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Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

  1. a party dress
  2. False
  3. a need
  4. True
  5. notebooks for school
  6. soap
  7. False
  8. False
  9. a need: food
  10. a video game
  11. a need
  12. people always need them
  13. a need
  14. False
  15. True
  16. True
  17. True
  18. a want
  19. False
  20. school shoes
  21. a want
  22. sweets every day
  23. a want
  24. a want
  25. drinking water
  26. notebooks for school
  27. umbrellas and raincoats
  28. bus fare to school
  29. False
  30. a want
  31. a want
  32. a need
  33. many people want it
  34. school shoes
  35. we must have to live
  36. a sticker album
  37. a toy robot
  38. a warm blanket
  39. a party dress
  40. the needs

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