice and dal (d) sweets every day
  2. 2.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a school uniform (d) medicine when ill
  3. 3.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
  4. 4.🛒 Need or want: drinking water? (a) a want (b) a need
  5. 5.🛒 Need or want: a party dress? (a) a need (b) a want
  6. 6.🛒 Need or want: a bigger TV? (a) a want (b) a need
  7. 7.🛒 Need or want: a roof over your head? (a) a need (b) a want
  8. 8.Which of these is a need? (a) a video game (b) school shoes (c) a sticker album (d) a bigger TV
  9. 9.True or false: “a sticker album” is a need. (a) True (b) False
  10. 10.Which of these is a need? (a) a bigger TV (b) drinking water (c) a sticker album (d) sweets every day
  11. 11.🛒 Need or want: a school uniform? (a) a want (b) a need
  12. 12.🛒 Need or want: notebooks for school? (a) a need (b) a want
  13. 13.True or false: “a fancy phone cover” is a need. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) school shoes (d) a party dress
  15. 15.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a sticker album (d) a school uniform
  16. 16.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  17. 17.Which of these is a need? (a) bus fare to school (b) a video game (c) designer sunglasses (d) a toy robot
  18. 18.True or false: “a roof over your head” is a need. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a roof over your head (d) school shoes
  20. 20.🛒 Need or want: a toy robot? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) sweets every day (b) school shoes (c) rice and dal (d) soap
  22. 22.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
  23. 23.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a bigger TV (d) a school uniform
  24. 24.🛒 Need or want: soap? (a) a want (b) a need
  25. 25.Which of these is a need? (a) a toy robot (b) sweets every day (c) a fancy phone cover (d) a roof over your head
  26. 26.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a roof over your head (d) designer sunglasses
  27. 27.Which of these is a want? (a) school shoes (b) a school uniform (c) a party dress (d) drinking water
  28. 28.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  29. 29.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a sticker album (d) notebooks for school
  30. 30.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) a fancy phone cover (d) school shoes
  31. 31.True or false: “a glitter pen set” is a want. (a) True (b) False
  32. 32.True or false: “drinking water” is a want. (a) False (b) True
  33. 33.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  34. 34.True or false: “notebooks for school” is a want. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a warm blanket (d) designer sunglasses
  36. 36.True or false: “drinking water” is a need. (a) True (b) False
  37. 37.True or false: “a toy robot” is a want. (a) False (b) True
  38. 38.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
  39. 39.Which of these is a want? (a) a school uniform (b) drinking water (c) rice and dal (d) a sticker album
  40. 40.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) a third pair of shoes (d) a video game

Answer key

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

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