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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 539 · 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.True or false: “sweets every day” is a want. (a) False (b) True
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
  3. 3.True or false: “a video game” is a need. (a) True (b) False
  4. 4.🛒 Need or want: a school uniform? (a) a need (b) a want
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  6. 6.Which of these is a need? (a) a video game (b) a glitter pen set (c) soap (d) sweets every day
  7. 7.True or false: “drinking water” is a want. (a) True (b) False
  8. 8.Which of these is a want? (a) a warm blanket (b) sweets every day (c) bus fare to school (d) school shoes
  9. 9.🔍 Which is the odd one out? (a) a glitter pen set (b) soap (c) a bigger TV (d) a toy robot
  10. 10.True or false: “a roof over your head” is a need. (a) True (b) False
  11. 11.True or false: “sweets every day” is a need. (a) False (b) True
  12. 12.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
  13. 13.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) notebooks for school (d) drinking water
  14. 14.True or false: “a sticker album” is a want. (a) False (b) True
  15. 15.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  16. 16.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) medicine when ill (d) a toy robot
  17. 17.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  18. 18.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a sticker album (d) a fancy phone cover
  19. 19.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  20. 20.🛒 Need or want: medicine when ill? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) drinking water (d) medicine when ill
  22. 22.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) medicine when ill (d) rice and dal
  23. 23.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
  24. 24.🛒 Need or want: a roof over your head? (a) a want (b) a need
  25. 25.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) sweets every day (d) a third pair of shoes
  26. 26.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
  27. 27.🛒 Need or want: a video game? (a) a need (b) a want
  28. 28.True or false: “bus fare to school” is a need. (a) True (b) False
  29. 29.True or false: “a glitter pen set” is a need. (a) False (b) True
  30. 30.🛒 Need or want: rice and dal? (a) a need (b) a want
  31. 31.🛒 Need or want: a warm blanket? (a) a need (b) a want
  32. 32.True or false: “rice and dal” is a need. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) designer sunglasses (d) medicine when ill
  34. 34.🛒 Need or want: a toy robot? (a) a need (b) a want
  35. 35.🛒 Need or want: soap? (a) a need (b) a want
  36. 36.True or false: “medicine when ill” is a want. (a) True (b) False
  37. 37.🛒 Need or want: a party dress? (a) a need (b) a want
  38. 38.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) school shoes (d) a roof over your head
  39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
  40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a bigger TV (d) rice and dal

Answer key

  1. True
  2. people always need them
  3. False
  4. a need
  5. umbrellas and raincoats
  6. soap
  7. False
  8. sweets every day
  9. soap
  10. True
  11. False
  12. many people want it
  13. a glitter pen set
  14. True
  15. a want
  16. medicine when ill
  17. a want
  18. drinking water
  19. the needs
  20. a need
  21. a fancy phone cover
  22. a video game
  23. a need: food
  24. a need
  25. bus fare to school
  26. hot drinks
  27. a want
  28. True
  29. False
  30. a need
  31. a need
  32. True
  33. medicine when ill
  34. a want
  35. a need
  36. False
  37. a want
  38. a third pair of shoes
  39. a need
  40. a bigger TV

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