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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 280 · 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.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
  2. 2.🛒 Need or want: a toy robot? (a) a want (b) a need
  3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
  4. 4.True or false: “a sticker album” is a need. (a) True (b) False
  5. 5.🛒 Need or want: sweets every day? (a) a want (b) a need
  6. 6.Which of these is a need? (a) a video game (b) a glitter pen set (c) a toy robot (d) rice and dal
  7. 7.🛒 Need or want: drinking water? (a) a want (b) a need
  8. 8.Which of these is a want? (a) a glitter pen set (b) drinking water (c) bus fare to school (d) a roof over your head
  9. 9.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) rice and dal (d) notebooks for school
  10. 10.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a warm blanket (d) school shoes
  11. 11.Which of these is a need? (a) a sticker album (b) sweets every day (c) a warm blanket (d) designer sunglasses
  12. 12.🛒 Need or want: a warm blanket? (a) a want (b) a need
  13. 13.Which of these is a want? (a) a warm blanket (b) drinking water (c) bus fare to school (d) a bigger TV
  14. 14.Which of these is a need? (a) a bigger TV (b) a video game (c) a sticker album (d) bus fare to school
  15. 15.True or false: “designer sunglasses” is a need. (a) False (b) True
  16. 16.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
  17. 17.Which of these is a need? (a) a third pair of shoes (b) drinking water (c) designer sunglasses (d) a glitter pen set
  18. 18.🛍️ 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
  19. 19.🛒 Need or want: school shoes? (a) a need (b) a want
  20. 20.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a video game (d) a school uniform
  21. 21.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a warm blanket (d) a third pair of shoes
  22. 22.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a party dress (d) school shoes
  23. 23.True or false: “sweets every day” is a need. (a) False (b) True
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
  25. 25.🛒 Need or want: a bigger TV? (a) a need (b) a want
  26. 26.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) a third pair of shoes (d) a toy robot
  27. 27.True or false: “a fancy phone cover” is a need. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a bigger TV (d) a warm blanket
  29. 29.True or false: “a party dress” is a need. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) school shoes (d) a glitter pen set
  31. 31.True or false: “a video game” is a need. (a) False (b) True
  32. 32.True or false: “a bigger TV” is a want. (a) False (b) True
  33. 33.True or false: “rice and dal” is a need. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) a toy robot (d) a fancy phone cover
  35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) rice and dal (d) drinking water
  36. 36.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) school shoes (d) a fancy phone cover
  37. 37.True or false: “a sticker album” is a want. (a) False (b) True
  38. 38.True or false: “a toy robot” is a need. (a) True (b) False
  39. 39.True or false: “a school uniform” is a want. (a) True (b) False
  40. 40.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy

Answer key

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

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