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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 344 · 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: a glitter pen set? (a) a need (b) a want
  2. 2.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
  3. 3.🛒 Need or want: bus fare to school? (a) a want (b) a need
  4. 4.🛒 Need or want: a fancy phone cover? (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) woollen sweaters (d) umbrellas and raincoats
  6. 6.True or false: “a glitter pen set” is a want. (a) True (b) False
  7. 7.🛒 Need or want: a video game? (a) a need (b) a want
  8. 8.🛒 Need or want: notebooks for school? (a) a need (b) a want
  9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
  10. 10.True or false: “a third pair of shoes” is a want. (a) True (b) False
  11. 11.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
  12. 12.Which of these is a need? (a) soap (b) a fancy phone cover (c) a glitter pen set (d) designer sunglasses
  13. 13.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a warm blanket (d) a glitter pen set
  14. 14.Which of these is a need? (a) a glitter pen set (b) a video game (c) a bigger TV (d) notebooks for school
  15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) notebooks for school (d) a party dress
  16. 16.True or false: “a party dress” is a need. (a) True (b) False
  17. 17.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) a glitter pen set (d) a roof over your head
  18. 18.🛒 Need or want: a roof over your head? (a) a need (b) a want
  19. 19.🛒 Need or want: a toy robot? (a) a want (b) a need
  20. 20.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
  21. 21.True or false: “school shoes” is a need. (a) False (b) True
  22. 22.True or false: “drinking water” is a need. (a) True (b) False
  23. 23.True or false: “medicine when ill” is a want. (a) False (b) True
  24. 24.🛒 Need or want: soap? (a) a want (b) a need
  25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
  26. 26.🛒 Need or want: sweets every day? (a) a want (b) a need
  27. 27.True or false: “a glitter pen set” is a need. (a) True (b) False
  28. 28.True or false: “a toy robot” is a want. (a) False (b) True
  29. 29.🛒 Need or want: drinking water? (a) a want (b) a need
  30. 30.Which of these is a need? (a) medicine when ill (b) a sticker album (c) a video game (d) a bigger TV
  31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
  32. 32.Which of these is a want? (a) soap (b) rice and dal (c) a glitter pen set (d) drinking water
  33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
  34. 34.True or false: “notebooks for school” is a want. (a) True (b) False
  35. 35.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a party dress (d) school shoes
  36. 36.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) bus fare to school (d) a third pair of shoes
  37. 37.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) rice and dal (d) medicine when ill
  38. 38.🛒 Need or want: a sticker album? (a) a want (b) a need
  39. 39.Which of these is a want? (a) drinking water (b) a warm blanket (c) a roof over your head (d) a toy robot
  40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) drinking water (d) a party dress

Answer key

  1. a want
  2. many people want it
  3. a need
  4. a want
  5. umbrellas and raincoats
  6. True
  7. a want
  8. a need
  9. a need
  10. True
  11. a need: food
  12. soap
  13. a warm blanket
  14. notebooks for school
  15. notebooks for school
  16. False
  17. a roof over your head
  18. a need
  19. a want
  20. we must have to live
  21. True
  22. True
  23. False
  24. a need
  25. a want
  26. a want
  27. False
  28. True
  29. a need
  30. medicine when ill
  31. people always need them
  32. a glitter pen set
  33. the needs
  34. False
  35. school shoes
  36. a third pair of shoes
  37. a video game
  38. a want
  39. a toy robot
  40. drinking water

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