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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 394 · 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: “designer sunglasses” is a want. (a) True (b) False
  2. 2.True or false: “drinking water” is a want. (a) False (b) True
  3. 3.🛒 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
  4. 4.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  5. 5.True or false: “a roof over your head” is a want. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) medicine when ill (b) a party dress (c) bus fare to school (d) soap
  7. 7.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
  8. 8.Which of these is a want? (a) a roof over your head (b) school shoes (c) a video game (d) bus fare to school
  9. 9.🛒 Need or want: a warm blanket? (a) a need (b) a want
  10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
  11. 11.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
  12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
  13. 13.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) designer sunglasses (d) school shoes
  14. 14.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a fancy phone cover (d) bus fare to school
  15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a glitter pen set (d) a school uniform
  16. 16.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a sticker album (d) a toy robot
  17. 17.Which of these is a want? (a) medicine when ill (b) drinking water (c) a warm blanket (d) designer sunglasses
  18. 18.Which of these is a need? (a) a party dress (b) drinking water (c) a sticker album (d) a video game
  19. 19.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a roof over your head (d) designer sunglasses
  20. 20.True or false: “a bigger TV” is a need. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) drinking water (d) a sticker album
  22. 22.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  23. 23.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) notebooks for school (d) a video game
  24. 24.True or false: “notebooks for school” is a want. (a) False (b) True
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
  26. 26.🛒 Need or want: a party dress? (a) a need (b) a want
  27. 27.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) bus fare to school (d) a toy robot
  28. 28.Which of these is a want? (a) medicine when ill (b) school shoes (c) a roof over your head (d) a sticker album
  29. 29.True or false: “a party dress” is a want. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a roof over your head (d) a video game
  31. 31.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  32. 32.🛒 Need or want: notebooks for school? (a) a need (b) a want
  33. 33.🛒 Need or want: a video game? (a) a want (b) a need
  34. 34.Which of these is a need? (a) rice and dal (b) a third pair of shoes (c) a party dress (d) a video game
  35. 35.True or false: “school shoes” is a need. (a) False (b) True
  36. 36.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) drinking water (d) medicine when ill
  37. 37.True or false: “a third pair of shoes” is a need. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a school uniform (b) a third pair of shoes (c) a fancy phone cover (d) a video game
  39. 39.True or false: “a toy robot” is a need. (a) False (b) True
  40. 40.🛒 Need or want: drinking water? (a) a need (b) a want

Answer key

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

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