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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 48 · 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 need? (a) a bigger TV (b) a sticker album (c) a third pair of shoes (d) rice and dal
  2. 2.🛒 Need or want: a roof over your head? (a) a want (b) a need
  3. 3.True or false: “a glitter pen set” is a need. (a) True (b) False
  4. 4.True or false: “drinking water” is a want. (a) False (b) True
  5. 5.Which of these is a want? (a) school shoes (b) a sticker album (c) a school uniform (d) a roof over your head
  6. 6.True or false: “school shoes” is a need. (a) True (b) False
  7. 7.True or false: “a school uniform” is a need. (a) False (b) True
  8. 8.🛒 Need or want: drinking water? (a) a need (b) a want
  9. 9.🛒 Need or want: rice and dal? (a) a need (b) a want
  10. 10.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  11. 11.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) a party dress (d) soap
  12. 12.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a video game (d) sweets every day
  13. 13.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  14. 14.🛒 Need or want: medicine when ill? (a) a want (b) a need
  15. 15.Which of these is a want? (a) a school uniform (b) notebooks for school (c) a warm blanket (d) designer sunglasses
  16. 16.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  17. 17.True or false: “medicine when ill” is a need. (a) True (b) False
  18. 18.True or false: “a roof over your head” is a want. (a) True (b) False
  19. 19.Which of these is a need? (a) notebooks for school (b) a video game (c) a glitter pen set (d) a sticker album
  20. 20.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  21. 21.🛒 Need or want: school shoes? (a) a want (b) a need
  22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a video game (d) soap
  23. 23.True or false: “a sticker album” is a need. (a) False (b) True
  24. 24.Which of these is a want? (a) school shoes (b) drinking water (c) bus fare to school (d) a third pair of shoes
  25. 25.True or false: “notebooks for school” is a need. (a) False (b) True
  26. 26.🛒 Need or want: a bigger TV? (a) a need (b) a want
  27. 27.True or false: “medicine when ill” is a want. (a) True (b) False
  28. 28.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
  29. 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a warm blanket (d) medicine when ill
  30. 30.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a school uniform (d) a sticker album
  31. 31.🛒 Need or want: a video game? (a) a want (b) a need
  32. 32.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a school uniform (d) a glitter pen set
  33. 33.🛒 Need or want: a school uniform? (a) a need (b) a want
  34. 34.Which of these is a need? (a) drinking water (b) designer sunglasses (c) a sticker album (d) a third pair of shoes
  35. 35.True or false: “a warm blanket” is a want. (a) False (b) True
  36. 36.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
  37. 37.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
  38. 38.True or false: “bus fare to school” is a want. (a) False (b) True
  39. 39.🛒 Need or want: a toy robot? (a) a want (b) a need
  40. 40.🛒 Need or want: a warm blanket? (a) a want (b) a need

Answer key

  1. rice and dal
  2. a need
  3. False
  4. False
  5. a sticker album
  6. True
  7. True
  8. a need
  9. a need
  10. a need: food
  11. a party dress
  12. bus fare to school
  13. a want
  14. a need
  15. designer sunglasses
  16. hot drinks
  17. True
  18. False
  19. notebooks for school
  20. umbrellas and raincoats
  21. a need
  22. a video game
  23. False
  24. a third pair of shoes
  25. True
  26. a want
  27. False
  28. many people want it
  29. a fancy phone cover
  30. a sticker album
  31. a want
  32. a school uniform
  33. a need
  34. drinking water
  35. False
  36. we must have to live
  37. the needs
  38. False
  39. a want
  40. a need

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