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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 5 · 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 want? (a) medicine when ill (b) a third pair of shoes (c) a warm blanket (d) drinking water
  2. 2.🛒 Need or want: a bigger TV? (a) a need (b) a want
  3. 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  4. 4.True or false: “rice and dal” is a need. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a sticker album (d) medicine when ill
  6. 6.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) medicine when ill (d) rice and dal
  7. 7.🛍️ 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
  8. 8.Which of these is a need? (a) rice and dal (b) a sticker album (c) a video game (d) a fancy phone cover
  9. 9.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a party dress (d) a warm blanket
  10. 10.🛒 Need or want: school shoes? (a) a want (b) a need
  11. 11.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) a third pair of shoes (d) a sticker album
  12. 12.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) a sticker album (d) notebooks for school
  14. 14.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  15. 15.True or false: “bus fare to school” is a want. (a) False (b) True
  16. 16.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  17. 17.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) drinking water (d) a third pair of shoes
  18. 18.Which of these is a want? (a) school shoes (b) rice and dal (c) a party dress (d) bus fare to school
  19. 19.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a sticker album (d) a fancy phone cover
  20. 20.True or false: “a third pair of shoes” is a want. (a) False (b) True
  21. 21.🛒 Need or want: soap? (a) a want (b) a need
  22. 22.Which of these is a need? (a) soap (b) designer sunglasses (c) a sticker album (d) a glitter pen set
  23. 23.True or false: “rice and dal” is a want. (a) False (b) True
  24. 24.True or false: “a party dress” is a want. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) soap (d) a fancy phone cover
  26. 26.🛒 Need or want: a party dress? (a) a need (b) a want
  27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) a glitter pen set (d) a fancy phone cover
  28. 28.Which of these is a need? (a) sweets every day (b) a school uniform (c) a fancy phone cover (d) a bigger TV
  29. 29.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a glitter pen set (d) a party dress
  30. 30.Which of these is a need? (a) medicine when ill (b) a party dress (c) a video game (d) a fancy phone cover
  31. 31.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) notebooks for school (d) a video game
  32. 32.True or false: “school shoes” is a want. (a) False (b) True
  33. 33.🛒 Need or want: notebooks for school? (a) a want (b) a need
  34. 34.True or false: “soap” is a need. (a) True (b) False
  35. 35.🛒 Need or want: a roof over your head? (a) a need (b) a want
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.True or false: “a warm blanket” is a need. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a warm blanket (d) designer sunglasses
  39. 39.True or false: “medicine when ill” is a want. (a) False (b) True
  40. 40.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies

Answer key

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

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