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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 420 · 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 want. (a) False (b) True
  2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  3. 3.🛒 Need or want: a video game? (a) a want (b) a need
  4. 4.Which of these is a need? (a) a toy robot (b) soap (c) a third pair of shoes (d) a sticker album
  5. 5.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) a party dress (d) a fancy phone cover
  6. 6.🛒 Need or want: notebooks for school? (a) a want (b) a need
  7. 7.🛒 Need or want: sweets every day? (a) a need (b) a want
  8. 8.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) school shoes (d) a school uniform
  9. 9.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  10. 10.True or false: “a sticker album” is a want. (a) False (b) True
  11. 11.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
  12. 12.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  13. 13.True or false: “a roof over your head” is a want. (a) False (b) True
  14. 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
  15. 15.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  16. 16.True or false: “a school uniform” is a want. (a) False (b) True
  17. 17.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) medicine when ill (d) a roof over your head
  18. 18.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) a video game (d) designer sunglasses
  19. 19.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
  20. 20.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) notebooks for school (d) a third pair of shoes
  21. 21.🛒 Need or want: rice and dal? (a) a want (b) a need
  22. 22.True or false: “a video game” is a want. (a) True (b) False
  23. 23.True or false: “a toy robot” is a want. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) rice and dal (d) a third pair of shoes
  25. 25.Which of these is a want? (a) sweets every day (b) soap (c) notebooks for school (d) bus fare to school
  26. 26.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a toy robot (d) a school uniform
  27. 27.True or false: “a video game” is a need. (a) False (b) True
  28. 28.Which of these is a want? (a) a bigger TV (b) a warm blanket (c) medicine when ill (d) school shoes
  29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
  30. 30.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a glitter pen set (d) medicine when ill
  31. 31.True or false: “a warm blanket” is a want. (a) True (b) False
  32. 32.Which of these is a need? (a) a video game (b) sweets every day (c) a bigger TV (d) bus fare to school
  33. 33.True or false: “a party dress” is a want. (a) False (b) True
  34. 34.🛒 Need or want: a toy robot? (a) a want (b) a need
  35. 35.🛒 Need or want: medicine when ill? (a) a need (b) a want
  36. 36.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) notebooks for school (d) designer sunglasses
  37. 37.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
  38. 38.🛒 Need or want: school shoes? (a) a want (b) a need
  39. 39.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  40. 40.True or false: “rice and dal” is a want. (a) True (b) False

Answer key

  1. True
  2. a want
  3. a want
  4. soap
  5. soap
  6. a need
  7. a want
  8. a glitter pen set
  9. we must have to live
  10. True
  11. many people want it
  12. hot drinks
  13. False
  14. a need
  15. a want
  16. False
  17. designer sunglasses
  18. school shoes
  19. the needs
  20. notebooks for school
  21. a need
  22. True
  23. True
  24. a third pair of shoes
  25. sweets every day
  26. a toy robot
  27. False
  28. a bigger TV
  29. people always need them
  30. medicine when ill
  31. False
  32. bus fare to school
  33. True
  34. a want
  35. a need
  36. notebooks for school
  37. a need: food
  38. a need
  39. umbrellas and raincoats
  40. False

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