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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 59 · 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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  2. 2.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a roof over your head (d) a party dress
  3. 3.🛒 Need or want: a party dress? (a) a want (b) a need
  4. 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
  5. 5.True or false: “sweets every day” is a want. (a) False (b) True
  6. 6.True or false: “a toy robot” is a want. (a) True (b) False
  7. 7.True or false: “a sticker album” is a need. (a) False (b) True
  8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
  9. 9.True or false: “a roof over your head” is a want. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a party dress (d) a toy robot
  11. 11.🛒 Need or want: notebooks for school? (a) a need (b) a want
  12. 12.Which of these is a need? (a) a toy robot (b) drinking water (c) a party dress (d) a video game
  13. 13.🛒 Need or want: a school uniform? (a) a need (b) a want
  14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
  15. 15.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) designer sunglasses (d) soap
  16. 16.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a warm blanket (d) sweets every day
  17. 17.True or false: “a party dress” is a need. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) bus fare to school (d) a third pair of shoes
  19. 19.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) notebooks for school (d) a party dress
  20. 20.🛒 Need or want: drinking water? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) drinking water (d) a roof over your head
  22. 22.🛒 Need or want: rice and dal? (a) a want (b) a need
  23. 23.True or false: “soap” is a want. (a) False (b) True
  24. 24.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  25. 25.🛒 Need or want: a sticker album? (a) a need (b) a want
  26. 26.🛒 Need or want: school shoes? (a) a need (b) a want
  27. 27.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
  28. 28.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  29. 29.True or false: “a school uniform” is a want. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a toy robot (d) medicine when ill
  31. 31.True or false: “a school uniform” is a need. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) designer sunglasses (d) a bigger TV
  33. 33.Which of these is a want? (a) drinking water (b) a school uniform (c) a fancy phone cover (d) bus fare to school
  34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) school shoes (d) a warm blanket
  35. 35.True or false: “medicine when ill” is a want. (a) True (b) False
  36. 36.🛒 Need or want: a bigger TV? (a) a want (b) a need
  37. 37.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a warm blanket (d) a bigger TV
  38. 38.Which of these is a want? (a) a roof over your head (b) a sticker album (c) a school uniform (d) medicine when ill
  39. 39.🛒 Need or want: a video game? (a) a need (b) a want
  40. 40.True or false: “bus fare to school” is a want. (a) False (b) True

Answer key

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

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