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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 414 · 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 is the odd one out? (a) notebooks for school (b) a video game (c) drinking water (d) a school uniform
  2. 2.True or false: “sweets every day” is a want. (a) True (b) False
  3. 3.🛒 Need or want: notebooks for school? (a) a need (b) a want
  4. 4.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  5. 5.True or false: “a toy robot” is a need. (a) False (b) True
  6. 6.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a toy robot (d) a bigger TV
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
  8. 8.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) drinking water (d) sweets every day
  9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
  10. 10.🛒 Need or want: a toy robot? (a) a need (b) a want
  11. 11.True or false: “a fancy phone cover” is a need. (a) True (b) False
  12. 12.True or false: “a third pair of shoes” is a want. (a) False (b) True
  13. 13.True or false: “soap” is a need. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) a fancy phone cover (d) medicine when ill
  15. 15.True or false: “a sticker album” is a need. (a) False (b) True
  16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
  17. 17.🛒 Need or want: soap? (a) a need (b) a want
  18. 18.True or false: “a party dress” is a want. (a) True (b) False
  19. 19.🛒 Need or want: a bigger TV? (a) a need (b) a want
  20. 20.True or false: “bus fare to school” is a want. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) school shoes (d) a third pair of shoes
  22. 22.True or false: “a school uniform” is a want. (a) True (b) False
  23. 23.🛒 Need or want: a party dress? (a) a want (b) a need
  24. 24.Which of these is a want? (a) drinking water (b) school shoes (c) medicine when ill (d) a video game
  25. 25.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  26. 26.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  27. 27.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  28. 28.True or false: “designer sunglasses” is a want. (a) False (b) True
  29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
  30. 30.Which of these is a need? (a) a video game (b) sweets every day (c) a bigger TV (d) bus fare to school
  31. 31.Which of these is a need? (a) soap (b) a video game (c) a glitter pen set (d) designer sunglasses
  32. 32.Which of these is a want? (a) rice and dal (b) a school uniform (c) drinking water (d) a third pair of shoes
  33. 33.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) rice and dal (d) a third pair of shoes
  34. 34.Which of these is a need? (a) a video game (b) a sticker album (c) designer sunglasses (d) a roof over your head
  35. 35.Which of these is a want? (a) soap (b) a sticker album (c) a school uniform (d) a warm blanket
  36. 36.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a warm blanket (d) a party dress
  37. 37.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a sticker album (d) a warm blanket
  38. 38.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) medicine when ill (d) a glitter pen set
  39. 39.Which of these is a want? (a) rice and dal (b) notebooks for school (c) drinking water (d) sweets every day
  40. 40.True or false: “medicine when ill” is a need. (a) False (b) True

Answer key

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

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