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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 504 · 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: a school uniform? (a) a want (b) a need
  2. 2.True or false: “a toy robot” is a need. (a) True (b) False
  3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
  4. 4.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  5. 5.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a bigger TV (d) a warm blanket
  6. 6.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
  7. 7.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a roof over your head (d) a sticker album
  8. 8.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a warm blanket (d) designer sunglasses
  9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  10. 10.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
  11. 11.Which of these is a want? (a) soap (b) drinking water (c) a glitter pen set (d) a roof over your head
  12. 12.Which of these is a need? (a) a bigger TV (b) notebooks for school (c) designer sunglasses (d) a party dress
  13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
  14. 14.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  15. 15.🛒 Need or want: a sticker album? (a) a need (b) a want
  16. 16.True or false: “notebooks for school” is a want. (a) False (b) True
  17. 17.🛒 Need or want: school shoes? (a) a need (b) a want
  18. 18.🛍️ 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
  19. 19.Which of these is a want? (a) rice and dal (b) soap (c) a sticker album (d) a warm blanket
  20. 20.🛒 Need or want: a warm blanket? (a) a want (b) a need
  21. 21.True or false: “sweets every day” is a want. (a) False (b) True
  22. 22.True or false: “a warm blanket” is a need. (a) False (b) True
  23. 23.🛒 Need or want: soap? (a) a want (b) a need
  24. 24.Which of these is a want? (a) designer sunglasses (b) drinking water (c) school shoes (d) soap
  25. 25.True or false: “notebooks for school” is a need. (a) True (b) False
  26. 26.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  27. 27.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  28. 28.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a warm blanket (d) sweets every day
  29. 29.True or false: “school shoes” is a want. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a fancy phone cover (d) school shoes
  31. 31.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) rice and dal (d) soap
  32. 32.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
  34. 34.True or false: “soap” is a want. (a) True (b) False
  35. 35.🛒 Need or want: a bigger TV? (a) a need (b) a want
  36. 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a school uniform (d) a party dress
  37. 37.🛒 Need or want: notebooks for school? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) notebooks for school (d) a glitter pen set
  39. 39.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) bus fare to school (d) a fancy phone cover
  40. 40.Which of these is a want? (a) a warm blanket (b) drinking water (c) a bigger TV (d) a roof over your head

Answer key

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

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