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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 614 · 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.

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

Answer key

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

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