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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 411 · 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 party dress” is a want. (a) False (b) True
  2. 2.🛒 Need or want: a roof over your head? (a) a want (b) a need
  3. 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
  4. 4.Which of these is a want? (a) drinking water (b) a toy robot (c) school shoes (d) notebooks for school
  5. 5.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) rice and dal (d) a bigger TV
  6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
  7. 7.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  8. 8.🔍 Which is the odd one out? (a) a glitter pen set (b) rice and dal (c) school shoes (d) a school uniform
  9. 9.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a video game (d) medicine when ill
  10. 10.True or false: “medicine when ill” is a need. (a) True (b) False
  11. 11.True or false: “a glitter pen set” is a need. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) a party dress (c) school shoes (d) bus fare to school
  13. 13.🛒 Need or want: notebooks for school? (a) a want (b) a need
  14. 14.🛒 Need or want: a toy robot? (a) a need (b) a want
  15. 15.True or false: “a school uniform” is a need. (a) False (b) True
  16. 16.Which of these is a need? (a) school shoes (b) sweets every day (c) a toy robot (d) a third pair of shoes
  17. 17.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a roof over your head (d) bus fare to school
  18. 18.Which of these is a need? (a) sweets every day (b) a toy robot (c) a warm blanket (d) designer sunglasses
  19. 19.True or false: “a fancy phone cover” is a want. (a) False (b) True
  20. 20.🛒 Need or want: sweets every day? (a) a want (b) a need
  21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
  22. 22.Which of these is a want? (a) drinking water (b) a warm blanket (c) a roof over your head (d) a third pair of shoes
  23. 23.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) school shoes (d) soap
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  25. 25.Which of these is a need? (a) soap (b) designer sunglasses (c) a glitter pen set (d) a toy robot
  26. 26.🛒 Need or want: a warm blanket? (a) a need (b) a want
  27. 27.True or false: “rice and dal” is a want. (a) False (b) True
  28. 28.🛒 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
  29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
  30. 30.True or false: “school shoes” is a need. (a) True (b) False
  31. 31.True or false: “a warm blanket” is a need. (a) True (b) False
  32. 32.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a sticker album (d) drinking water
  33. 33.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a third pair of shoes (d) notebooks for school
  34. 34.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
  35. 35.True or false: “bus fare to school” is a want. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) a school uniform (d) a warm blanket
  37. 37.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
  38. 38.Which of these is a want? (a) bus fare to school (b) rice and dal (c) school shoes (d) a glitter pen set
  39. 39.🛒 Need or want: soap? (a) a want (b) a need
  40. 40.True or false: “school shoes” is a want. (a) True (b) False

Answer key

  1. True
  2. a need
  3. a need
  4. a toy robot
  5. a bigger TV
  6. a need
  7. a want
  8. a glitter pen set
  9. medicine when ill
  10. True
  11. False
  12. a party dress
  13. a need
  14. a want
  15. True
  16. school shoes
  17. a toy robot
  18. a warm blanket
  19. True
  20. a want
  21. a want
  22. a third pair of shoes
  23. a fancy phone cover
  24. hot drinks
  25. soap
  26. a need
  27. False
  28. the needs
  29. a need
  30. True
  31. True
  32. a sticker album
  33. notebooks for school
  34. many people want it
  35. False
  36. a video game
  37. people always need them
  38. a glitter pen set
  39. a need
  40. False

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