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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 430 · 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 fancy phone cover” is a want. (a) False (b) True
  2. 2.🛒 Need or want: a toy robot? (a) a want (b) a need
  3. 3.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  4. 4.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a third pair of shoes (d) rice and dal
  5. 5.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a glitter pen set (d) school shoes
  6. 6.Which of these is a need? (a) a toy robot (b) bus fare to school (c) a party dress (d) designer sunglasses
  7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
  8. 8.🛒 Need or want: sweets every day? (a) a want (b) a need
  9. 9.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) bus fare to school (d) medicine when ill
  10. 10.🛒 Need or want: drinking water? (a) a need (b) a want
  11. 11.True or false: “soap” is a need. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) drinking water (d) a toy robot
  13. 13.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) soap (d) a toy robot
  14. 14.True or false: “a roof over your head” is a want. (a) False (b) True
  15. 15.Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) school shoes (d) a warm blanket
  16. 16.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) sweets every day (d) bus fare to school
  17. 17.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) bus fare to school (d) a sticker album
  18. 18.True or false: “a warm blanket” is a need. (a) False (b) True
  19. 19.True or false: “designer sunglasses” is a need. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) sweets every day (d) medicine when ill
  21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a fancy phone cover (d) rice and dal
  22. 22.True or false: “designer sunglasses” is a want. (a) False (b) True
  23. 23.🛒 Need or want: a roof over your head? (a) a need (b) a want
  24. 24.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
  25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a glitter pen set (c) drinking water (d) a roof over your head
  26. 26.Which of these is a want? (a) school shoes (b) notebooks for school (c) a roof over your head (d) a bigger TV
  27. 27.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  28. 28.True or false: “a fancy phone cover” is a need. (a) True (b) False
  29. 29.True or false: “sweets every day” is a want. (a) False (b) True
  30. 30.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  31. 31.🛒 Need or want: bus fare to school? (a) a need (b) a want
  32. 32.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) drinking water (d) a fancy phone cover
  33. 33.True or false: “a sticker album” is a want. (a) False (b) True
  34. 34.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a warm blanket (d) a glitter pen set
  35. 35.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) a toy robot (d) a sticker album
  36. 36.Which of these is a need? (a) a party dress (b) a video game (c) soap (d) a bigger TV
  37. 37.Which of these is a want? (a) drinking water (b) notebooks for school (c) bus fare to school (d) a fancy phone cover
  38. 38.True or false: “rice and dal” is a want. (a) True (b) False
  39. 39.Which of these is a want? (a) soap (b) notebooks for school (c) a glitter pen set (d) school shoes
  40. 40.🛒 Need or want: soap? (a) a want (b) a need

Answer key

  1. True
  2. a want
  3. hot drinks
  4. a third pair of shoes
  5. school shoes
  6. bus fare to school
  7. a need
  8. a want
  9. a bigger TV
  10. a need
  11. True
  12. drinking water
  13. a toy robot
  14. False
  15. designer sunglasses
  16. bus fare to school
  17. a sticker album
  18. True
  19. False
  20. sweets every day
  21. rice and dal
  22. True
  23. a need
  24. many people want it
  25. a glitter pen set
  26. a bigger TV
  27. a want
  28. False
  29. True
  30. people always need them
  31. a need
  32. drinking water
  33. True
  34. a warm blanket
  35. a warm blanket
  36. soap
  37. a fancy phone cover
  38. False
  39. a glitter pen set
  40. a need

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