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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 57 · 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.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
  2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  3. 3.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) a glitter pen set (d) designer sunglasses
  4. 4.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  5. 5.Which of these is a want? (a) a sticker album (b) notebooks for school (c) medicine when ill (d) soap
  6. 6.True or false: “a video game” is a want. (a) False (b) True
  7. 7.🛒 Need or want: a roof over your head? (a) a want (b) a need
  8. 8.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) designer sunglasses (d) a sticker album
  9. 9.True or false: “school shoes” is a want. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) medicine when ill (d) a sticker album
  11. 11.🛒 Need or want: bus fare to school? (a) a want (b) a need
  12. 12.Which of these is a want? (a) school shoes (b) soap (c) rice and dal (d) a fancy phone cover
  13. 13.True or false: “a school uniform” is a want. (a) True (b) False
  14. 14.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a bigger TV (d) a video game
  15. 15.Which of these is a need? (a) a sticker album (b) a video game (c) a third pair of shoes (d) notebooks for school
  16. 16.🛒 Need or want: notebooks for school? (a) a want (b) a need
  17. 17.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a video game (d) designer sunglasses
  18. 18.True or false: “a third pair of shoes” is a want. (a) False (b) True
  19. 19.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
  20. 20.🛒 Need or want: a school uniform? (a) a need (b) a want
  21. 21.Which of these is a need? (a) rice and dal (b) a sticker album (c) a third pair of shoes (d) a toy robot
  22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) a fancy phone cover (d) a school uniform
  23. 23.🛒 Need or want: a party dress? (a) a want (b) a need
  24. 24.🛒 Need or want: sweets every day? (a) a need (b) a want
  25. 25.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) soap (d) a video game
  26. 26.Which of these is a want? (a) sweets every day (b) bus fare to school (c) drinking water (d) medicine when ill
  27. 27.🛍️ 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
  28. 28.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) notebooks for school (d) a third pair of shoes
  29. 29.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) a fancy phone cover (d) a sticker album
  30. 30.🛒 Need or want: a toy robot? (a) a need (b) a want
  31. 31.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a video game (d) drinking water
  32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) school shoes (d) a video game
  33. 33.🛒 Need or want: drinking water? (a) a want (b) a need
  34. 34.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  35. 35.True or false: “drinking water” is a need. (a) True (b) False
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.Which of these is a want? (a) a school uniform (b) school shoes (c) medicine when ill (d) a video game
  38. 38.True or false: “sweets every day” is a need. (a) True (b) False
  39. 39.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a third pair of shoes (d) a roof over your head
  40. 40.True or false: “a roof over your head” is a want. (a) True (b) False

Answer key

  1. we must have to live
  2. a need: food
  3. a warm blanket
  4. a want
  5. a sticker album
  6. True
  7. a need
  8. rice and dal
  9. False
  10. a sticker album
  11. a need
  12. a fancy phone cover
  13. False
  14. school shoes
  15. notebooks for school
  16. a need
  17. bus fare to school
  18. True
  19. many people want it
  20. a need
  21. rice and dal
  22. a fancy phone cover
  23. a want
  24. a want
  25. soap
  26. sweets every day
  27. people always need them
  28. notebooks for school
  29. medicine when ill
  30. a want
  31. drinking water
  32. school shoes
  33. a need
  34. a want
  35. True
  36. a need
  37. a video game
  38. False
  39. a roof over your head
  40. False

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