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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 32 · 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) rice and dal (b) a third pair of shoes (c) a party dress (d) sweets every day
  2. 2.🛒 Need or want: a video game? (a) a want (b) a need
  3. 3.True or false: “a glitter pen set” is a want. (a) True (b) False
  4. 4.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  5. 5.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a video game (d) bus fare to school
  6. 6.Which of these is a want? (a) bus fare to school (b) school shoes (c) a fancy phone cover (d) notebooks for school
  7. 7.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a warm blanket (d) a video game
  8. 8.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) sweets every day (d) a third pair of shoes
  9. 9.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) drinking water (d) a glitter pen set
  10. 10.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
  11. 11.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  12. 12.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  13. 13.True or false: “designer sunglasses” is a want. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) bus fare to school (d) a toy robot
  15. 15.🛒 Need or want: a roof over your head? (a) a need (b) a want
  16. 16.🛒 Need or want: rice and dal? (a) a want (b) a need
  17. 17.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  18. 18.🛒 Need or want: a toy robot? (a) a need (b) a want
  19. 19.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a party dress (d) a roof over your head
  20. 20.🛒 Need or want: bus fare to school? (a) a want (b) a need
  21. 21.🛒 Need or want: a school uniform? (a) a want (b) a need
  22. 22.True or false: “soap” is a want. (a) False (b) True
  23. 23.True or false: “a bigger TV” is a want. (a) False (b) True
  24. 24.🛍️ 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
  25. 25.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  26. 26.True or false: “a sticker album” is a want. (a) False (b) True
  27. 27.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
  28. 28.Which of these is a want? (a) a bigger TV (b) a roof over your head (c) rice and dal (d) drinking water
  29. 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) drinking water (d) rice and dal
  30. 30.Which of these is a want? (a) a video game (b) soap (c) a roof over your head (d) drinking water
  31. 31.🛒 Need or want: a warm blanket? (a) a want (b) a need
  32. 32.True or false: “a toy robot” is a need. (a) True (b) False
  33. 33.True or false: “a toy robot” is a want. (a) True (b) False
  34. 34.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a third pair of shoes (d) soap
  35. 35.True or false: “a warm blanket” is a want. (a) True (b) False
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.Which of these is a need? (a) a roof over your head (b) a video game (c) a fancy phone cover (d) a sticker album
  38. 38.Which of these is a want? (a) soap (b) a sticker album (c) notebooks for school (d) a warm blanket
  39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
  40. 40.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites

Answer key

  1. rice and dal
  2. a want
  3. True
  4. many people want it
  5. a video game
  6. a fancy phone cover
  7. a warm blanket
  8. school shoes
  9. drinking water
  10. hot drinks
  11. a need: food
  12. we must have to live
  13. True
  14. a toy robot
  15. a need
  16. a need
  17. a want
  18. a want
  19. a roof over your head
  20. a need
  21. a need
  22. False
  23. True
  24. people always need them
  25. a want
  26. True
  27. the needs
  28. a bigger TV
  29. a fancy phone cover
  30. a video game
  31. a need
  32. False
  33. True
  34. soap
  35. False
  36. a need
  37. a roof over your head
  38. a sticker album
  39. a need
  40. umbrellas and raincoats

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