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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 392 · 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: “bus fare to school” is a want. (a) True (b) False
  2. 2.True or false: “a toy robot” is a need. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) sweets every day (d) school shoes
  4. 4.🛒 Need or want: bus fare to school? (a) a want (b) a need
  5. 5.True or false: “a sticker album” is a want. (a) False (b) True
  6. 6.True or false: “school shoes” is a need. (a) True (b) False
  7. 7.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  8. 8.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  9. 9.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) rice and dal (d) a video game
  10. 10.🛒 Need or want: soap? (a) a want (b) a need
  11. 11.Which of these is a want? (a) soap (b) medicine when ill (c) a warm blanket (d) a glitter pen set
  12. 12.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) a sticker album (d) medicine when ill
  13. 13.🛒 Need or want: school shoes? (a) a need (b) a want
  14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a warm blanket (d) a video game
  15. 15.True or false: “sweets every day” is a want. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) soap (d) drinking water
  17. 17.🛒 Need or want: a bigger TV? (a) a want (b) a need
  18. 18.Which of these is a want? (a) drinking water (b) rice and dal (c) school shoes (d) a party dress
  19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
  20. 20.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) notebooks for school (d) a glitter pen set
  21. 21.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
  22. 22.🔍 Which is the odd one out? (a) school shoes (b) a toy robot (c) a party dress (d) a third pair of shoes
  23. 23.🛒 Need or want: rice and dal? (a) a want (b) a need
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
  25. 25.True or false: “rice and dal” is a want. (a) True (b) False
  26. 26.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) drinking water (d) sweets every day
  27. 27.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a fancy phone cover (d) a party dress
  28. 28.🔍 Which is the odd one out? (a) a roof over your head (b) a sticker album (c) medicine when ill (d) drinking water
  29. 29.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a glitter pen set (d) a roof over your head
  30. 30.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) sweets every day (d) a fancy phone cover
  31. 31.True or false: “soap” is a need. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) bus fare to school (b) a glitter pen set (c) sweets every day (d) a bigger TV
  33. 33.True or false: “medicine when ill” is a need. (a) True (b) False
  34. 34.🛒 Need or want: notebooks for school? (a) a want (b) a need
  35. 35.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  36. 36.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  37. 37.True or false: “designer sunglasses” is a need. (a) False (b) True
  38. 38.True or false: “a third pair of shoes” is a need. (a) False (b) True
  39. 39.🛒 Need or want: a toy robot? (a) a want (b) a need
  40. 40.True or false: “bus fare to school” is a need. (a) True (b) False

Answer key

  1. False
  2. False
  3. sweets every day
  4. a need
  5. True
  6. True
  7. a want
  8. a want
  9. rice and dal
  10. a need
  11. a glitter pen set
  12. medicine when ill
  13. a need
  14. a warm blanket
  15. True
  16. a fancy phone cover
  17. a want
  18. a party dress
  19. people always need them
  20. notebooks for school
  21. we must have to live
  22. school shoes
  23. a need
  24. hot drinks
  25. False
  26. sweets every day
  27. drinking water
  28. a sticker album
  29. a roof over your head
  30. bus fare to school
  31. True
  32. bus fare to school
  33. True
  34. a need
  35. the needs
  36. a want
  37. False
  38. False
  39. a want
  40. True

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