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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 624 · 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.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) designer sunglasses (d) sweets every day
  2. 2.🛒 Need or want: a party dress? (a) a want (b) a need
  3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) school shoes (d) a toy robot
  4. 4.Which of these is a want? (a) rice and dal (b) drinking water (c) a fancy phone cover (d) soap
  5. 5.Which of these is a need? (a) medicine when ill (b) a third pair of shoes (c) a fancy phone cover (d) a bigger TV
  6. 6.🛒 Need or want: school shoes? (a) a need (b) a want
  7. 7.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) a roof over your head (d) a warm blanket
  8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
  9. 9.True or false: “sweets every day” is a want. (a) True (b) False
  10. 10.True or false: “a roof over your head” is a need. (a) True (b) False
  11. 11.🛒 Need or want: a sticker album? (a) a need (b) a want
  12. 12.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  13. 13.True or false: “rice and dal” is a want. (a) True (b) False
  14. 14.True or false: “sweets every day” is a need. (a) False (b) True
  15. 15.Which of these is a want? (a) school shoes (b) medicine when ill (c) a video game (d) drinking water
  16. 16.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a fancy phone cover (d) a video game
  17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) soap (d) rice and dal
  18. 18.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  19. 19.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) rice and dal (d) sweets every day
  20. 20.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  21. 21.Which of these is a need? (a) sweets every day (b) a bigger TV (c) bus fare to school (d) a video game
  22. 22.True or false: “medicine when ill” is a need. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) a sticker album (b) medicine when ill (c) bus fare to school (d) drinking water
  24. 24.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  25. 25.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  26. 26.Which of these is a need? (a) notebooks for school (b) sweets every day (c) a glitter pen set (d) a fancy phone cover
  27. 27.Which of these is a want? (a) a toy robot (b) a roof over your head (c) rice and dal (d) notebooks for school
  28. 28.🛒 Need or want: rice and dal? (a) a want (b) a need
  29. 29.🛒 Need or want: a roof over your head? (a) a need (b) a want
  30. 30.🛒 Need or want: sweets every day? (a) a need (b) a want
  31. 31.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
  32. 32.🛒 Need or want: notebooks for school? (a) a need (b) a want
  33. 33.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
  34. 34.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  35. 35.True or false: “a school uniform” is a want. (a) True (b) False
  36. 36.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  37. 37.🛒 Need or want: a video game? (a) a want (b) a need
  38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) drinking water (d) a school uniform
  39. 39.Which of these is a need? (a) a video game (b) a bigger TV (c) a party dress (d) school shoes
  40. 40.True or false: “a toy robot” is a want. (a) False (b) True

Answer key

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

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