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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 409 · 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: “a glitter pen set” is a need. (a) True (b) False
  2. 2.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) rice and dal (d) a bigger TV
  3. 3.True or false: “a toy robot” is a need. (a) False (b) True
  4. 4.True or false: “sweets every day” is a need. (a) False (b) True
  5. 5.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  6. 6.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  7. 7.🛒 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
  8. 8.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
  9. 9.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  10. 10.True or false: “drinking water” is a want. (a) False (b) True
  11. 11.Which of these is a want? (a) school shoes (b) soap (c) a video game (d) a school uniform
  12. 12.🛒 Need or want: a sticker album? (a) a want (b) a need
  13. 13.Which of these is a need? (a) a bigger TV (b) a party dress (c) designer sunglasses (d) a school uniform
  14. 14.True or false: “school shoes” is a want. (a) False (b) True
  15. 15.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) notebooks for school (d) a fancy phone cover
  16. 16.True or false: “a glitter pen set” is a want. (a) False (b) True
  17. 17.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  18. 18.True or false: “rice and dal” is a want. (a) True (b) False
  19. 19.True or false: “a third pair of shoes” is a need. (a) False (b) True
  20. 20.🛒 Need or want: medicine when ill? (a) a want (b) a need
  21. 21.True or false: “bus fare to school” is a want. (a) False (b) True
  22. 22.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a sticker album (d) a roof over your head
  23. 23.🛒 Need or want: rice and dal? (a) a want (b) a need
  24. 24.True or false: “drinking water” is a need. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) medicine when ill (d) drinking water
  26. 26.Which of these is a want? (a) soap (b) a sticker album (c) a warm blanket (d) drinking water
  27. 27.🔍 Which is the odd one out? (a) a sticker album (b) notebooks for school (c) a school uniform (d) school shoes
  28. 28.Which of these is a need? (a) designer sunglasses (b) a warm blanket (c) a glitter pen set (d) a third pair of shoes
  29. 29.Which of these is a need? (a) a toy robot (b) school shoes (c) a bigger TV (d) sweets every day
  30. 30.🛒 Need or want: a roof over your head? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) designer sunglasses (d) a video game
  32. 32.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) drinking water (d) a warm blanket
  34. 34.True or false: “medicine when ill” is a need. (a) True (b) False
  35. 35.🛒 Need or want: soap? (a) a want (b) a need
  36. 36.Which of these is a want? (a) a glitter pen set (b) a school uniform (c) notebooks for school (d) rice and dal
  37. 37.🔍 Which is the odd one out? (a) sweets every day (b) school shoes (c) a glitter pen set (d) a video game
  38. 38.🛒 Need or want: drinking water? (a) a need (b) a want
  39. 39.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  40. 40.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites

Answer key

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

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