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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 279 · 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 is the odd one out? (a) rice and dal (b) school shoes (c) a fancy phone cover (d) drinking water
  2. 2.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  3. 3.🛒 Need or want: a toy robot? (a) a want (b) a need
  4. 4.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
  5. 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  6. 6.True or false: “a party dress” is a want. (a) False (b) True
  7. 7.True or false: “a school uniform” is a want. (a) False (b) True
  8. 8.Which of these is a want? (a) medicine when ill (b) school shoes (c) rice and dal (d) a fancy phone cover
  9. 9.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) soap (d) a third pair of shoes
  10. 10.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) school shoes (d) soap
  11. 11.True or false: “rice and dal” is a want. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) a roof over your head (d) medicine when ill
  13. 13.True or false: “designer sunglasses” is a need. (a) False (b) True
  14. 14.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
  15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) medicine when ill (d) a toy robot
  16. 16.🛒 Need or want: a school uniform? (a) a want (b) a need
  17. 17.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  18. 18.Which of these is a need? (a) a sticker album (b) a school uniform (c) designer sunglasses (d) a bigger TV
  19. 19.Which of these is a need? (a) a sticker album (b) school shoes (c) designer sunglasses (d) a video game
  20. 20.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) designer sunglasses (d) a roof over your head
  21. 21.🛒 Need or want: rice and dal? (a) a want (b) a need
  22. 22.🔍 Which is the odd one out? (a) soap (b) a party dress (c) school shoes (d) rice and dal
  23. 23.True or false: “a glitter pen set” is a need. (a) False (b) True
  24. 24.Which of these is a want? (a) soap (b) a bigger TV (c) drinking water (d) bus fare to school
  25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
  26. 26.True or false: “a toy robot” is a need. (a) False (b) True
  27. 27.🛒 Need or want: school shoes? (a) a want (b) a need
  28. 28.🛒 Need or want: drinking water? (a) a want (b) a need
  29. 29.🛒 Need or want: a warm blanket? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) sweets every day (b) medicine when ill (c) school shoes (d) bus fare to school
  31. 31.🛒 Need or want: sweets every day? (a) a need (b) a want
  32. 32.🛒 Need or want: soap? (a) a want (b) a need
  33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
  34. 34.Which of these is a need? (a) a sticker album (b) a video game (c) drinking water (d) a third pair of shoes
  35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
  36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) a third pair of shoes (c) a toy robot (d) school shoes
  37. 37.True or false: “a sticker album” is a want. (a) False (b) True
  38. 38.True or false: “a warm blanket” is a want. (a) True (b) False
  39. 39.True or false: “drinking water” is a need. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) medicine when ill (d) a school uniform

Answer key

  1. a fancy phone cover
  2. a want
  3. a want
  4. the needs
  5. a want
  6. True
  7. False
  8. a fancy phone cover
  9. a third pair of shoes
  10. a glitter pen set
  11. False
  12. a bigger TV
  13. False
  14. a need: food
  15. a toy robot
  16. a need
  17. many people want it
  18. a school uniform
  19. school shoes
  20. designer sunglasses
  21. a need
  22. a party dress
  23. False
  24. a bigger TV
  25. False
  26. False
  27. a need
  28. a need
  29. a need
  30. sweets every day
  31. a want
  32. a need
  33. a want
  34. drinking water
  35. people always need them
  36. school shoes
  37. True
  38. False
  39. True
  40. a video game

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