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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 628 · 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.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  2. 2.🛒 Need or want: sweets every day? (a) a need (b) a want
  3. 3.🛒 Need or want: a video game? (a) a need (b) a want
  4. 4.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
  5. 5.🛒 Need or want: a sticker album? (a) a want (b) a need
  6. 6.True or false: “a third pair of shoes” is a want. (a) True (b) False
  7. 7.🛒 Need or want: school shoes? (a) a need (b) a want
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
  9. 9.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) drinking water (d) a third pair of shoes
  10. 10.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) a warm blanket (d) a fancy phone cover
  11. 11.🛒 Need or want: a party dress? (a) a want (b) a need
  12. 12.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) notebooks for school (d) designer sunglasses
  13. 13.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a party dress (d) bus fare to school
  14. 14.Which of these is a want? (a) a third pair of shoes (b) a school uniform (c) a warm blanket (d) soap
  15. 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  16. 16.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a fancy phone cover (d) drinking water
  17. 17.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) sweets every day (d) designer sunglasses
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
  19. 19.True or false: “a fancy phone cover” is a want. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a bigger TV (d) notebooks for school
  21. 21.🔍 Which is the odd one out? (a) a bigger TV (b) bus fare to school (c) rice and dal (d) a roof over your head
  22. 22.🛒 Need or want: bus fare to school? (a) a want (b) a need
  23. 23.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a glitter pen set (d) drinking water
  24. 24.True or false: “medicine when ill” is a need. (a) False (b) True
  25. 25.True or false: “a bigger TV” is a need. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) notebooks for school (d) designer sunglasses
  27. 27.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) a school uniform (d) school shoes
  28. 28.True or false: “bus fare to school” is a want. (a) False (b) True
  29. 29.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
  30. 30.Which of these is a need? (a) sweets every day (b) a party dress (c) drinking water (d) a glitter pen set
  31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) notebooks for school (d) school shoes
  32. 32.🛒 Need or want: a roof over your head? (a) a want (b) a need
  33. 33.True or false: “school shoes” is a want. (a) False (b) True
  34. 34.Which of these is a want? (a) drinking water (b) a toy robot (c) a school uniform (d) a warm blanket
  35. 35.🛒 Need or want: notebooks for school? (a) a need (b) a want
  36. 36.🛒 Need or want: a school uniform? (a) a want (b) a need
  37. 37.Which of these is a need? (a) a toy robot (b) a party dress (c) a fancy phone cover (d) a school uniform
  38. 38.True or false: “notebooks for school” is a want. (a) True (b) False
  39. 39.True or false: “designer sunglasses” is a want. (a) True (b) False
  40. 40.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) a school uniform (d) designer sunglasses

Answer key

  1. a want
  2. a want
  3. a want
  4. the needs
  5. a want
  6. True
  7. a need
  8. people always need them
  9. a third pair of shoes
  10. a warm blanket
  11. a want
  12. notebooks for school
  13. bus fare to school
  14. a third pair of shoes
  15. a want
  16. a fancy phone cover
  17. a warm blanket
  18. umbrellas and raincoats
  19. True
  20. notebooks for school
  21. a bigger TV
  22. a need
  23. a glitter pen set
  24. True
  25. False
  26. designer sunglasses
  27. a party dress
  28. False
  29. we must have to live
  30. drinking water
  31. a fancy phone cover
  32. a need
  33. False
  34. a toy robot
  35. a need
  36. a need
  37. a school uniform
  38. False
  39. True
  40. designer sunglasses

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