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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 347 · 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.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
  3. 3.Which of these is a want? (a) rice and dal (b) a school uniform (c) a warm blanket (d) designer sunglasses
  4. 4.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) a video game (d) a toy robot
  5. 5.🛒 Need or want: a toy robot? (a) a want (b) a need
  6. 6.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) a roof over your head (d) a warm blanket
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) a school uniform (d) medicine when ill
  9. 9.🛒 Need or want: notebooks for school? (a) a need (b) a want
  10. 10.Which of these is a need? (a) a party dress (b) a toy robot (c) bus fare to school (d) a third pair of shoes
  11. 11.Which of these is a need? (a) a glitter pen set (b) school shoes (c) a sticker album (d) a video game
  12. 12.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  13. 13.Which of these is a want? (a) drinking water (b) notebooks for school (c) a toy robot (d) a roof over your head
  14. 14.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) medicine when ill (d) designer sunglasses
  15. 15.True or false: “a toy robot” is a need. (a) False (b) True
  16. 16.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  17. 17.Which of these is a need? (a) soap (b) a bigger TV (c) a sticker album (d) a toy robot
  18. 18.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a warm blanket (d) a fancy phone cover
  19. 19.🛒 Need or want: bus fare to school? (a) a want (b) a need
  20. 20.🛒 Need or want: a video game? (a) a need (b) a want
  21. 21.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  22. 22.Which of these is a need? (a) a party dress (b) a video game (c) a bigger TV (d) rice and dal
  23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  25. 25.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
  26. 26.🛒 Need or want: a party dress? (a) a want (b) a need
  27. 27.🛒 Need or want: rice and dal? (a) a want (b) a need
  28. 28.🛒 Need or want: a sticker album? (a) a need (b) a want
  29. 29.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) a toy robot (d) a fancy phone cover
  30. 30.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  31. 31.Which of these is a need? (a) drinking water (b) a third pair of shoes (c) a fancy phone cover (d) designer sunglasses
  32. 32.🛒 Need or want: a roof over your head? (a) a want (b) a need
  33. 33.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) school shoes (d) a roof over your head
  34. 34.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) bus fare to school (d) drinking water
  35. 35.True or false: “a bigger TV” is a want. (a) True (b) False
  36. 36.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
  37. 37.True or false: “a school uniform” is a need. (a) True (b) False
  38. 38.True or false: “a third pair of shoes” is a need. (a) True (b) False
  39. 39.True or false: “a video game” is a want. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) rice and dal (d) bus fare to school

Answer key

  1. we must have to live
  2. people always need them
  3. designer sunglasses
  4. a warm blanket
  5. a want
  6. a glitter pen set
  7. hot drinks
  8. a fancy phone cover
  9. a need
  10. bus fare to school
  11. school shoes
  12. many people want it
  13. a toy robot
  14. designer sunglasses
  15. False
  16. a want
  17. soap
  18. a warm blanket
  19. a need
  20. a want
  21. a want
  22. rice and dal
  23. a need
  24. umbrellas and raincoats
  25. a need: food
  26. a want
  27. a need
  28. a want
  29. bus fare to school
  30. the needs
  31. drinking water
  32. a need
  33. a party dress
  34. sweets every day
  35. True
  36. notebooks for school
  37. True
  38. False
  39. True
  40. a toy robot

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