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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 483 · 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.🛒 Need or want: bus fare to school? (a) a want (b) a need
  2. 2.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) a party dress (d) a third pair of shoes
  3. 3.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) a third pair of shoes (d) a bigger TV
  4. 4.True or false: “a third pair of shoes” is a want. (a) False (b) True
  5. 5.🛒 Need or want: soap? (a) a need (b) a want
  6. 6.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
  7. 7.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  8. 8.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  9. 9.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
  11. 11.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) a party dress (d) a sticker album
  12. 12.True or false: “a video game” is a want. (a) True (b) False
  13. 13.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
  14. 14.Which of these is a need? (a) a bigger TV (b) a video game (c) a fancy phone cover (d) school shoes
  15. 15.True or false: “a toy robot” is a need. (a) False (b) True
  16. 16.🛒 Need or want: school shoes? (a) a need (b) a want
  17. 17.Which of these is a want? (a) a school uniform (b) a roof over your head (c) drinking water (d) a sticker album
  18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  19. 19.True or false: “a warm blanket” is a need. (a) True (b) False
  20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
  21. 21.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) a toy robot (d) a roof over your head
  22. 22.Which of these is a want? (a) a toy robot (b) rice and dal (c) medicine when ill (d) a warm blanket
  23. 23.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) a sticker album (d) a fancy phone cover
  24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
  25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) notebooks for school (d) a third pair of shoes
  26. 26.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a school uniform (d) a video game
  28. 28.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) bus fare to school (d) soap
  29. 29.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) rice and dal (d) drinking water
  30. 30.True or false: “a third pair of shoes” is a need. (a) False (b) True
  31. 31.True or false: “bus fare to school” is a need. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a party dress (d) medicine when ill
  33. 33.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  34. 34.True or false: “rice and dal” is a want. (a) True (b) False
  35. 35.True or false: “a toy robot” is a want. (a) False (b) True
  36. 36.True or false: “drinking water” is a need. (a) False (b) True
  37. 37.Which of these is a want? (a) medicine when ill (b) drinking water (c) a party dress (d) school shoes
  38. 38.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a sticker album (d) a party dress
  39. 39.True or false: “sweets every day” is a want. (a) False (b) True
  40. 40.True or false: “a glitter pen set” is a need. (a) False (b) True

Answer key

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

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