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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 427 · 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) True (b) False
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
  3. 3.True or false: “medicine when ill” is a need. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) a third pair of shoes (d) a warm blanket
  5. 5.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
  6. 6.Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) designer sunglasses (d) a bigger TV
  7. 7.🛒 Need or want: a sticker album? (a) a need (b) a want
  8. 8.Which of these is a want? (a) rice and dal (b) a glitter pen set (c) soap (d) drinking water
  9. 9.True or false: “a glitter pen set” is a need. (a) True (b) False
  10. 10.True or false: “school shoes” is a need. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a roof over your head (d) a video game
  12. 12.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a sticker album (d) a roof over your head
  13. 13.True or false: “soap” is a need. (a) True (b) False
  14. 14.True or false: “a school uniform” is a want. (a) False (b) True
  15. 15.🛒 Need or want: notebooks for school? (a) a want (b) a need
  16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
  17. 17.True or false: “a third pair of shoes” is a need. (a) True (b) False
  18. 18.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a toy robot
  19. 19.Which of these is a want? (a) drinking water (b) medicine when ill (c) school shoes (d) sweets every day
  20. 20.True or false: “bus fare to school” is a want. (a) True (b) False
  21. 21.🛒 Need or want: rice and dal? (a) a want (b) a need
  22. 22.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  23. 23.🛒 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
  24. 24.True or false: “notebooks for school” is a want. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) drinking water (d) school shoes
  26. 26.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  27. 27.True or false: “rice and dal” is a need. (a) False (b) True
  28. 28.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  29. 29.True or false: “a fancy phone cover” is a want. (a) True (b) False
  30. 30.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a warm blanket (d) designer sunglasses
  31. 31.True or false: “rice and dal” is a want. (a) True (b) False
  32. 32.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a warm blanket (d) a toy robot
  33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
  34. 34.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) notebooks for school (d) a fancy phone cover
  35. 35.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a third pair of shoes (d) drinking water
  36. 36.True or false: “sweets every day” is a want. (a) True (b) False
  37. 37.True or false: “designer sunglasses” is a need. (a) False (b) True
  38. 38.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
  39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) soap (d) a toy robot
  40. 40.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) bus fare to school (d) a fancy phone cover

Answer key

  1. True
  2. people always need them
  3. True
  4. a third pair of shoes
  5. we must have to live
  6. medicine when ill
  7. a want
  8. a glitter pen set
  9. False
  10. True
  11. a roof over your head
  12. a roof over your head
  13. True
  14. False
  15. a need
  16. a need
  17. False
  18. a school uniform
  19. sweets every day
  20. False
  21. a need
  22. a want
  23. the needs
  24. False
  25. a glitter pen set
  26. a want
  27. True
  28. a want
  29. True
  30. a warm blanket
  31. False
  32. a toy robot
  33. a want
  34. a fancy phone cover
  35. drinking water
  36. True
  37. False
  38. many people want it
  39. a toy robot
  40. bus fare to school

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