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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 446 · 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: “notebooks for school” is a want. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) soap (d) a party dress
  3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
  4. 4.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  5. 5.🛒 Need or want: drinking water? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) bus fare to school (d) a third pair of shoes
  7. 7.🛒 Need or want: school shoes? (a) a want (b) a need
  8. 8.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  9. 9.True or false: “a sticker album” is a need. (a) True (b) False
  10. 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
  11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  12. 12.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a third pair of shoes (d) bus fare to school
  13. 13.Which of these is a want? (a) a warm blanket (b) a third pair of shoes (c) soap (d) bus fare to school
  14. 14.🛒 Need or want: a toy robot? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) notebooks for school (d) school shoes
  16. 16.True or false: “drinking water” is a need. (a) False (b) True
  17. 17.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a third pair of shoes (d) designer sunglasses
  18. 18.True or false: “school shoes” is a need. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) notebooks for school (d) a sticker album
  20. 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
  21. 21.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
  22. 22.🛒 Need or want: sweets every day? (a) a want (b) a need
  23. 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  24. 24.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) sweets every day (d) notebooks for school
  25. 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a video game (d) rice and dal
  26. 26.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a video game (d) a bigger TV
  27. 27.True or false: “a glitter pen set” is a want. (a) True (b) False
  28. 28.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) soap (d) a roof over your head
  29. 29.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) soap (d) rice and dal
  30. 30.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
  31. 31.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  32. 32.True or false: “a school uniform” is a want. (a) False (b) True
  33. 33.🛒 Need or want: soap? (a) a need (b) a want
  34. 34.True or false: “a toy robot” is a need. (a) True (b) False
  35. 35.Which of these is a want? (a) drinking water (b) a warm blanket (c) sweets every day (d) a roof over your head
  36. 36.🛒 Need or want: a sticker album? (a) a need (b) a want
  37. 37.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) school shoes (d) designer sunglasses
  38. 38.True or false: “a third pair of shoes” is a want. (a) True (b) False
  39. 39.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) medicine when ill (d) a toy robot
  40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) bus fare to school (d) a school uniform

Answer key

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

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