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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 322 · 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.

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  1. 1.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a warm blanket (d) a bigger TV
  2. 2.True or false: “drinking water” is a need. (a) True (b) False
  3. 3.🎯 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
  4. 4.🛒 Need or want: a bigger TV? (a) a need (b) a want
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  6. 6.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  7. 7.🛒 Need or want: a toy robot? (a) a need (b) a want
  8. 8.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) a video game (d) medicine when ill
  9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) bus fare to school (d) rice and dal
  10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
  11. 11.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) soap (d) a toy robot
  12. 12.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
  13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
  14. 14.🛒 Need or want: school shoes? (a) a need (b) a want
  15. 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
  16. 16.Which of these is a want? (a) rice and dal (b) medicine when ill (c) notebooks for school (d) a video game
  17. 17.True or false: “a party dress” is a need. (a) True (b) False
  18. 18.🛒 Need or want: a sticker album? (a) a want (b) a need
  19. 19.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) bus fare to school (d) designer sunglasses
  20. 20.True or false: “a school uniform” is a want. (a) False (b) True
  21. 21.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  22. 22.True or false: “a bigger TV” is a need. (a) True (b) False
  23. 23.🛍️ 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
  24. 24.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a sticker album (d) soap
  25. 25.Which of these is a need? (a) a sticker album (b) a school uniform (c) a glitter pen set (d) designer sunglasses
  26. 26.True or false: “bus fare to school” is a need. (a) False (b) True
  27. 27.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  28. 28.Which of these is a want? (a) medicine when ill (b) a bigger TV (c) notebooks for school (d) drinking water
  29. 29.True or false: “school shoes” is a need. (a) True (b) False
  30. 30.Which of these is a want? (a) a school uniform (b) school shoes (c) drinking water (d) a party dress
  31. 31.🛒 Need or want: a school uniform? (a) a want (b) a need
  32. 32.Which of these is a want? (a) a roof over your head (b) soap (c) rice and dal (d) a fancy phone cover
  33. 33.True or false: “a fancy phone cover” is a want. (a) True (b) False
  34. 34.🛒 Need or want: a roof over your head? (a) a want (b) a need
  35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) a video game (d) school shoes
  36. 36.Which of these is a want? (a) soap (b) designer sunglasses (c) notebooks for school (d) a roof over your head
  37. 37.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a bigger TV (d) school shoes
  38. 38.True or false: “a third pair of shoes” is a need. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) sweets every day (d) soap
  40. 40.True or false: “medicine when ill” is a need. (a) True (b) False

Answer key

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

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