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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 410 · 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 of these is a want? (a) notebooks for school (b) rice and dal (c) a sticker album (d) school shoes
  3. 3.True or false: “a roof over your head” is a want. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) rice and dal (d) a toy robot
  5. 5.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  6. 6.Which of these is a want? (a) school shoes (b) notebooks for school (c) designer sunglasses (d) a school uniform
  7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a glitter pen set (d) drinking water
  8. 8.True or false: “bus fare to school” is a want. (a) True (b) False
  9. 9.🛒 Need or want: drinking water? (a) a need (b) a want
  10. 10.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) drinking water (d) a party dress
  11. 11.True or false: “a third pair of shoes” is a need. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a bigger TV (d) a fancy phone cover
  13. 13.🛒 Need or want: a roof over your head? (a) a want (b) a need
  14. 14.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) a roof over your head (d) bus fare to school
  15. 15.True or false: “a glitter pen set” is a want. (a) True (b) False
  16. 16.True or false: “rice and dal” is a want. (a) False (b) True
  17. 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  18. 18.True or false: “a school uniform” is a need. (a) False (b) True
  19. 19.🛒 Need or want: a video game? (a) a need (b) a want
  20. 20.Which of these is a need? (a) medicine when ill (b) a party dress (c) sweets every day (d) a glitter pen set
  21. 21.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  22. 22.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) sweets every day (d) notebooks for school
  23. 23.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a roof over your head (d) a third pair of shoes
  24. 24.True or false: “a toy robot” is a need. (a) False (b) True
  25. 25.Which of these is a want? (a) school shoes (b) medicine when ill (c) bus fare to school (d) a toy robot
  26. 26.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
  27. 27.Which of these is a want? (a) bus fare to school (b) drinking water (c) a warm blanket (d) a bigger TV
  28. 28.True or false: “a warm blanket” is a want. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a school uniform (b) a party dress (c) a toy robot (d) a sticker album
  30. 30.🛒 Need or want: rice and dal? (a) a want (b) a need
  31. 31.Which of these is a need? (a) a party dress (b) a toy robot (c) a third pair of shoes (d) a warm blanket
  32. 32.True or false: “a sticker album” is a need. (a) True (b) False
  33. 33.Which of these is a want? (a) a fancy phone cover (b) soap (c) a warm blanket (d) a roof over your head
  34. 34.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  35. 35.🛒 Need or want: medicine when ill? (a) a need (b) a want
  36. 36.🛒 Need or want: soap? (a) a need (b) a want
  37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  38. 38.Which of these is a need? (a) designer sunglasses (b) rice and dal (c) a bigger TV (d) a sticker album
  39. 39.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) a third pair of shoes (d) a toy robot
  40. 40.True or false: “a roof over your head” is a need. (a) True (b) False

Answer key

  1. False
  2. a sticker album
  3. False
  4. rice and dal
  5. the needs
  6. designer sunglasses
  7. a glitter pen set
  8. False
  9. a need
  10. a party dress
  11. False
  12. bus fare to school
  13. a need
  14. a video game
  15. True
  16. False
  17. a want
  18. True
  19. a want
  20. medicine when ill
  21. a need: food
  22. notebooks for school
  23. a third pair of shoes
  24. False
  25. a toy robot
  26. we must have to live
  27. a bigger TV
  28. False
  29. a school uniform
  30. a need
  31. a warm blanket
  32. False
  33. a fancy phone cover
  34. people always need them
  35. a need
  36. a need
  37. a want
  38. rice and dal
  39. school shoes
  40. True

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