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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 550 · 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 of these is a need? (a) a glitter pen set (b) soap (c) a third pair of shoes (d) a fancy phone cover
  2. 2.🛒 Need or want: a bigger TV? (a) a need (b) a want
  3. 3.Which of these is a want? (a) a school uniform (b) a warm blanket (c) drinking water (d) a video game
  4. 4.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) school shoes (d) a fancy phone cover
  5. 5.🛒 Need or want: medicine when ill? (a) a want (b) a need
  6. 6.🛒 Need or want: notebooks for school? (a) a need (b) a want
  7. 7.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) a sticker album (d) a roof over your head
  8. 8.Which of these is a want? (a) drinking water (b) medicine when ill (c) a party dress (d) bus fare to school
  9. 9.True or false: “a roof over your head” is a want. (a) False (b) True
  10. 10.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  11. 11.True or false: “notebooks for school” is a need. (a) True (b) False
  12. 12.Which of these is a want? (a) soap (b) a roof over your head (c) notebooks for school (d) sweets every day
  13. 13.True or false: “a bigger TV” is a need. (a) True (b) False
  14. 14.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  15. 15.True or false: “school shoes” is a want. (a) True (b) False
  16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  17. 17.🛒 Need or want: bus fare to school? (a) a want (b) a need
  18. 18.True or false: “sweets every day” is a want. (a) False (b) True
  19. 19.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
  20. 20.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) a roof over your head (d) notebooks for school
  21. 21.Which of these is a need? (a) a school uniform (b) a bigger TV (c) a glitter pen set (d) sweets every day
  22. 22.True or false: “drinking water” is a want. (a) True (b) False
  23. 23.True or false: “a fancy phone cover” is a need. (a) False (b) True
  24. 24.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
  25. 25.🛒 Need or want: soap? (a) a want (b) a need
  26. 26.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  27. 27.🛒 Need or want: a sticker album? (a) a need (b) a want
  28. 28.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) a third pair of shoes (d) a video game
  29. 29.True or false: “soap” is a want. (a) False (b) True
  30. 30.🛒 Need or want: a party dress? (a) a need (b) a want
  31. 31.True or false: “a toy robot” is a want. (a) True (b) False
  32. 32.🛒 Need or want: drinking water? (a) a want (b) a need
  33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a glitter pen set (d) drinking water
  34. 34.True or false: “rice and dal” is a need. (a) False (b) True
  35. 35.True or false: “a toy robot” is a need. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) sweets every day (b) school shoes (c) medicine when ill (d) drinking water
  37. 37.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a fancy phone cover (d) a third pair of shoes
  38. 38.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) notebooks for school (d) drinking water
  39. 39.Which of these is a want? (a) a sticker album (b) school shoes (c) a warm blanket (d) a school uniform
  40. 40.True or false: “a third pair of shoes” is a need. (a) False (b) True

Answer key

  1. soap
  2. a want
  3. a video game
  4. school shoes
  5. a need
  6. a need
  7. a sticker album
  8. a party dress
  9. False
  10. a want
  11. True
  12. sweets every day
  13. False
  14. hot drinks
  15. False
  16. a want
  17. a need
  18. True
  19. umbrellas and raincoats
  20. a third pair of shoes
  21. a school uniform
  22. False
  23. False
  24. we must have to live
  25. a need
  26. many people want it
  27. a want
  28. rice and dal
  29. False
  30. a want
  31. True
  32. a need
  33. drinking water
  34. True
  35. False
  36. sweets every day
  37. medicine when ill
  38. designer sunglasses
  39. a sticker album
  40. False

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