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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 387 · 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 sticker album” is a want. (a) False (b) True
  2. 2.Which of these is a want? (a) school shoes (b) rice and dal (c) a party dress (d) a warm blanket
  3. 3.🛒 Need or want: a roof over your head? (a) a need (b) a want
  4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a school uniform (d) a video game
  5. 5.🛒 Need or want: a bigger TV? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) school shoes (d) a sticker album
  7. 7.🛒 Need or want: sweets every day? (a) a need (b) a want
  8. 8.True or false: “a warm blanket” is a want. (a) True (b) False
  9. 9.🛒 Need or want: medicine when ill? (a) a need (b) a want
  10. 10.True or false: “medicine when ill” is a need. (a) False (b) True
  11. 11.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  12. 12.Which of these is a want? (a) medicine when ill (b) a toy robot (c) soap (d) a school uniform
  13. 13.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) a video game (d) drinking water
  14. 14.🛒 Need or want: a sticker album? (a) a want (b) a need
  15. 15.Which of these is a need? (a) a sticker album (b) a bigger TV (c) designer sunglasses (d) a roof over your head
  16. 16.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) notebooks for school (d) a party dress
  17. 17.True or false: “a roof over your head” is a want. (a) False (b) True
  18. 18.True or false: “notebooks for school” is a want. (a) True (b) False
  19. 19.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  20. 20.True or false: “a warm blanket” is a need. (a) False (b) True
  21. 21.🛒 Need or want: soap? (a) a need (b) a want
  22. 22.True or false: “drinking water” is a want. (a) False (b) True
  23. 23.True or false: “a school uniform” is a need. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) rice and dal (d) a fancy phone cover
  25. 25.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  26. 26.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a warm blanket (d) designer sunglasses
  27. 27.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a school uniform (d) sweets every day
  28. 28.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
  29. 29.🛒 Need or want: bus fare to school? (a) a want (b) a need
  30. 30.Which of these is a want? (a) drinking water (b) rice and dal (c) medicine when ill (d) sweets every day
  31. 31.Which of these is a want? (a) soap (b) a school uniform (c) a video game (d) school shoes
  32. 32.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  33. 33.True or false: “a third pair of shoes” is a want. (a) True (b) False
  34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
  35. 35.🛒 Need or want: a toy robot? (a) a want (b) a need
  36. 36.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) medicine when ill (d) a third pair of shoes
  37. 37.🛒 Need or want: a warm blanket? (a) a need (b) a want
  38. 38.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  39. 39.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a glitter pen set (d) a roof over your head
  40. 40.True or false: “a video game” is a want. (a) False (b) True

Answer key

  1. True
  2. a party dress
  3. a need
  4. a school uniform
  5. a want
  6. a sticker album
  7. a want
  8. False
  9. a need
  10. True
  11. a want
  12. a toy robot
  13. drinking water
  14. a want
  15. a roof over your head
  16. a party dress
  17. False
  18. False
  19. a need: food
  20. True
  21. a need
  22. False
  23. True
  24. rice and dal
  25. hot drinks
  26. a warm blanket
  27. a school uniform
  28. the needs
  29. a need
  30. sweets every day
  31. a video game
  32. umbrellas and raincoats
  33. True
  34. a need
  35. a want
  36. a third pair of shoes
  37. a need
  38. a want
  39. a glitter pen set
  40. True

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