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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 645 · 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 fancy phone cover? (a) a need (b) a want
  2. 2.Which of these is a want? (a) rice and dal (b) notebooks for school (c) school shoes (d) a bigger TV
  3. 3.True or false: “a sticker album” is a want. (a) False (b) True
  4. 4.🛒 Need or want: a toy robot? (a) a want (b) a need
  5. 5.True or false: “a third pair of shoes” is a need. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) a video game (d) designer sunglasses
  7. 7.True or false: “sweets every day” is a need. (a) False (b) True
  8. 8.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) sweets every day (d) medicine when ill
  9. 9.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  10. 10.🛒 Need or want: a roof over your head? (a) a want (b) a need
  11. 11.True or false: “a glitter pen set” is a need. (a) False (b) True
  12. 12.True or false: “a party dress” is a need. (a) True (b) False
  13. 13.True or false: “rice and dal” is a want. (a) False (b) True
  14. 14.🛒 Need or want: medicine when ill? (a) a need (b) a want
  15. 15.True or false: “a roof over your head” is a want. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a glitter pen set (d) a roof over your head
  17. 17.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) a toy robot (d) a fancy phone cover
  18. 18.True or false: “notebooks for school” is a need. (a) True (b) False
  19. 19.🛒 Need or want: school shoes? (a) a need (b) a want
  20. 20.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) a sticker album (d) designer sunglasses
  21. 21.True or false: “designer sunglasses” is a need. (a) False (b) True
  22. 22.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  23. 23.Which of these is a need? (a) medicine when ill (b) sweets every day (c) a bigger TV (d) a fancy phone cover
  24. 24.🛒 Need or want: sweets every day? (a) a want (b) a need
  25. 25.Which of these is a need? (a) a glitter pen set (b) a video game (c) a sticker album (d) a roof over your head
  26. 26.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a video game (d) a toy robot
  27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a warm blanket (d) sweets every day
  28. 28.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) bus fare to school (d) school shoes
  29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) sweets every day (d) a school uniform
  30. 30.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a video game (d) a toy robot
  31. 31.True or false: “a school uniform” is a want. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) drinking water (d) a toy robot
  33. 33.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) a fancy phone cover (d) medicine when ill
  34. 34.True or false: “a video game” is a need. (a) False (b) True
  35. 35.True or false: “a toy robot” is a need. (a) True (b) False
  36. 36.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
  37. 37.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) drinking water (d) a party dress
  38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
  39. 39.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
  40. 40.🛒 Need or want: a glitter pen set? (a) a need (b) a want

Answer key

  1. a want
  2. a bigger TV
  3. True
  4. a want
  5. False
  6. a warm blanket
  7. False
  8. sweets every day
  9. many people want it
  10. a need
  11. False
  12. False
  13. False
  14. a need
  15. False
  16. a glitter pen set
  17. rice and dal
  18. True
  19. a need
  20. medicine when ill
  21. False
  22. a want
  23. medicine when ill
  24. a want
  25. a roof over your head
  26. bus fare to school
  27. sweets every day
  28. a fancy phone cover
  29. a school uniform
  30. bus fare to school
  31. False
  32. a toy robot
  33. a fancy phone cover
  34. False
  35. False
  36. the needs
  37. a party dress
  38. a need
  39. we must have to live
  40. a want

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