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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 439 · 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.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a video game (d) bus fare to school
  2. 2.🛒 Need or want: school shoes? (a) a want (b) a need
  3. 3.True or false: “a video game” is a want. (a) True (b) False
  4. 4.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) medicine when ill (d) school shoes
  5. 5.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) a school uniform (d) a sticker album
  6. 6.True or false: “rice and dal” is a need. (a) True (b) False
  7. 7.True or false: “a party dress” is a need. (a) True (b) False
  8. 8.🛒 Need or want: a party dress? (a) a want (b) a need
  9. 9.True or false: “a fancy phone cover” is a want. (a) True (b) False
  10. 10.True or false: “bus fare to school” is a want. (a) False (b) True
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
  12. 12.🛒 Need or want: a sticker album? (a) a want (b) a need
  13. 13.Which of these is a need? (a) a roof over your head (b) a party dress (c) a third pair of shoes (d) designer sunglasses
  14. 14.Which of these is a want? (a) a roof over your head (b) soap (c) a bigger TV (d) rice and dal
  15. 15.Which of these is a need? (a) notebooks for school (b) a glitter pen set (c) a video game (d) designer sunglasses
  16. 16.🛒 Need or want: soap? (a) a need (b) a want
  17. 17.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) a warm blanket (d) soap
  18. 18.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
  19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a glitter pen set (d) school shoes
  20. 20.🛍️ 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
  21. 21.True or false: “bus fare to school” is a need. (a) False (b) True
  22. 22.🛒 Need or want: a roof over your head? (a) a need (b) a want
  23. 23.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) bus fare to school (d) a roof over your head
  24. 24.Which of these is a want? (a) a fancy phone cover (b) medicine when ill (c) school shoes (d) bus fare to school
  25. 25.🛒 Need or want: medicine when ill? (a) a need (b) a want
  26. 26.True or false: “notebooks for school” is a need. (a) False (b) True
  27. 27.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  28. 28.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) designer sunglasses (d) drinking water
  29. 29.🛒 Need or want: drinking water? (a) a want (b) a need
  30. 30.True or false: “sweets every day” is a need. (a) True (b) False
  31. 31.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  32. 32.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
  33. 33.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a warm blanket (d) a bigger TV
  34. 34.True or false: “a warm blanket” is a want. (a) True (b) False
  35. 35.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  36. 36.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) a video game (d) a party dress
  37. 37.🛒 Need or want: bus fare to school? (a) a need (b) a want
  38. 38.Which of these is a want? (a) sweets every day (b) bus fare to school (c) rice and dal (d) a roof over your head
  39. 39.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) notebooks for school (d) a party dress
  40. 40.True or false: “drinking water” is a want. (a) True (b) False

Answer key

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

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