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Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

  1. school shoes
  2. designer sunglasses
  3. a sticker album
  4. a school uniform
  5. rice and dal
  6. the needs
  7. many people want it
  8. False
  9. a video game
  10. hot drinks
  11. a warm blanket
  12. we must have to live
  13. False
  14. False
  15. a toy robot
  16. a want
  17. True
  18. False
  19. a video game
  20. a need: food
  21. bus fare to school
  22. a toy robot
  23. a need
  24. a need
  25. a roof over your head
  26. True
  27. soap
  28. a need
  29. people always need them
  30. a need
  31. False
  32. a need
  33. drinking water
  34. drinking water
  35. True
  36. a want
  37. designer sunglasses
  38. a bigger TV
  39. False
  40. school shoes

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