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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 384 · 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.True or false: “a glitter pen set” is a want. (a) False (b) True
  2. 2.🛒 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
  3. 3.Which of these is a want? (a) school shoes (b) notebooks for school (c) a school uniform (d) a glitter pen set
  4. 4.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) designer sunglasses (d) a party dress
  5. 5.True or false: “a sticker album” is a want. (a) True (b) False
  6. 6.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
  7. 7.True or false: “medicine when ill” is a need. (a) False (b) True
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
  9. 9.🛒 Need or want: drinking water? (a) a need (b) a want
  10. 10.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) a warm blanket (d) soap
  11. 11.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) school shoes (d) a roof over your head
  12. 12.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a third pair of shoes (d) a glitter pen set
  13. 13.🛒 Need or want: school shoes? (a) a want (b) a need
  14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
  15. 15.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a roof over your head (d) a third pair of shoes
  16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) a bigger TV (d) a party dress
  17. 17.True or false: “a fancy phone cover” is a want. (a) True (b) False
  18. 18.🛒 Need or want: a sticker album? (a) a need (b) a want
  19. 19.True or false: “notebooks for school” is a want. (a) False (b) True
  20. 20.🛒 Need or want: a party dress? (a) a want (b) a need
  21. 21.🛒 Need or want: medicine when ill? (a) a want (b) a need
  22. 22.Which of these is a need? (a) a school uniform (b) a party dress (c) a sticker album (d) a video game
  23. 23.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a glitter pen set (d) drinking water
  25. 25.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  26. 26.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) soap (d) notebooks for school
  27. 27.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  28. 28.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) designer sunglasses (d) rice and dal
  29. 29.True or false: “a third pair of shoes” is a want. (a) True (b) False
  30. 30.True or false: “a video game” is a need. (a) False (b) True
  31. 31.True or false: “school shoes” is a want. (a) False (b) True
  32. 32.🛒 Need or want: a warm blanket? (a) a want (b) a need
  33. 33.True or false: “medicine when ill” is a want. (a) False (b) True
  34. 34.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a party dress (d) a roof over your head
  35. 35.True or false: “school shoes” is a need. (a) False (b) True
  36. 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) a warm blanket (d) designer sunglasses
  38. 38.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) designer sunglasses (d) soap
  39. 39.True or false: “a warm blanket” is a want. (a) False (b) True
  40. 40.Which of these is a want? (a) medicine when ill (b) a school uniform (c) school shoes (d) a video game

Answer key

  1. True
  2. the needs
  3. a glitter pen set
  4. soap
  5. True
  6. umbrellas and raincoats
  7. True
  8. people always need them
  9. a need
  10. a fancy phone cover
  11. a sticker album
  12. a roof over your head
  13. a need
  14. a want
  15. a third pair of shoes
  16. a school uniform
  17. True
  18. a want
  19. False
  20. a want
  21. a need
  22. a school uniform
  23. hot drinks
  24. drinking water
  25. a want
  26. a fancy phone cover
  27. we must have to live
  28. designer sunglasses
  29. True
  30. False
  31. False
  32. a need
  33. False
  34. a party dress
  35. True
  36. a need
  37. a warm blanket
  38. soap
  39. False
  40. a video game

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