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Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

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

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