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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 442 · 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 sticker album” is a need. (a) True (b) False
  2. 2.Which of these is a need? (a) a toy robot (b) a school uniform (c) a fancy phone cover (d) a third pair of shoes
  3. 3.True or false: “medicine when ill” is a need. (a) False (b) True
  4. 4.True or false: “notebooks for school” is a need. (a) True (b) False
  5. 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  6. 6.True or false: “sweets every day” is a need. (a) True (b) False
  7. 7.True or false: “a warm blanket” is a need. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a third pair of shoes (d) a school uniform
  9. 9.Which of these is a want? (a) a sticker album (b) soap (c) drinking water (d) bus fare to school
  10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) a glitter pen set (d) designer sunglasses
  11. 11.True or false: “medicine when ill” is a want. (a) False (b) True
  12. 12.True or false: “a third pair of shoes” is a need. (a) True (b) False
  13. 13.🛒 Need or want: bus fare to school? (a) a want (b) a need
  14. 14.True or false: “bus fare to school” is a need. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) soap
  16. 16.🛒 Need or want: notebooks for school? (a) a need (b) a want
  17. 17.True or false: “rice and dal” is a want. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) a warm blanket (d) rice and dal
  19. 19.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) a toy robot (d) a warm blanket
  20. 20.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) designer sunglasses (d) medicine when ill
  21. 21.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a sticker album (d) bus fare to school
  22. 22.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
  24. 24.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  25. 25.True or false: “a glitter pen set” is a want. (a) True (b) False
  26. 26.Which of these is a want? (a) bus fare to school (b) school shoes (c) a warm blanket (d) designer sunglasses
  27. 27.True or false: “a party dress” is a need. (a) True (b) False
  28. 28.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
  29. 29.True or false: “a party dress” is a want. (a) False (b) True
  30. 30.🛒 Need or want: a toy robot? (a) a want (b) a need
  31. 31.Which of these is a need? (a) a sticker album (b) sweets every day (c) a fancy phone cover (d) a roof over your head
  32. 32.🛒 Need or want: drinking water? (a) a need (b) a want
  33. 33.Which of these is a want? (a) sweets every day (b) a school uniform (c) bus fare to school (d) medicine when ill
  34. 34.Which of these is a need? (a) a third pair of shoes (b) a video game (c) rice and dal (d) a glitter pen set
  35. 35.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  36. 36.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) notebooks for school (d) a video game
  37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) a fancy phone cover (d) a glitter pen set
  39. 39.Which of these is a need? (a) a sticker album (b) drinking water (c) a video game (d) a fancy phone cover
  40. 40.🛒 Need or want: a school uniform? (a) a need (b) a want

Answer key

  1. False
  2. a school uniform
  3. True
  4. True
  5. a want
  6. False
  7. True
  8. a school uniform
  9. a sticker album
  10. notebooks for school
  11. False
  12. False
  13. a need
  14. True
  15. a glitter pen set
  16. a need
  17. False
  18. sweets every day
  19. a warm blanket
  20. medicine when ill
  21. bus fare to school
  22. hot drinks
  23. False
  24. umbrellas and raincoats
  25. True
  26. designer sunglasses
  27. False
  28. many people want it
  29. True
  30. a want
  31. a roof over your head
  32. a need
  33. sweets every day
  34. rice and dal
  35. the needs
  36. notebooks for school
  37. a need
  38. a roof over your head
  39. drinking water
  40. a need

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