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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 576 · 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: “designer sunglasses” is a want. (a) False (b) True
  2. 2.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) medicine when ill (d) sweets every day
  3. 3.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) a toy robot (d) a warm blanket
  4. 4.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a video game (d) bus fare to school
  5. 5.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  6. 6.True or false: “medicine when ill” is a need. (a) False (b) True
  7. 7.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
  8. 8.True or false: “notebooks for school” is a want. (a) False (b) True
  9. 9.Which of these is a need? (a) a fancy phone cover (b) a roof over your head (c) a video game (d) a party dress
  10. 10.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a school uniform (d) a toy robot
  11. 11.True or false: “drinking water” is a need. (a) False (b) True
  12. 12.Which of these is a want? (a) notebooks for school (b) a school uniform (c) a warm blanket (d) designer sunglasses
  13. 13.Which of these is a want? (a) a sticker album (b) soap (c) a warm blanket (d) rice and dal
  14. 14.🛒 Need or want: a warm blanket? (a) a need (b) a want
  15. 15.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
  16. 16.True or false: “school shoes” is a need. (a) False (b) True
  17. 17.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a glitter pen set (d) notebooks for school
  18. 18.True or false: “a warm blanket” is a need. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a toy robot (d) a third pair of shoes
  20. 20.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  21. 21.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) school shoes (d) a fancy phone cover
  22. 22.Which of these is a need? (a) a toy robot (b) a sticker album (c) a video game (d) school shoes
  23. 23.🛍️ 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
  24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
  25. 25.🛒 Need or want: a school uniform? (a) a need (b) a want
  26. 26.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  27. 27.True or false: “a roof over your head” is a want. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) drinking water (d) a third pair of shoes
  29. 29.🛒 Need or want: drinking water? (a) a want (b) a need
  30. 30.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
  31. 31.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  32. 32.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
  33. 33.🛒 Need or want: sweets every day? (a) a want (b) a need
  34. 34.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) medicine when ill (d) bus fare to school
  35. 35.🛒 Need or want: rice and dal? (a) a want (b) a need
  36. 36.🛒 Need or want: medicine when ill? (a) a need (b) a want
  37. 37.True or false: “a third pair of shoes” is a want. (a) False (b) True
  38. 38.True or false: “school shoes” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) a video game (b) sweets every day (c) a fancy phone cover (d) drinking water
  40. 40.🛒 Need or want: a bigger TV? (a) a want (b) a need

Answer key

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

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