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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 407 · 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 need. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a video game (d) soap
  3. 3.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) rice and dal (d) sweets every day
  4. 4.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) notebooks for school (d) drinking water
  6. 6.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  7. 7.True or false: “rice and dal” is a need. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) a party dress (d) designer sunglasses
  9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a glitter pen set (d) notebooks for school
  10. 10.True or false: “a sticker album” is a want. (a) False (b) True
  11. 11.True or false: “a bigger TV” is a want. (a) True (b) False
  12. 12.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
  13. 13.True or false: “a fancy phone cover” is a want. (a) True (b) False
  14. 14.Which of these is a want? (a) rice and dal (b) school shoes (c) a party dress (d) a roof over your head
  15. 15.Which of these is a want? (a) a video game (b) notebooks for school (c) medicine when ill (d) soap
  16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  17. 17.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
  18. 18.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
  19. 19.🛒 Need or want: soap? (a) a want (b) a need
  20. 20.🛒 Need or want: a school uniform? (a) a need (b) a want
  21. 21.🛍️ 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
  22. 22.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a sticker album (d) bus fare to school
  23. 23.True or false: “a sticker album” is a need. (a) False (b) True
  24. 24.True or false: “drinking water” is a need. (a) True (b) False
  25. 25.Which of these is a want? (a) a warm blanket (b) sweets every day (c) drinking water (d) notebooks for school
  26. 26.🛒 Need or want: a toy robot? (a) a want (b) a need
  27. 27.Which of these is a want? (a) bus fare to school (b) a toy robot (c) a warm blanket (d) school shoes
  28. 28.True or false: “sweets every day” is a want. (a) True (b) False
  29. 29.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a sticker album (d) a roof over your head
  30. 30.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) a roof over your head (d) bus fare to school
  31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
  32. 32.True or false: “soap” is a want. (a) True (b) False
  33. 33.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a toy robot (d) soap
  34. 34.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  35. 35.🛒 Need or want: a video game? (a) a need (b) a want
  36. 36.Which of these is a need? (a) a party dress (b) a warm blanket (c) a fancy phone cover (d) a toy robot
  37. 37.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) medicine when ill (d) a bigger TV
  38. 38.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) school shoes (d) bus fare to school
  39. 39.🔍 Which is the odd one out? (a) a roof over your head (b) sweets every day (c) drinking water (d) a warm blanket
  40. 40.True or false: “bus fare to school” is a want. (a) False (b) True

Answer key

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

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