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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 544 · 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: “a glitter pen set” is a need. (a) True (b) False
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  3. 3.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
  4. 4.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  5. 5.🛒 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
  6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) a fancy phone cover (d) a party dress
  7. 7.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) a warm blanket (d) medicine when ill
  8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a toy robot (d) a fancy phone cover
  9. 9.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) drinking water (d) a school uniform
  10. 10.🛒 Need or want: a bigger TV? (a) a need (b) a want
  11. 11.🛒 Need or want: a video game? (a) a need (b) a want
  12. 12.True or false: “drinking water” is a need. (a) False (b) True
  13. 13.🛒 Need or want: a party dress? (a) a want (b) a need
  14. 14.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) sweets every day (d) designer sunglasses
  15. 15.🛒 Need or want: medicine when ill? (a) a want (b) a need
  16. 16.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) bus fare to school (d) school shoes
  17. 17.Which of these is a want? (a) soap (b) drinking water (c) designer sunglasses (d) bus fare to school
  18. 18.True or false: “a toy robot” is a want. (a) False (b) True
  19. 19.True or false: “school shoes” is a need. (a) False (b) True
  20. 20.True or false: “a fancy phone cover” is a need. (a) True (b) False
  21. 21.True or false: “drinking water” is a want. (a) True (b) False
  22. 22.Which of these is a need? (a) a bigger TV (b) a toy robot (c) sweets every day (d) school shoes
  23. 23.True or false: “soap” is a need. (a) False (b) True
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
  25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) a sticker album (c) bus fare to school (d) rice and dal
  26. 26.True or false: “a sticker album” is a need. (a) False (b) True
  27. 27.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a video game (d) a glitter pen set
  28. 28.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a warm blanket (d) sweets every day
  29. 29.Which of these is a want? (a) a glitter pen set (b) rice and dal (c) medicine when ill (d) drinking water
  30. 30.True or false: “a toy robot” is a need. (a) True (b) False
  31. 31.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  32. 32.True or false: “a school uniform” is a need. (a) True (b) False
  33. 33.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  34. 34.True or false: “a third pair of shoes” is a need. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a sticker album (d) designer sunglasses
  36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
  37. 37.Which of these is a want? (a) a school uniform (b) a warm blanket (c) school shoes (d) a video game
  38. 38.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  39. 39.🛒 Need or want: a toy robot? (a) a need (b) a want
  40. 40.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a party dress (d) drinking water

Answer key

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

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