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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 502 · 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) bus fare to school (b) a toy robot (c) designer sunglasses (d) a video game
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  3. 3.🛒 Need or want: a roof over your head? (a) a want (b) a need
  4. 4.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) a glitter pen set (d) school shoes
  5. 5.Which of these is a need? (a) a roof over your head (b) sweets every day (c) a bigger TV (d) designer sunglasses
  6. 6.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a glitter pen set (d) a fancy phone cover
  7. 7.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  8. 8.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  9. 9.🛒 Need or want: bus fare to school? (a) a need (b) a want
  10. 10.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  11. 11.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
  12. 12.Which of these is a need? (a) a glitter pen set (b) a party dress (c) school shoes (d) designer sunglasses
  13. 13.🛒 Need or want: a warm blanket? (a) a need (b) a want
  14. 14.True or false: “soap” is a want. (a) False (b) True
  15. 15.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  16. 16.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  17. 17.🛒 Need or want: drinking water? (a) a want (b) a need
  18. 18.Which of these is a want? (a) a roof over your head (b) soap (c) a glitter pen set (d) drinking water
  19. 19.True or false: “a party dress” is a need. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) notebooks for school (b) a toy robot (c) soap (d) drinking water
  21. 21.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) medicine when ill (d) bus fare to school
  22. 22.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  23. 23.🛒 Need or want: school shoes? (a) a need (b) a want
  24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
  25. 25.True or false: “rice and dal” is a want. (a) True (b) False
  26. 26.🛒 Need or want: a video game? (a) a need (b) a want
  27. 27.Which of these is a need? (a) a bigger TV (b) a school uniform (c) a video game (d) a third pair of shoes
  28. 28.🔍 Which is the odd one out? (a) a school uniform (b) a fancy phone cover (c) a roof over your head (d) school shoes
  29. 29.🔍 Which is the odd one out? (a) a video game (b) soap (c) a fancy phone cover (d) sweets every day
  30. 30.🛒 Need or want: a party dress? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) drinking water (d) medicine when ill
  32. 32.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a video game (d) a party dress
  33. 33.Which of these is a need? (a) sweets every day (b) a party dress (c) drinking water (d) a third pair of shoes
  34. 34.🛒 Need or want: rice and dal? (a) a want (b) a need
  35. 35.🛒 Need or want: a toy robot? (a) a want (b) a need
  36. 36.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  37. 37.True or false: “drinking water” is a want. (a) True (b) False
  38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
  39. 39.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) rice and dal (d) a sticker album
  40. 40.Which of these is a want? (a) soap (b) a roof over your head (c) a third pair of shoes (d) a school uniform

Answer key

  1. bus fare to school
  2. hot drinks
  3. a need
  4. school shoes
  5. a roof over your head
  6. a warm blanket
  7. umbrellas and raincoats
  8. a want
  9. a need
  10. we must have to live
  11. a need: food
  12. school shoes
  13. a need
  14. False
  15. the needs
  16. a want
  17. a need
  18. a glitter pen set
  19. False
  20. a toy robot
  21. a video game
  22. a want
  23. a need
  24. a need
  25. False
  26. a want
  27. a school uniform
  28. a fancy phone cover
  29. soap
  30. a want
  31. a bigger TV
  32. a roof over your head
  33. drinking water
  34. a need
  35. a want
  36. many people want it
  37. False
  38. people always need them
  39. a sticker album
  40. a third pair of shoes

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