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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 555 · 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 school uniform” is a need. (a) True (b) False
  2. 2.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  3. 3.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a school uniform (d) a party dress
  4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a glitter pen set (d) a toy robot
  5. 5.Which of these is a want? (a) drinking water (b) school shoes (c) a roof over your head (d) a party dress
  6. 6.🛒 Need or want: soap? (a) a need (b) a want
  7. 7.True or false: “a school uniform” is a want. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) school shoes (d) a toy robot
  9. 9.True or false: “a glitter pen set” is a need. (a) True (b) False
  10. 10.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
  11. 11.Which of these is a want? (a) a roof over your head (b) designer sunglasses (c) school shoes (d) medicine when ill
  12. 12.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
  13. 13.Which of these is a want? (a) drinking water (b) a fancy phone cover (c) medicine when ill (d) soap
  14. 14.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) rice and dal (d) sweets every day
  15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) rice and dal (d) a bigger TV
  16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  17. 17.🛒 Need or want: rice and dal? (a) a want (b) a need
  18. 18.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  19. 19.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  20. 20.True or false: “a video game” is a need. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) school shoes (d) a toy robot
  22. 22.True or false: “medicine when ill” is a want. (a) True (b) False
  23. 23.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a school uniform (d) a sticker album
  24. 24.🛒 Need or want: a warm blanket? (a) a need (b) a want
  25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) rice and dal (d) drinking water
  26. 26.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a roof over your head (d) a bigger TV
  27. 27.🛒 Need or want: sweets every day? (a) a need (b) a want
  28. 28.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  29. 29.True or false: “sweets every day” is a need. (a) True (b) False
  30. 30.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a third pair of shoes (d) drinking water
  31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) medicine when ill (d) school shoes
  32. 32.🛒 Need or want: notebooks for school? (a) a need (b) a want
  33. 33.🛒 Need or want: bus fare to school? (a) a want (b) a need
  34. 34.🛒 Need or want: school shoes? (a) a need (b) a want
  35. 35.🛒 Need or want: a party dress? (a) a need (b) a want
  36. 36.True or false: “a glitter pen set” is a want. (a) False (b) True
  37. 37.Which of these is a need? (a) a video game (b) bus fare to school (c) a bigger TV (d) a glitter pen set
  38. 38.🛒 Need or want: medicine when ill? (a) a need (b) a want
  39. 39.True or false: “a fancy phone cover” is a need. (a) True (b) False
  40. 40.🛒 Need or want: a video game? (a) a need (b) a want

Answer key

  1. True
  2. a want
  3. a party dress
  4. soap
  5. a party dress
  6. a need
  7. False
  8. a toy robot
  9. False
  10. hot drinks
  11. designer sunglasses
  12. we must have to live
  13. a fancy phone cover
  14. rice and dal
  15. a bigger TV
  16. people always need them
  17. a need
  18. a want
  19. the needs
  20. False
  21. school shoes
  22. False
  23. a sticker album
  24. a need
  25. a video game
  26. a roof over your head
  27. a want
  28. a need: food
  29. False
  30. drinking water
  31. a glitter pen set
  32. a need
  33. a need
  34. a need
  35. a want
  36. True
  37. bus fare to school
  38. a need
  39. False
  40. a want

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