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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 564 · 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 third pair of shoes” is a need. (a) True (b) False
  2. 2.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  3. 3.🛒 Need or want: a video game? (a) a need (b) a want
  4. 4.🛒 Need or want: a toy robot? (a) a want (b) a need
  5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  6. 6.Which of these is a want? (a) school shoes (b) a roof over your head (c) sweets every day (d) bus fare to school
  7. 7.True or false: “a video game” is a need. (a) True (b) False
  8. 8.🛒 Need or want: rice and dal? (a) a want (b) a need
  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 need (b) a want
  11. 11.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
  12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) soap (d) a roof over your head
  13. 13.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) soap (d) a third pair of shoes
  14. 14.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  15. 15.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  16. 16.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a video game (d) bus fare to school
  17. 17.🛒 Need or want: a sticker album? (a) a want (b) a need
  18. 18.True or false: “a sticker album” is a need. (a) True (b) False
  19. 19.🛒 Need or want: a party dress? (a) a need (b) a want
  20. 20.True or false: “drinking water” is a need. (a) False (b) True
  21. 21.True or false: “sweets every day” is a need. (a) False (b) True
  22. 22.Which of these is a want? (a) a school uniform (b) a roof over your head (c) designer sunglasses (d) medicine when ill
  23. 23.Which of these is a want? (a) soap (b) a sticker album (c) rice and dal (d) a warm blanket
  24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
  25. 25.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) soap (d) designer sunglasses
  26. 26.True or false: “a roof over your head” is a need. (a) False (b) True
  27. 27.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
  28. 28.Which of these is a need? (a) sweets every day (b) a sticker album (c) a party dress (d) a school uniform
  29. 29.Which of these is a want? (a) drinking water (b) a warm blanket (c) a roof over your head (d) a glitter pen set
  30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
  31. 31.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
  32. 32.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) designer sunglasses (d) a roof over your head
  33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
  34. 34.🛒 Need or want: school shoes? (a) a need (b) a want
  35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) a toy robot (d) notebooks for school
  36. 36.True or false: “a warm blanket” is a need. (a) False (b) True
  37. 37.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) a toy robot (d) school shoes
  38. 38.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) designer sunglasses (d) medicine when ill
  39. 39.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) a fancy phone cover (d) school shoes
  40. 40.🛒 Need or want: a roof over your head? (a) a need (b) a want

Answer key

  1. False
  2. we must have to live
  3. a want
  4. a want
  5. people always need them
  6. sweets every day
  7. False
  8. a need
  9. False
  10. a want
  11. many people want it
  12. a bigger TV
  13. a third pair of shoes
  14. a want
  15. the needs
  16. bus fare to school
  17. a want
  18. False
  19. a want
  20. True
  21. False
  22. designer sunglasses
  23. a sticker album
  24. a need
  25. soap
  26. True
  27. hot drinks
  28. a school uniform
  29. a glitter pen set
  30. a need
  31. a need: food
  32. a roof over your head
  33. a want
  34. a need
  35. notebooks for school
  36. True
  37. a toy robot
  38. designer sunglasses
  39. school shoes
  40. a need

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