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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 567 · 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 toy robot (b) a third pair of shoes (c) soap (d) a sticker album
  2. 2.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a video game (d) a fancy phone cover
  3. 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  4. 4.Which of these is a want? (a) school shoes (b) a warm blanket (c) a toy robot (d) a school uniform
  5. 5.True or false: “a sticker album” is a need. (a) True (b) False
  6. 6.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
  7. 7.True or false: “bus fare to school” is a want. (a) False (b) True
  8. 8.🛒 Need or want: drinking water? (a) a need (b) a want
  9. 9.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) a toy robot (d) a bigger TV
  10. 10.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  11. 11.🛒 Need or want: school shoes? (a) a want (b) a need
  12. 12.🛒 Need or want: medicine when ill? (a) a need (b) a want
  13. 13.🛒 Need or want: bus fare to school? (a) a need (b) a want
  14. 14.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a bigger TV
  15. 15.True or false: “a video game” is a want. (a) False (b) True
  16. 16.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
  17. 17.True or false: “designer sunglasses” is a need. (a) False (b) True
  18. 18.True or false: “medicine when ill” is a want. (a) False (b) True
  19. 19.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) a glitter pen set (d) a fancy phone cover
  20. 20.Which of these is a want? (a) a warm blanket (b) school shoes (c) drinking water (d) sweets every day
  21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) a party dress (d) rice and dal
  22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) a school uniform (d) notebooks for school
  23. 23.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
  24. 24.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  25. 25.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) school shoes (d) a video game
  26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
  27. 27.Which of these is a want? (a) a school uniform (b) a fancy phone cover (c) drinking water (d) medicine when ill
  28. 28.True or false: “a fancy phone cover” is a want. (a) False (b) True
  29. 29.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
  30. 30.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) medicine when ill (d) a third pair of shoes
  31. 31.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  32. 32.True or false: “a warm blanket” is a need. (a) False (b) True
  33. 33.🛒 Need or want: a school uniform? (a) a want (b) a need
  34. 34.True or false: “a school uniform” is a want. (a) True (b) False
  35. 35.🛒 Need or want: soap? (a) a need (b) a want
  36. 36.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  37. 37.True or false: “sweets every day” is a want. (a) False (b) True
  38. 38.True or false: “bus fare to school” is a need. (a) True (b) False
  39. 39.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) rice and dal (d) drinking water
  40. 40.🛒 Need or want: a bigger TV? (a) a need (b) a want

Answer key

  1. soap
  2. a warm blanket
  3. a want
  4. a toy robot
  5. False
  6. hot drinks
  7. False
  8. a need
  9. drinking water
  10. many people want it
  11. a need
  12. a need
  13. a need
  14. a school uniform
  15. True
  16. the needs
  17. False
  18. False
  19. a roof over your head
  20. sweets every day
  21. rice and dal
  22. a fancy phone cover
  23. a need: food
  24. we must have to live
  25. a video game
  26. people always need them
  27. a fancy phone cover
  28. True
  29. umbrellas and raincoats
  30. a third pair of shoes
  31. a want
  32. True
  33. a need
  34. False
  35. a need
  36. a want
  37. True
  38. True
  39. a third pair of shoes
  40. a want

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