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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 568 · 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: “bus fare to school” is a want. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) notebooks for school (d) medicine when ill
  3. 3.🔍 Which is the odd one out? (a) drinking water (b) a toy robot (c) medicine when ill (d) a school uniform
  4. 4.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a bigger TV (d) school shoes
  5. 5.🛒 Need or want: a bigger TV? (a) a need (b) a want
  6. 6.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
  8. 8.True or false: “a bigger TV” is a need. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) a toy robot (d) designer sunglasses
  10. 10.True or false: “drinking water” is a need. (a) False (b) True
  11. 11.True or false: “school shoes” is a need. (a) True (b) False
  12. 12.True or false: “a roof over your head” is a want. (a) False (b) True
  13. 13.True or false: “a third pair of shoes” is a need. (a) False (b) True
  14. 14.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
  15. 15.True or false: “medicine when ill” is a want. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) bus fare to school (d) a third pair of shoes
  17. 17.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a glitter pen set (d) a school uniform
  18. 18.True or false: “soap” is a need. (a) False (b) True
  19. 19.🛒 Need or want: medicine when ill? (a) a need (b) a want
  20. 20.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) school shoes (d) a glitter pen set
  21. 21.🛒 Need or want: a toy robot? (a) a want (b) a need
  22. 22.True or false: “a school uniform” is a want. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) school shoes (d) a video game
  24. 24.Which of these is a want? (a) a video game (b) notebooks for school (c) a warm blanket (d) rice and dal
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
  26. 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  27. 27.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  28. 28.True or false: “drinking water” is a want. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) a glitter pen set (d) a fancy phone cover
  30. 30.True or false: “a school uniform” is a need. (a) False (b) True
  31. 31.True or false: “sweets every day” is a want. (a) False (b) True
  32. 32.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a fancy phone cover (d) a party dress
  33. 33.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) drinking water (d) a warm blanket
  34. 34.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a toy robot (d) bus fare to school
  35. 35.Which of these is a need? (a) notebooks for school (b) a fancy phone cover (c) a third pair of shoes (d) a glitter pen set
  36. 36.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a bigger TV (d) a toy robot
  37. 37.🛒 Need or want: a video game? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) rice and dal (d) school shoes
  39. 39.True or false: “sweets every day” is a need. (a) True (b) False
  40. 40.Which of these is a need? (a) a party dress (b) drinking water (c) a toy robot (d) designer sunglasses

Answer key

  1. False
  2. a party dress
  3. a toy robot
  4. a bigger TV
  5. a want
  6. umbrellas and raincoats
  7. a need
  8. False
  9. notebooks for school
  10. True
  11. True
  12. False
  13. False
  14. many people want it
  15. False
  16. a third pair of shoes
  17. a glitter pen set
  18. True
  19. a need
  20. school shoes
  21. a want
  22. False
  23. a video game
  24. a video game
  25. people always need them
  26. hot drinks
  27. the needs
  28. False
  29. rice and dal
  30. True
  31. True
  32. a warm blanket
  33. designer sunglasses
  34. a toy robot
  35. notebooks for school
  36. medicine when ill
  37. a want
  38. designer sunglasses
  39. False
  40. drinking water

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