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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 475 · 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.True or false: “bus fare to school” is a want. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a roof over your head (d) school shoes
  4. 4.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
  5. 5.Which of these is a want? (a) drinking water (b) rice and dal (c) sweets every day (d) medicine when ill
  6. 6.True or false: “medicine when ill” is a need. (a) True (b) False
  7. 7.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) school shoes (d) designer sunglasses
  8. 8.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  9. 9.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) a school uniform (d) school shoes
  10. 10.True or false: “designer sunglasses” is a want. (a) False (b) True
  11. 11.🛒 Need or want: notebooks for school? (a) a need (b) a want
  12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
  13. 13.True or false: “a toy robot” is a need. (a) True (b) False
  14. 14.Which of these is a need? (a) a party dress (b) sweets every day (c) school shoes (d) a third pair of shoes
  15. 15.🛒 Need or want: drinking water? (a) a want (b) a need
  16. 16.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
  17. 17.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) a roof over your head (d) medicine when ill
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  19. 19.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  20. 20.True or false: “school shoes” is a need. (a) True (b) False
  21. 21.🛒 Need or want: a school uniform? (a) a need (b) a want
  22. 22.🛒 Need or want: a party dress? (a) a want (b) a need
  23. 23.🔍 Which is the odd one out? (a) a video game (b) soap (c) a party dress (d) a third pair of shoes
  24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) drinking water (d) a toy robot
  25. 25.True or false: “a roof over your head” is a need. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) notebooks for school (d) a warm blanket
  27. 27.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) a warm blanket (d) bus fare to school
  28. 28.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) a school uniform (d) a toy robot
  29. 29.🛒 Need or want: a video game? (a) a need (b) a want
  30. 30.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a glitter pen set (d) drinking water
  31. 31.True or false: “designer sunglasses” is a need. (a) False (b) True
  32. 32.Which of these is a need? (a) rice and dal (b) a fancy phone cover (c) a party dress (d) a toy robot
  33. 33.🛒 Need or want: a bigger TV? (a) a want (b) a need
  34. 34.🛒 Need or want: a warm blanket? (a) a want (b) a need
  35. 35.🛒 Need or want: a toy robot? (a) a need (b) a want
  36. 36.True or false: “a roof over your head” is a want. (a) False (b) True
  37. 37.True or false: “drinking water” is a want. (a) False (b) True
  38. 38.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) designer sunglasses (d) a roof over your head
  39. 39.🛒 Need or want: a roof over your head? (a) a want (b) a need
  40. 40.Which of these is a need? (a) a toy robot (b) a party dress (c) designer sunglasses (d) a school uniform

Answer key

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

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