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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 638 · 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.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  2. 2.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a toy robot (d) drinking water
  3. 3.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a roof over your head (d) a video game
  4. 4.Which of these is a want? (a) a roof over your head (b) rice and dal (c) bus fare to school (d) designer sunglasses
  5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
  6. 6.🛒 Need or want: soap? (a) a need (b) a want
  7. 7.True or false: “a sticker album” is a need. (a) True (b) False
  8. 8.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) designer sunglasses (d) a toy robot
  9. 9.🛒 Need or want: a toy robot? (a) a want (b) a need
  10. 10.True or false: “a warm blanket” is a need. (a) False (b) True
  11. 11.True or false: “a toy robot” is a want. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) notebooks for school (d) drinking water
  13. 13.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
  14. 14.True or false: “a bigger TV” is a want. (a) True (b) False
  15. 15.True or false: “a warm blanket” is a want. (a) False (b) True
  16. 16.Which of these is a need? (a) a glitter pen set (b) a roof over your head (c) a sticker album (d) a third pair of shoes
  17. 17.🛒 Need or want: a school uniform? (a) a need (b) a want
  18. 18.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a toy robot (d) rice and dal
  19. 19.True or false: “designer sunglasses” is a want. (a) False (b) True
  20. 20.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
  21. 21.Which of these is a need? (a) a bigger TV (b) a video game (c) a sticker album (d) rice and dal
  22. 22.🛒 Need or want: a party dress? (a) a need (b) a want
  23. 23.True or false: “a party dress” is a need. (a) False (b) True
  24. 24.True or false: “bus fare to school” is a want. (a) True (b) False
  25. 25.True or false: “a bigger TV” is a need. (a) True (b) False
  26. 26.Which of these is a want? (a) a fancy phone cover (b) rice and dal (c) a warm blanket (d) drinking water
  27. 27.🛒 Need or want: a roof over your head? (a) a need (b) a want
  28. 28.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) medicine when ill (d) drinking water
  29. 29.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a school uniform (d) designer sunglasses
  30. 30.🛒 Need or want: bus fare to school? (a) a want (b) a need
  31. 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  32. 32.🛒 Need or want: a video game? (a) a want (b) a need
  33. 33.True or false: “a party dress” is a want. (a) False (b) True
  34. 34.True or false: “sweets every day” is a need. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) school shoes (b) a party dress (c) designer sunglasses (d) a glitter pen set
  36. 36.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a sticker album (d) soap
  37. 37.Which of these is a want? (a) notebooks for school (b) a toy robot (c) a warm blanket (d) school shoes
  38. 38.🛒 Need or want: a warm blanket? (a) a want (b) a need
  39. 39.Which of these is a want? (a) a warm blanket (b) a bigger TV (c) bus fare to school (d) notebooks for school
  40. 40.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) sweets every day (d) a party dress

Answer key

  1. the needs
  2. drinking water
  3. a video game
  4. designer sunglasses
  5. people always need them
  6. a need
  7. False
  8. a warm blanket
  9. a want
  10. True
  11. True
  12. sweets every day
  13. a need: food
  14. True
  15. False
  16. a roof over your head
  17. a need
  18. a toy robot
  19. True
  20. umbrellas and raincoats
  21. rice and dal
  22. a want
  23. False
  24. False
  25. False
  26. a fancy phone cover
  27. a need
  28. a third pair of shoes
  29. a school uniform
  30. a need
  31. a want
  32. a want
  33. True
  34. False
  35. school shoes
  36. a sticker album
  37. a toy robot
  38. a need
  39. a bigger TV
  40. a roof over your head

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