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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 520 · 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 need? (a) a bigger TV (b) a video game (c) rice and dal (d) a glitter pen set
  2. 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
  3. 3.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
  4. 4.True or false: “a school uniform” is a need. (a) False (b) True
  5. 5.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a warm blanket (d) a party dress
  6. 6.True or false: “medicine when ill” is a need. (a) False (b) True
  7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
  8. 8.True or false: “a sticker album” is a need. (a) True (b) False
  9. 9.Which of these is a want? (a) a toy robot (b) notebooks for school (c) medicine when ill (d) school shoes
  10. 10.Which of these is a want? (a) a party dress (b) bus fare to school (c) school shoes (d) drinking water
  11. 11.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a third pair of shoes (d) a fancy phone cover
  12. 12.🛒 Need or want: sweets every day? (a) a want (b) a need
  13. 13.🛒 Need or want: a warm blanket? (a) a want (b) a need
  14. 14.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
  15. 15.🛒 Need or want: school shoes? (a) a want (b) a need
  16. 16.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) bus fare to school (d) notebooks for school
  17. 17.🛒 Need or want: notebooks for school? (a) a want (b) a need
  18. 18.🛒 Need or want: a video game? (a) a need (b) a want
  19. 19.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a party dress (d) rice and dal
  20. 20.🛍️ 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
  21. 21.True or false: “a roof over your head” is a want. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) a sticker album (c) a school uniform (d) rice and dal
  23. 23.True or false: “school shoes” is a want. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a warm blanket (d) soap
  25. 25.🛒 Need or want: a bigger TV? (a) a need (b) a want
  26. 26.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) designer sunglasses (d) a party dress
  27. 27.True or false: “a school uniform” is a want. (a) True (b) False
  28. 28.True or false: “soap” is a want. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) school shoes
  30. 30.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  31. 31.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a roof over your head (d) a third pair of shoes
  32. 32.🛒 Need or want: drinking water? (a) a want (b) a need
  33. 33.Which of these is a want? (a) a school uniform (b) a roof over your head (c) bus fare to school (d) a fancy phone cover
  34. 34.True or false: “rice and dal” is a want. (a) True (b) False
  35. 35.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
  36. 36.Which of these is a need? (a) a sticker album (b) a bigger TV (c) a video game (d) drinking water
  37. 37.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  38. 38.True or false: “a party dress” is a want. (a) False (b) True
  39. 39.🛒 Need or want: a toy robot? (a) a want (b) a need
  40. 40.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a video game (d) a roof over your head

Answer key

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

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