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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 291 · 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) a bigger TV (b) soap (c) rice and dal (d) a school uniform
  2. 2.🛒 Need or want: bus fare to school? (a) a want (b) a need
  3. 3.🛒 Need or want: sweets every day? (a) a need (b) a want
  4. 4.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a video game (d) sweets every day
  5. 5.🛒 Need or want: a roof over your head? (a) a want (b) a need
  6. 6.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
  7. 7.🛒 Need or want: notebooks for school? (a) a need (b) a want
  8. 8.True or false: “soap” is a want. (a) True (b) False
  9. 9.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  10. 10.True or false: “a fancy phone cover” is a need. (a) False (b) True
  11. 11.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a roof over your head (d) a video game
  12. 12.True or false: “a sticker album” is a need. (a) False (b) True
  13. 13.🛒 Need or want: a bigger TV? (a) a need (b) a want
  14. 14.True or false: “medicine when ill” is a need. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) designer sunglasses (d) a warm blanket
  16. 16.🛒 Need or want: school shoes? (a) a want (b) a need
  17. 17.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) a warm blanket (d) bus fare to school
  18. 18.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) medicine when ill (d) designer sunglasses
  19. 19.Which of these is a need? (a) a toy robot (b) a video game (c) designer sunglasses (d) rice and dal
  20. 20.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a school uniform (d) a fancy phone cover
  21. 21.True or false: “a glitter pen set” is a need. (a) False (b) True
  22. 22.Which of these is a want? (a) soap (b) medicine when ill (c) school shoes (d) a glitter pen set
  23. 23.True or false: “a sticker album” is a want. (a) False (b) True
  24. 24.Which of these is a need? (a) a party dress (b) a toy robot (c) designer sunglasses (d) medicine when ill
  25. 25.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a video game (d) soap
  26. 26.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  27. 27.🛒 Need or want: soap? (a) a need (b) a want
  28. 28.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) medicine when ill (d) drinking water
  29. 29.True or false: “a party dress” is a need. (a) True (b) False
  30. 30.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
  31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
  32. 32.True or false: “notebooks for school” is a want. (a) True (b) False
  33. 33.Which of these is a want? (a) medicine when ill (b) a party dress (c) drinking water (d) a school uniform
  34. 34.🛒 Need or want: medicine when ill? (a) a want (b) a need
  35. 35.Which of these is a need? (a) a glitter pen set (b) a warm blanket (c) a video game (d) sweets every day
  36. 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
  38. 38.True or false: “a roof over your head” is a want. (a) True (b) False
  39. 39.🛒 Need or want: a sticker album? (a) a want (b) a need
  40. 40.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) sweets every day (d) bus fare to school

Answer key

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

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