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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 55 · 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: “drinking water” is a need. (a) True (b) False
  2. 2.🛒 Need or want: a school uniform? (a) a want (b) a need
  3. 3.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a video game (d) a warm blanket
  4. 4.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) a party dress (d) a sticker album
  5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
  7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
  8. 8.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a party dress (d) a sticker album
  9. 9.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  10. 10.True or false: “designer sunglasses” is a want. (a) True (b) False
  11. 11.🛒 Need or want: a toy robot? (a) a need (b) a want
  12. 12.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) a school uniform (d) drinking water
  13. 13.True or false: “designer sunglasses” is a need. (a) False (b) True
  14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
  15. 15.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a fancy phone cover (d) rice and dal
  16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a sticker album (d) a warm blanket
  17. 17.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a sticker album (d) sweets every day
  18. 18.🛒 Need or want: a warm blanket? (a) a want (b) a need
  19. 19.True or false: “a roof over your head” is a need. (a) True (b) False
  20. 20.True or false: “rice and dal” is a need. (a) False (b) True
  21. 21.Which of these is a want? (a) a sticker album (b) drinking water (c) a warm blanket (d) medicine when ill
  22. 22.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) soap (d) a third pair of shoes
  23. 23.True or false: “a warm blanket” is a want. (a) False (b) True
  24. 24.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  25. 25.True or false: “bus fare to school” is a need. (a) True (b) False
  26. 26.🎯 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
  27. 27.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  28. 28.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  29. 29.🛒 Need or want: school shoes? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) school shoes (d) designer sunglasses
  31. 31.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  32. 32.True or false: “rice and dal” is a want. (a) True (b) False
  33. 33.True or false: “a warm blanket” is a need. (a) True (b) False
  34. 34.🛒 Need or want: a party dress? (a) a want (b) a need
  35. 35.Which of these is a want? (a) sweets every day (b) medicine when ill (c) a roof over your head (d) bus fare to school
  36. 36.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a warm blanket (d) sweets every day
  37. 37.True or false: “a fancy phone cover” is a want. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) a video game (d) soap
  39. 39.🛒 Need or want: notebooks for school? (a) a want (b) a need
  40. 40.Which of these is a want? (a) a glitter pen set (b) a roof over your head (c) drinking water (d) a school uniform

Answer key

  1. True
  2. a need
  3. a warm blanket
  4. bus fare to school
  5. a want
  6. a need
  7. people always need them
  8. bus fare to school
  9. a want
  10. True
  11. a want
  12. a fancy phone cover
  13. False
  14. True
  15. rice and dal
  16. a sticker album
  17. drinking water
  18. a need
  19. True
  20. True
  21. a sticker album
  22. soap
  23. False
  24. the needs
  25. True
  26. many people want it
  27. a want
  28. we must have to live
  29. a need
  30. school shoes
  31. a need: food
  32. False
  33. True
  34. a want
  35. sweets every day
  36. sweets every day
  37. True
  38. soap
  39. a need
  40. a glitter pen set

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