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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 380 · 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.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
  2. 2.🛒 Need or want: a school uniform? (a) a need (b) a want
  3. 3.🛒 Need or want: sweets every day? (a) a need (b) a want
  4. 4.Which of these is a need? (a) a video game (b) a bigger TV (c) a school uniform (d) a fancy phone cover
  5. 5.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a party dress (d) medicine when ill
  6. 6.True or false: “a fancy phone cover” is a need. (a) False (b) True
  7. 7.🛒 Need or want: a sticker album? (a) a need (b) a want
  8. 8.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  9. 9.True or false: “school shoes” is a need. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) drinking water (d) a sticker album
  11. 11.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a video game (d) rice and dal
  12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) a warm blanket (d) a video game
  13. 13.🛒 Need or want: rice and dal? (a) a need (b) a want
  14. 14.Which of these is a need? (a) medicine when ill (b) a video game (c) a party dress (d) a fancy phone cover
  15. 15.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) soap (d) a toy robot
  16. 16.True or false: “school shoes” is a want. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) soap (d) a roof over your head
  18. 18.🛒 Need or want: a party dress? (a) a want (b) a need
  19. 19.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) bus fare to school (d) drinking water
  20. 20.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a warm blanket (d) a bigger TV
  21. 21.True or false: “a warm blanket” is a want. (a) False (b) True
  22. 22.True or false: “a third pair of shoes” is a want. (a) True (b) False
  23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
  24. 24.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) medicine when ill (d) notebooks for school
  25. 25.🛒 Need or want: a warm blanket? (a) a need (b) a want
  26. 26.🛒 Need or want: a bigger TV? (a) a want (b) a need
  27. 27.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  28. 28.Which of these is a want? (a) a party dress (b) drinking water (c) bus fare to school (d) a school uniform
  29. 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) soap (d) a glitter pen set
  30. 30.Which of these is a need? (a) drinking water (b) a fancy phone cover (c) a third pair of shoes (d) a bigger TV
  31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) drinking water (d) sweets every day
  32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) a glitter pen set (d) drinking water
  33. 33.True or false: “a toy robot” is a want. (a) False (b) True
  34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
  35. 35.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) a third pair of shoes (d) a video game
  36. 36.Which of these is a need? (a) rice and dal (b) a fancy phone cover (c) a bigger TV (d) a party dress
  37. 37.🛒 Need or want: bus fare to school? (a) a need (b) a want
  38. 38.True or false: “a party dress” is a need. (a) False (b) True
  39. 39.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  40. 40.True or false: “a glitter pen set” is a need. (a) True (b) False

Answer key

  1. umbrellas and raincoats
  2. a need
  3. a want
  4. a school uniform
  5. medicine when ill
  6. False
  7. a want
  8. a want
  9. True
  10. a sticker album
  11. rice and dal
  12. a warm blanket
  13. a need
  14. medicine when ill
  15. a toy robot
  16. False
  17. designer sunglasses
  18. a want
  19. a glitter pen set
  20. a bigger TV
  21. False
  22. True
  23. a need
  24. a party dress
  25. a need
  26. a want
  27. a want
  28. a party dress
  29. soap
  30. drinking water
  31. sweets every day
  32. drinking water
  33. True
  34. many people want it
  35. school shoes
  36. rice and dal
  37. a need
  38. False
  39. the needs
  40. False

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