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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 386 · 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 school uniform” is a want. (a) False (b) True
  2. 2.🛒 Need or want: soap? (a) a want (b) a need
  3. 3.True or false: “school shoes” is a want. (a) True (b) False
  4. 4.True or false: “a glitter pen set” is a need. (a) False (b) True
  5. 5.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
  6. 6.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
  7. 7.🛒 Need or want: a toy robot? (a) a want (b) a need
  8. 8.🛒 Need or want: a warm blanket? (a) a want (b) a need
  9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
  10. 10.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) rice and dal (d) a video game
  11. 11.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a glitter pen set (d) a warm blanket
  12. 12.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) a toy robot (d) a warm blanket
  13. 13.True or false: “a third pair of shoes” is a need. (a) False (b) True
  14. 14.🛒 Need or want: medicine when ill? (a) a need (b) a want
  15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  16. 16.🛒 Need or want: a school uniform? (a) a need (b) a want
  17. 17.🛒 Need or want: rice and dal? (a) a need (b) a want
  18. 18.Which of these is a want? (a) school shoes (b) medicine when ill (c) a toy robot (d) drinking water
  19. 19.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  20. 20.True or false: “medicine when ill” is a want. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) notebooks for school (d) a video game
  22. 22.True or false: “a warm blanket” is a want. (a) True (b) False
  23. 23.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
  24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) bus fare to school (d) drinking water
  25. 25.True or false: “sweets every day” is a want. (a) True (b) False
  26. 26.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) soap (d) a video game
  27. 27.True or false: “a bigger TV” is a need. (a) True (b) False
  28. 28.True or false: “rice and dal” is a want. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) school shoes (d) medicine when ill
  30. 30.🛒 Need or want: a party dress? (a) a want (b) a need
  31. 31.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a roof over your head (d) a bigger TV
  32. 32.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a sticker album (d) school shoes
  33. 33.Which of these is a want? (a) rice and dal (b) sweets every day (c) a school uniform (d) school shoes
  34. 34.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
  35. 35.True or false: “a fancy phone cover” is a want. (a) False (b) True
  36. 36.True or false: “drinking water” is a want. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) a party dress (d) bus fare to school
  38. 38.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) a fancy phone cover (d) a video game
  39. 39.True or false: “a party dress” is a need. (a) True (b) False
  40. 40.🛒 Need or want: a video game? (a) a want (b) a need

Answer key

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

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