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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 441 · 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 want? (a) school shoes (b) soap (c) a third pair of shoes (d) bus fare to school
  2. 2.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a toy robot (d) drinking water
  3. 3.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) a warm blanket (d) a school uniform
  4. 4.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  5. 5.True or false: “designer sunglasses” is a need. (a) False (b) True
  6. 6.True or false: “a fancy phone cover” is a need. (a) False (b) True
  7. 7.Which of these is a want? (a) drinking water (b) a glitter pen set (c) a school uniform (d) medicine when ill
  8. 8.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a sticker album (d) a roof over your head
  9. 9.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) bus fare to school (d) a fancy phone cover
  10. 10.True or false: “sweets every day” is a need. (a) False (b) True
  11. 11.🛒 Need or want: a warm blanket? (a) a want (b) a need
  12. 12.True or false: “a glitter pen set” is a need. (a) False (b) True
  13. 13.True or false: “rice and dal” is a want. (a) False (b) True
  14. 14.🛒 Need or want: soap? (a) a want (b) a need
  15. 15.🛒 Need or want: a party dress? (a) a want (b) a need
  16. 16.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  17. 17.Which of these is a want? (a) school shoes (b) a warm blanket (c) rice and dal (d) a sticker album
  18. 18.True or false: “notebooks for school” is a want. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a video game (d) drinking water
  20. 20.🛒 Need or want: rice and dal? (a) a need (b) a want
  21. 21.True or false: “a roof over your head” is a want. (a) True (b) False
  22. 22.True or false: “a school uniform” is a want. (a) False (b) True
  23. 23.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  24. 24.🛒 Need or want: a roof over your head? (a) a want (b) a need
  25. 25.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a sticker album (d) a school uniform
  26. 26.🛒 Need or want: a school uniform? (a) a want (b) a need
  27. 27.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
  28. 28.True or false: “drinking water” is a need. (a) True (b) False
  29. 29.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  30. 30.True or false: “a fancy phone cover” is a want. (a) True (b) False
  31. 31.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) notebooks for school (d) rice and dal
  32. 32.True or false: “a school uniform” is a need. (a) False (b) True
  33. 33.True or false: “notebooks for school” is a need. (a) False (b) True
  34. 34.True or false: “drinking water” is a want. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) designer sunglasses (d) drinking water
  36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
  37. 37.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  38. 38.True or false: “a bigger TV” is a need. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) designer sunglasses (d) a toy robot
  40. 40.🛒 Need or want: drinking water? (a) a want (b) a need

Answer key

  1. a third pair of shoes
  2. drinking water
  3. a bigger TV
  4. umbrellas and raincoats
  5. False
  6. False
  7. a glitter pen set
  8. a roof over your head
  9. bus fare to school
  10. False
  11. a need
  12. False
  13. False
  14. a need
  15. a want
  16. the needs
  17. a sticker album
  18. False
  19. a video game
  20. a need
  21. False
  22. False
  23. people always need them
  24. a need
  25. a sticker album
  26. a need
  27. we must have to live
  28. True
  29. a want
  30. True
  31. a toy robot
  32. True
  33. True
  34. False
  35. designer sunglasses
  36. True
  37. a need: food
  38. False
  39. rice and dal
  40. a need

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