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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 383 · 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.True or false: “a third pair of shoes” is a need. (a) False (b) True
  2. 2.True or false: “a third pair of shoes” is a want. (a) True (b) False
  3. 3.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  4. 4.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a fancy phone cover (d) soap
  5. 5.🛒 Need or want: bus fare to school? (a) a want (b) a need
  6. 6.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a glitter pen set (d) school shoes
  7. 7.🛒 Need or want: medicine when ill? (a) a want (b) a need
  8. 8.True or false: “rice and dal” is a need. (a) False (b) True
  9. 9.🛒 Need or want: a school uniform? (a) a want (b) a need
  10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
  11. 11.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) notebooks for school (d) designer sunglasses
  12. 12.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a video game (d) a toy robot
  13. 13.Which of these is a want? (a) medicine when ill (b) a school uniform (c) rice and dal (d) designer sunglasses
  14. 14.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a video game (d) school shoes
  15. 15.Which of these is a want? (a) a school uniform (b) drinking water (c) a glitter pen set (d) rice and dal
  16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  17. 17.🛒 Need or want: school shoes? (a) a want (b) a need
  18. 18.True or false: “designer sunglasses” is a need. (a) True (b) False
  19. 19.True or false: “soap” is a need. (a) False (b) True
  20. 20.True or false: “a party dress” is a want. (a) False (b) True
  21. 21.True or false: “a warm blanket” is a need. (a) False (b) True
  22. 22.🛍️ 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
  23. 23.True or false: “a glitter pen set” is a want. (a) False (b) True
  24. 24.🛒 Need or want: soap? (a) a want (b) a need
  25. 25.True or false: “a party dress” is a need. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) soap (d) drinking water
  27. 27.🛒 Need or want: rice and dal? (a) a need (b) a want
  28. 28.True or false: “school shoes” is a want. (a) False (b) True
  29. 29.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  30. 30.🛒 Need or want: a sticker album? (a) a want (b) a need
  31. 31.🛒 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
  32. 32.🛒 Need or want: a toy robot? (a) a want (b) a need
  33. 33.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a fancy phone cover (d) rice and dal
  34. 34.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) notebooks for school (d) a roof over your head
  35. 35.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) a roof over your head (d) a warm blanket
  36. 36.Which of these is a need? (a) bus fare to school (b) a video game (c) a glitter pen set (d) a sticker album
  37. 37.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  38. 38.🎯 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
  39. 39.Which of these is a want? (a) school shoes (b) rice and dal (c) notebooks for school (d) a video game
  40. 40.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) bus fare to school (d) a roof over your head

Answer key

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

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