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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 275 · 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.🛒 Need or want: a school uniform? (a) a want (b) a need
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
  3. 3.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a fancy phone cover (d) drinking water
  4. 4.🛒 Need or want: a sticker album? (a) a need (b) a want
  5. 5.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a video game (d) notebooks for school
  6. 6.Which of these is a need? (a) a sticker album (b) a bigger TV (c) rice and dal (d) a fancy phone cover
  7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
  8. 8.True or false: “drinking water” is a want. (a) True (b) False
  9. 9.Which of these is a want? (a) a toy robot (b) notebooks for school (c) a warm blanket (d) a school uniform
  10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) school shoes (d) a sticker album
  11. 11.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  12. 12.🛒 Need or want: a video game? (a) a need (b) a want
  13. 13.Which of these is a want? (a) school shoes (b) a bigger TV (c) rice and dal (d) medicine when ill
  14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
  15. 15.True or false: “a video game” is a want. (a) False (b) True
  16. 16.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) drinking water (d) notebooks for school
  17. 17.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
  18. 18.True or false: “a glitter pen set” is a want. (a) True (b) False
  19. 19.🛒 Need or want: a party dress? (a) a want (b) a need
  20. 20.🛒 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
  21. 21.True or false: “a roof over your head” is a want. (a) False (b) True
  22. 22.True or false: “a warm blanket” is a want. (a) False (b) True
  23. 23.True or false: “soap” is a need. (a) False (b) True
  24. 24.Which of these is a need? (a) designer sunglasses (b) a party dress (c) a warm blanket (d) a third pair of shoes
  25. 25.🛒 Need or want: drinking water? (a) a need (b) a want
  26. 26.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) notebooks for school (d) designer sunglasses
  27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) designer sunglasses (d) school shoes
  28. 28.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a warm blanket (d) sweets every day
  29. 29.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
  30. 30.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) medicine when ill (d) a sticker album
  31. 31.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  32. 32.Which of these is a need? (a) a sticker album (b) a toy robot (c) a fancy phone cover (d) school shoes
  33. 33.Which of these is a need? (a) sweets every day (b) a sticker album (c) a toy robot (d) soap
  34. 34.Which of these is a want? (a) a roof over your head (b) rice and dal (c) school shoes (d) a glitter pen set
  35. 35.True or false: “a bigger TV” is a need. (a) True (b) False
  36. 36.True or false: “a fancy phone cover” is a need. (a) False (b) True
  37. 37.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
  38. 38.True or false: “a bigger TV” is a want. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a school uniform (d) a third pair of shoes
  40. 40.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a roof over your head (d) a warm blanket

Answer key

  1. a need
  2. hot drinks
  3. drinking water
  4. a want
  5. a video game
  6. rice and dal
  7. people always need them
  8. False
  9. a toy robot
  10. a sticker album
  11. a want
  12. a want
  13. a bigger TV
  14. a want
  15. True
  16. a third pair of shoes
  17. umbrellas and raincoats
  18. True
  19. a want
  20. the needs
  21. False
  22. False
  23. True
  24. a warm blanket
  25. a need
  26. designer sunglasses
  27. school shoes
  28. a warm blanket
  29. we must have to live
  30. medicine when ill
  31. a want
  32. school shoes
  33. soap
  34. a glitter pen set
  35. False
  36. False
  37. many people want it
  38. True
  39. a school uniform
  40. a party dress

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