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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 561 · 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: “notebooks for school” is a want. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) drinking water (d) designer sunglasses
  3. 3.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) designer sunglasses (d) school shoes
  4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
  5. 5.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
  7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) soap (d) a toy robot
  8. 8.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  9. 9.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  10. 10.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a roof over your head (d) school shoes
  11. 11.True or false: “a third pair of shoes” is a need. (a) True (b) False
  12. 12.True or false: “medicine when ill” is a want. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) notebooks for school (d) sweets every day
  14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a party dress (d) a warm blanket
  15. 15.True or false: “soap” is a want. (a) False (b) True
  16. 16.🛒 Need or want: drinking water? (a) a want (b) a need
  17. 17.Which of these is a need? (a) a video game (b) school shoes (c) sweets every day (d) a sticker album
  18. 18.🛒 Need or want: a video game? (a) a want (b) a need
  19. 19.🛒 Need or want: a school uniform? (a) a want (b) a need
  20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) notebooks for school (d) a glitter pen set
  22. 22.True or false: “a sticker album” is a want. (a) False (b) True
  23. 23.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) a school uniform (d) a glitter pen set
  24. 24.True or false: “a roof over your head” is a need. (a) False (b) True
  25. 25.Which of these is a need? (a) soap (b) a video game (c) a glitter pen set (d) a party dress
  26. 26.True or false: “a bigger TV” is a want. (a) True (b) False
  27. 27.Which of these is a need? (a) sweets every day (b) rice and dal (c) designer sunglasses (d) a video game
  28. 28.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) school shoes (d) a glitter pen set
  29. 29.🛒 Need or want: a warm blanket? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) a toy robot (d) a warm blanket
  31. 31.🛒 Need or want: soap? (a) a need (b) a want
  32. 32.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  33. 33.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a third pair of shoes (d) sweets every day
  34. 34.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  35. 35.True or false: “a sticker album” is a need. (a) False (b) True
  36. 36.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
  37. 37.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) rice and dal (d) a roof over your head
  38. 38.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
  40. 40.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies

Answer key

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

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