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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 589 · 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 bigger TV” is a want. (a) True (b) False
  2. 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  3. 3.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a school uniform (d) sweets every day
  4. 4.Which of these is a want? (a) a warm blanket (b) soap (c) a video game (d) school shoes
  5. 5.Which of these is a need? (a) a toy robot (b) notebooks for school (c) sweets every day (d) a sticker album
  6. 6.True or false: “a roof over your head” is a want. (a) False (b) True
  7. 7.🛒 Need or want: bus fare to school? (a) a want (b) a need
  8. 8.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) designer sunglasses (d) rice and dal
  9. 9.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  10. 10.True or false: “a school uniform” is a need. (a) False (b) True
  11. 11.Which of these is a want? (a) a warm blanket (b) a fancy phone cover (c) notebooks for school (d) bus fare to school
  12. 12.True or false: “medicine when ill” is a need. (a) True (b) False
  13. 13.True or false: “a video game” is a want. (a) False (b) True
  14. 14.🛒 Need or want: a party dress? (a) a need (b) a want
  15. 15.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) a fancy phone cover (d) school shoes
  16. 16.Which of these is a need? (a) soap (b) a fancy phone cover (c) a sticker album (d) designer sunglasses
  17. 17.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) a sticker album (d) medicine when ill
  18. 18.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a roof over your head (d) a bigger TV
  19. 19.True or false: “a party dress” is a want. (a) False (b) True
  20. 20.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  21. 21.🛒 Need or want: a school uniform? (a) a want (b) a need
  22. 22.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
  23. 23.True or false: “a bigger TV” is a need. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a party dress (d) bus fare to school
  25. 25.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
  26. 26.True or false: “designer sunglasses” is a want. (a) False (b) True
  27. 27.🛒 Need or want: a sticker album? (a) a need (b) a want
  28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  29. 29.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a fancy phone cover (d) a glitter pen set
  30. 30.🛒 Need or want: school shoes? (a) a want (b) a need
  31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a school uniform (d) a warm blanket
  32. 32.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a sticker album (d) a fancy phone cover
  33. 33.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) rice and dal (d) a third pair of shoes
  34. 34.🛒 Need or want: soap? (a) a want (b) a need
  35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a roof over your head (d) a toy robot
  36. 36.True or false: “a warm blanket” is a want. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) school shoes (d) a video game
  38. 38.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a third pair of shoes (d) drinking water
  39. 39.Which of these is a need? (a) a video game (b) a sticker album (c) a warm blanket (d) sweets every day
  40. 40.🛒 Need or want: designer sunglasses? (a) a want (b) a need

Answer key

  1. True
  2. the needs
  3. a school uniform
  4. a video game
  5. notebooks for school
  6. False
  7. a need
  8. rice and dal
  9. a want
  10. True
  11. a fancy phone cover
  12. True
  13. True
  14. a want
  15. school shoes
  16. soap
  17. medicine when ill
  18. a bigger TV
  19. True
  20. many people want it
  21. a need
  22. hot drinks
  23. False
  24. a party dress
  25. a need: food
  26. True
  27. a want
  28. people always need them
  29. soap
  30. a need
  31. a third pair of shoes
  32. drinking water
  33. rice and dal
  34. a need
  35. a roof over your head
  36. False
  37. a video game
  38. drinking water
  39. a warm blanket
  40. a want

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