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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 529 · 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 is the odd one out? (a) bus fare to school (b) soap (c) medicine when ill (d) designer sunglasses
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
  3. 3.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) sweets every day (d) medicine when ill
  4. 4.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  5. 5.True or false: “a sticker album” is a want. (a) True (b) False
  6. 6.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) drinking water (d) a video game
  7. 7.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) medicine when ill (d) sweets every day
  8. 8.Which of these is a need? (a) notebooks for school (b) a toy robot (c) designer sunglasses (d) a glitter pen set
  9. 9.True or false: “a fancy phone cover” is a need. (a) True (b) False
  10. 10.Which of these is a want? (a) soap (b) a bigger TV (c) a school uniform (d) medicine when ill
  11. 11.🛒 Need or want: a warm blanket? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) drinking water (d) soap
  13. 13.True or false: “designer sunglasses” is a want. (a) False (b) True
  14. 14.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  15. 15.Which of these is a need? (a) sweets every day (b) a video game (c) a bigger TV (d) soap
  16. 16.True or false: “a warm blanket” is a want. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a glitter pen set (d) rice and dal
  18. 18.Which of these is a want? (a) school shoes (b) a third pair of shoes (c) drinking water (d) soap
  19. 19.🛒 Need or want: a toy robot? (a) a need (b) a want
  20. 20.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a roof over your head (d) a bigger TV
  21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a toy robot (d) soap
  22. 22.🛒 Need or want: medicine when ill? (a) a want (b) a need
  23. 23.Which of these is a need? (a) school shoes (b) sweets every day (c) a toy robot (d) a fancy phone cover
  24. 24.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
  25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
  26. 26.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  27. 27.True or false: “school shoes” is a want. (a) True (b) False
  28. 28.True or false: “bus fare to school” is a want. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) soap (d) a video game
  30. 30.🛒 Need or want: drinking water? (a) a want (b) a need
  31. 31.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  32. 32.Which of these is a want? (a) a warm blanket (b) school shoes (c) a sticker album (d) a school uniform
  33. 33.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  34. 34.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a roof over your head (d) a video game
  35. 35.Which of these is a want? (a) school shoes (b) a video game (c) medicine when ill (d) drinking water
  36. 36.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  37. 37.🛒 Need or want: a roof over your head? (a) a want (b) a need
  38. 38.True or false: “medicine when ill” is a need. (a) True (b) False
  39. 39.True or false: “school shoes” is a need. (a) False (b) True
  40. 40.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks

Answer key

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

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