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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 417 · 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: “soap” is a want. (a) True (b) False
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
  3. 3.🛒 Need or want: sweets every day? (a) a want (b) a need
  4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a fancy phone cover (d) a warm blanket
  5. 5.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
  6. 6.Which of these is a need? (a) designer sunglasses (b) a video game (c) a glitter pen set (d) a warm blanket
  7. 7.True or false: “notebooks for school” is a need. (a) False (b) True
  8. 8.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
  9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) school shoes (d) a sticker album
  10. 10.True or false: “rice and dal” is a want. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a school uniform (d) rice and dal
  12. 12.Which of these is a want? (a) bus fare to school (b) a toy robot (c) a warm blanket (d) a roof over your head
  13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) drinking water (d) school shoes
  14. 14.True or false: “a glitter pen set” is a want. (a) False (b) True
  15. 15.Which of these is a want? (a) drinking water (b) school shoes (c) sweets every day (d) medicine when ill
  16. 16.True or false: “bus fare to school” is a need. (a) False (b) True
  17. 17.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) drinking water (d) a fancy phone cover
  18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a video game (d) a third pair of shoes
  19. 19.🛒 Need or want: a bigger TV? (a) a want (b) a need
  20. 20.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
  21. 21.🔍 Which is the odd one out? (a) school shoes (b) soap (c) a party dress (d) medicine when ill
  22. 22.True or false: “sweets every day” is a need. (a) True (b) False
  23. 23.🛒 Need or want: a video game? (a) a want (b) a need
  24. 24.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  25. 25.True or false: “a warm blanket” is a want. (a) True (b) False
  26. 26.True or false: “a school uniform” is a want. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a roof over your head (d) rice and dal
  28. 28.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) school shoes
  29. 29.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  30. 30.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) soap (d) a third pair of shoes
  31. 31.Which of these is a want? (a) school shoes (b) rice and dal (c) a third pair of shoes (d) drinking water
  32. 32.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a video game (d) a roof over your head
  33. 33.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  34. 34.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  35. 35.🛒 Need or want: medicine when ill? (a) a want (b) a need
  36. 36.🛒 Need or want: bus fare to school? (a) a want (b) a need
  37. 37.Which of these is a need? (a) a sticker album (b) a bigger TV (c) school shoes (d) sweets every day
  38. 38.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
  39. 39.True or false: “a sticker album” is a need. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) a toy robot (d) sweets every day

Answer key

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

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