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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 626 · 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) a glitter pen set (b) rice and dal (c) school shoes (d) a school uniform
  2. 2.🛒 Need or want: sweets every day? (a) a need (b) a want
  3. 3.True or false: “designer sunglasses” is a want. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) drinking water (d) a fancy phone cover
  5. 5.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
  6. 6.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) soap (d) a party dress
  7. 7.True or false: “a toy robot” is a want. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) bus fare to school (d) a fancy phone cover
  9. 9.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  10. 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
  11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) designer sunglasses (d) a glitter pen set
  12. 12.True or false: “school shoes” is a need. (a) True (b) False
  13. 13.🛒 Need or want: notebooks for school? (a) a need (b) a want
  14. 14.True or false: “a party dress” is a need. (a) True (b) False
  15. 15.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
  17. 17.True or false: “a third pair of shoes” is a want. (a) True (b) False
  18. 18.🛒 Need or want: a video game? (a) a need (b) a want
  19. 19.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) sweets every day (d) a warm blanket
  20. 20.True or false: “a school uniform” is a want. (a) False (b) True
  21. 21.🛒 Need or want: a school uniform? (a) a need (b) a want
  22. 22.Which of these is a want? (a) medicine when ill (b) a sticker album (c) a school uniform (d) bus fare to school
  23. 23.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) notebooks for school (d) a third pair of shoes
  24. 24.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
  25. 25.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) a warm blanket (d) a roof over your head
  26. 26.True or false: “a bigger TV” is a need. (a) True (b) False
  27. 27.True or false: “sweets every day” is a need. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) drinking water (d) designer sunglasses
  29. 29.Which of these is a want? (a) drinking water (b) rice and dal (c) a toy robot (d) soap
  30. 30.True or false: “notebooks for school” is a need. (a) True (b) False
  31. 31.🛒 Need or want: a sticker album? (a) a want (b) a need
  32. 32.🛒 Need or want: a warm blanket? (a) a want (b) a need
  33. 33.True or false: “a roof over your head” is a need. (a) False (b) True
  34. 34.Which of these is a want? (a) sweets every day (b) a warm blanket (c) notebooks for school (d) a school uniform
  35. 35.True or false: “designer sunglasses” is a need. (a) True (b) False
  36. 36.True or false: “rice and dal” is a need. (a) False (b) True
  37. 37.Which of these is a need? (a) designer sunglasses (b) a roof over your head (c) sweets every day (d) a third pair of shoes
  38. 38.🛒 Need or want: school shoes? (a) a need (b) a want
  39. 39.True or false: “a warm blanket” is a want. (a) True (b) False
  40. 40.🛒 Need or want: drinking water? (a) a need (b) a want

Answer key

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

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