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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 495 · 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.

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

Answer key

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

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