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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 621 · 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.Which of these is a want? (a) a roof over your head (b) school shoes (c) a party dress (d) a warm blanket
  2. 2.🛒 Need or want: a sticker album? (a) a need (b) a want
  3. 3.True or false: “a party dress” is a need. (a) False (b) True
  4. 4.True or false: “soap” is a want. (a) False (b) True
  5. 5.Which of these is a need? (a) a glitter pen set (b) a video game (c) a sticker album (d) medicine when ill
  6. 6.Which of these is a need? (a) drinking water (b) a video game (c) sweets every day (d) a bigger TV
  7. 7.🛒 Need or want: rice and dal? (a) a need (b) a want
  8. 8.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) a party dress (d) medicine when ill
  9. 9.True or false: “soap” is a need. (a) True (b) False
  10. 10.Which of these is a want? (a) a warm blanket (b) a third pair of shoes (c) school shoes (d) a school uniform
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
  12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
  13. 13.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
  14. 14.🛒 Need or want: notebooks for school? (a) a need (b) a want
  15. 15.🎯 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
  16. 16.True or false: “rice and dal” is a need. (a) True (b) False
  17. 17.Which of these is a need? (a) notebooks for school (b) a toy robot (c) a fancy phone cover (d) a party dress
  18. 18.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
  19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  20. 20.🛒 Need or want: a video game? (a) a want (b) a need
  21. 21.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  22. 22.🛒 Need or want: drinking water? (a) a need (b) a want
  23. 23.🛒 Need or want: a roof over your head? (a) a need (b) a want
  24. 24.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) drinking water (d) a warm blanket
  25. 25.🛒 Need or want: a toy robot? (a) a need (b) a want
  26. 26.True or false: “school shoes” is a need. (a) False (b) True
  27. 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a third pair of shoes (d) notebooks for school
  29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) drinking water (d) bus fare to school
  31. 31.🛒 Need or want: medicine when ill? (a) a need (b) a want
  32. 32.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  33. 33.True or false: “drinking water” is a need. (a) False (b) True
  34. 34.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) a warm blanket (d) school shoes
  35. 35.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  36. 36.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  37. 37.🛒 Need or want: soap? (a) a need (b) a want
  38. 38.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a warm blanket (d) a third pair of shoes
  39. 39.True or false: “a glitter pen set” is a need. (a) True (b) False
  40. 40.Which of these is a need? (a) a party dress (b) rice and dal (c) a glitter pen set (d) a sticker album

Answer key

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

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