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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 467 · 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) True (b) False
  2. 2.True or false: “drinking water” is a want. (a) False (b) True
  3. 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
  4. 4.Which of these is a want? (a) soap (b) a video game (c) a school uniform (d) a roof over your head
  5. 5.🎯 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
  6. 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  7. 7.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  8. 8.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a sticker album (d) designer sunglasses
  9. 9.True or false: “a toy robot” is a need. (a) False (b) True
  10. 10.🛒 Need or want: a roof over your head? (a) a want (b) a need
  11. 11.True or false: “a bigger TV” is a need. (a) False (b) True
  12. 12.🛒 Need or want: notebooks for school? (a) a want (b) a need
  13. 13.True or false: “medicine when ill” is a need. (a) False (b) True
  14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) soap (d) a warm blanket
  16. 16.🛒 Need or want: a toy robot? (a) a need (b) a want
  17. 17.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
  19. 19.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) sweets every day (d) soap
  20. 20.🛒 Need or want: sweets every day? (a) a want (b) a need
  21. 21.Which of these is a need? (a) a toy robot (b) a party dress (c) a sticker album (d) a roof over your head
  22. 22.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) a warm blanket (d) a toy robot
  23. 23.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a warm blanket (d) a sticker album
  24. 24.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) a video game (d) notebooks for school
  25. 25.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  26. 26.Which of these is a need? (a) designer sunglasses (b) rice and dal (c) a party dress (d) a fancy phone cover
  27. 27.True or false: “bus fare to school” is a need. (a) True (b) False
  28. 28.Which of these is a need? (a) a fancy phone cover (b) soap (c) a glitter pen set (d) designer sunglasses
  29. 29.True or false: “a roof over your head” is a want. (a) True (b) False
  30. 30.Which of these is a want? (a) a bigger TV (b) soap (c) medicine when ill (d) a roof over your head
  31. 31.🛒 Need or want: a school uniform? (a) a need (b) a want
  32. 32.🛒 Need or want: a party dress? (a) a want (b) a need
  33. 33.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a warm blanket (d) a fancy phone cover
  34. 34.True or false: “drinking water” is a need. (a) True (b) False
  35. 35.Which of these is a want? (a) notebooks for school (b) sweets every day (c) school shoes (d) a warm blanket
  36. 36.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a fancy phone cover (d) sweets every day
  37. 37.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) sweets every day (d) a toy robot
  38. 38.Which of these is a want? (a) school shoes (b) a roof over your head (c) designer sunglasses (d) a warm blanket
  39. 39.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
  40. 40.🛍️ 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

Answer key

  1. False
  2. False
  3. a need
  4. a video game
  5. many people want it
  6. a need: food
  7. the needs
  8. a warm blanket
  9. False
  10. a need
  11. False
  12. a need
  13. True
  14. a need
  15. a third pair of shoes
  16. a want
  17. a want
  18. umbrellas and raincoats
  19. sweets every day
  20. a want
  21. a roof over your head
  22. a toy robot
  23. a sticker album
  24. notebooks for school
  25. we must have to live
  26. rice and dal
  27. True
  28. soap
  29. False
  30. a bigger TV
  31. a need
  32. a want
  33. a fancy phone cover
  34. True
  35. sweets every day
  36. drinking water
  37. medicine when ill
  38. designer sunglasses
  39. hot drinks
  40. people always need them

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