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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 537 · 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 is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) a bigger TV (d) a video game
  2. 2.🔍 Which is the odd one out? (a) a school uniform (b) a bigger TV (c) a roof over your head (d) notebooks for school
  3. 3.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  4. 4.Which of these is a want? (a) a toy robot (b) a roof over your head (c) a school uniform (d) notebooks for school
  5. 5.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) bus fare to school (d) a fancy phone cover
  6. 6.🛒 Need or want: soap? (a) a need (b) a want
  7. 7.🛒 Need or want: a toy robot? (a) a want (b) a need
  8. 8.True or false: “a third pair of shoes” is a need. (a) False (b) True
  9. 9.🛒 Need or want: rice and dal? (a) a need (b) a want
  10. 10.True or false: “bus fare to school” is a need. (a) False (b) True
  11. 11.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
  12. 12.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
  13. 13.True or false: “designer sunglasses” is a want. (a) True (b) False
  14. 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
  15. 15.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  16. 16.True or false: “sweets every day” is a need. (a) True (b) False
  17. 17.True or false: “a school uniform” is a need. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) a toy robot (b) a sticker album (c) a video game (d) drinking water
  19. 19.True or false: “sweets every day” is a want. (a) False (b) True
  20. 20.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
  21. 21.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  23. 23.Which of these is a want? (a) soap (b) notebooks for school (c) a roof over your head (d) designer sunglasses
  24. 24.True or false: “drinking water” is a want. (a) False (b) True
  25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
  26. 26.🛒 Need or want: a party dress? (a) a need (b) a want
  27. 27.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  28. 28.🛒 Need or want: a video game? (a) a want (b) a need
  29. 29.True or false: “a glitter pen set” is a need. (a) True (b) False
  30. 30.True or false: “rice and dal” is a need. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) school shoes (d) a warm blanket
  32. 32.True or false: “a toy robot” is a need. (a) True (b) False
  33. 33.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  34. 34.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) sweets every day (d) school shoes
  35. 35.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) soap (d) a video game
  36. 36.Which of these is a need? (a) a warm blanket (b) a toy robot (c) a glitter pen set (d) a fancy phone cover
  37. 37.🛒 Need or want: bus fare to school? (a) a want (b) a need
  38. 38.Which of these is a need? (a) a video game (b) medicine when ill (c) sweets every day (d) a sticker album
  39. 39.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) a party dress (d) designer sunglasses
  40. 40.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) a sticker album (d) a roof over your head

Answer key

  1. medicine when ill
  2. a bigger TV
  3. we must have to live
  4. a toy robot
  5. bus fare to school
  6. a need
  7. a want
  8. False
  9. a need
  10. True
  11. the needs
  12. many people want it
  13. True
  14. a need
  15. a want
  16. False
  17. True
  18. drinking water
  19. True
  20. a need: food
  21. a want
  22. people always need them
  23. designer sunglasses
  24. False
  25. False
  26. a want
  27. umbrellas and raincoats
  28. a want
  29. False
  30. True
  31. sweets every day
  32. False
  33. a want
  34. school shoes
  35. soap
  36. a warm blanket
  37. a need
  38. medicine when ill
  39. school shoes
  40. a roof over your head

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