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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 30 · 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 need? (a) a third pair of shoes (b) designer sunglasses (c) sweets every day (d) drinking water
  2. 2.True or false: “designer sunglasses” is a need. (a) True (b) False
  3. 3.True or false: “drinking water” is a need. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) drinking water (d) a warm blanket
  5. 5.Which of these is a want? (a) school shoes (b) notebooks for school (c) drinking water (d) a toy robot
  6. 6.True or false: “a fancy phone cover” is a want. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a bigger TV (d) drinking water
  8. 8.🛍️ 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
  9. 9.Which of these is a need? (a) a party dress (b) a sticker album (c) a bigger TV (d) notebooks for school
  10. 10.True or false: “a glitter pen set” is a want. (a) False (b) True
  11. 11.True or false: “a warm blanket” is a need. (a) False (b) True
  12. 12.True or false: “sweets every day” is a need. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a bigger TV (b) bus fare to school (c) designer sunglasses (d) a sticker album
  14. 14.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a school uniform (d) a glitter pen set
  15. 15.🛒 Need or want: a toy robot? (a) a need (b) a want
  16. 16.🛒 Need or want: a party dress? (a) a need (b) a want
  17. 17.🛒 Need or want: sweets every day? (a) a want (b) a need
  18. 18.Which of these is a want? (a) bus fare to school (b) soap (c) a glitter pen set (d) drinking water
  19. 19.True or false: “rice and dal” is a want. (a) True (b) False
  20. 20.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
  21. 21.🛒 Need or want: a school uniform? (a) a need (b) a want
  22. 22.True or false: “a school uniform” is a want. (a) True (b) False
  23. 23.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  24. 24.🛒 Need or want: school shoes? (a) a need (b) a want
  25. 25.🛒 Need or want: soap? (a) a want (b) a need
  26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a third pair of shoes (d) medicine when ill
  27. 27.Which of these is a want? (a) a video game (b) notebooks for school (c) rice and dal (d) bus fare to school
  28. 28.True or false: “a fancy phone cover” is a need. (a) True (b) False
  29. 29.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) soap (d) a sticker album
  30. 30.🛒 Need or want: a roof over your head? (a) a want (b) a need
  31. 31.🛒 Need or want: a sticker album? (a) a want (b) a need
  32. 32.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
  33. 33.True or false: “bus fare to school” is a need. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) designer sunglasses (d) soap
  35. 35.True or false: “a roof over your head” is a need. (a) True (b) False
  36. 36.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  37. 37.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
  38. 38.True or false: “drinking water” is a want. (a) True (b) False
  39. 39.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  40. 40.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) soap (d) a party dress

Answer key

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

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