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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 308 · 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: drinking water? (a) a want (b) a need
  2. 2.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  3. 3.True or false: “school shoes” is a need. (a) False (b) True
  4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
  5. 5.True or false: “bus fare to school” is a want. (a) False (b) True
  6. 6.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  7. 7.Which of these is a need? (a) a toy robot (b) sweets every day (c) a school uniform (d) a bigger TV
  8. 8.True or false: “a bigger TV” is a need. (a) True (b) False
  9. 9.🛒 Need or want: a bigger TV? (a) a want (b) a need
  10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a bigger TV (d) drinking water
  11. 11.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) a roof over your head (d) a glitter pen set
  12. 12.Which of these is a want? (a) a warm blanket (b) a fancy phone cover (c) medicine when ill (d) rice and dal
  13. 13.Which of these is a want? (a) school shoes (b) a roof over your head (c) a video game (d) medicine when ill
  14. 14.Which of these is a want? (a) soap (b) notebooks for school (c) designer sunglasses (d) a school uniform
  15. 15.🛒 Need or want: soap? (a) a want (b) a need
  16. 16.Which of these is a need? (a) a roof over your head (b) a sticker album (c) a bigger TV (d) a third pair of shoes
  17. 17.True or false: “a warm blanket” is a need. (a) False (b) True
  18. 18.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  19. 19.🛒 Need or want: medicine when ill? (a) a want (b) a need
  20. 20.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) a fancy phone cover (d) a bigger TV
  22. 22.Which of these is a need? (a) medicine when ill (b) sweets every day (c) a glitter pen set (d) a fancy phone cover
  23. 23.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
  25. 25.🛒 Need or want: a warm blanket? (a) a want (b) a need
  26. 26.🛒 Need or want: rice and dal? (a) a want (b) a need
  27. 27.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) sweets every day (d) soap
  28. 28.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a party dress (d) designer sunglasses
  29. 29.True or false: “medicine when ill” is a need. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a third pair of shoes (d) sweets every day
  31. 31.🛒 Need or want: a video game? (a) a want (b) a need
  32. 32.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  33. 33.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) bus fare to school (d) soap
  34. 34.Which of these is a need? (a) drinking water (b) a sticker album (c) designer sunglasses (d) a fancy phone cover
  35. 35.True or false: “a party dress” is a need. (a) True (b) False
  36. 36.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a sticker album (d) rice and dal
  37. 37.🛒 Need or want: school shoes? (a) a need (b) a want
  38. 38.🛒 Need or want: a toy robot? (a) a want (b) a need
  39. 39.True or false: “a third pair of shoes” is a want. (a) False (b) True
  40. 40.True or false: “sweets every day” is a need. (a) True (b) False

Answer key

  1. a need
  2. umbrellas and raincoats
  3. True
  4. a need
  5. False
  6. a want
  7. a school uniform
  8. False
  9. a want
  10. drinking water
  11. a roof over your head
  12. a fancy phone cover
  13. a video game
  14. designer sunglasses
  15. a need
  16. a roof over your head
  17. True
  18. we must have to live
  19. a need
  20. a want
  21. school shoes
  22. medicine when ill
  23. people always need them
  24. a need
  25. a need
  26. a need
  27. soap
  28. medicine when ill
  29. True
  30. bus fare to school
  31. a want
  32. the needs
  33. a fancy phone cover
  34. drinking water
  35. False
  36. rice and dal
  37. a need
  38. a want
  39. True
  40. False

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