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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 523 · 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.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  2. 2.🔍 Which is the odd one out? (a) soap (b) a video game (c) a roof over your head (d) medicine when ill
  3. 3.🛒 Need or want: a toy robot? (a) a want (b) a need
  4. 4.True or false: “notebooks for school” is a need. (a) True (b) False
  5. 5.🛒 Need or want: notebooks for school? (a) a need (b) a want
  6. 6.True or false: “drinking water” is a need. (a) False (b) True
  7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
  8. 8.True or false: “medicine when ill” is a need. (a) False (b) True
  9. 9.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
  10. 10.True or false: “a warm blanket” is a need. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) designer sunglasses (d) a school uniform
  12. 12.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a bigger TV (d) bus fare to school
  13. 13.🛒 Need or want: a school uniform? (a) a want (b) a need
  14. 14.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  15. 15.🛒 Need or want: medicine when ill? (a) a want (b) a need
  16. 16.True or false: “a party dress” is a need. (a) True (b) False
  17. 17.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
  18. 18.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a third pair of shoes (d) a school uniform
  19. 19.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  20. 20.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  21. 21.🛒 Need or want: a warm blanket? (a) a need (b) a want
  22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a sticker album (d) notebooks for school
  23. 23.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) medicine when ill (d) a warm blanket
  24. 24.🛒 Need or want: rice and dal? (a) a want (b) a need
  25. 25.True or false: “rice and dal” is a want. (a) False (b) True
  26. 26.True or false: “designer sunglasses” is a need. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) school shoes (d) a party dress
  28. 28.🛒 Need or want: a bigger TV? (a) a need (b) a want
  29. 29.Which of these is a want? (a) soap (b) a roof over your head (c) bus fare to school (d) a fancy phone cover
  30. 30.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
  31. 31.True or false: “sweets every day” is a want. (a) True (b) False
  32. 32.🛒 Need or want: soap? (a) a want (b) a need
  33. 33.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a roof over your head (d) a bigger TV
  34. 34.True or false: “designer sunglasses” is a want. (a) False (b) True
  35. 35.Which of these is a want? (a) drinking water (b) a warm blanket (c) a toy robot (d) rice and dal
  36. 36.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) a bigger TV (d) a roof over your head
  37. 37.True or false: “a glitter pen set” is a need. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) designer sunglasses (d) a video game
  39. 39.🛒 Need or want: a video game? (a) a need (b) a want
  40. 40.True or false: “a video game” is a need. (a) False (b) True

Answer key

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

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