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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 648 · 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 needs (b) the wants (c) the costliest thing (d) the most fun thing
  2. 2.Which of these is a need? (a) soap (b) a glitter pen set (c) a sticker album (d) sweets every day
  3. 3.True or false: “a sticker album” is a need. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) a fancy phone cover (d) a roof over your head
  5. 5.True or false: “soap” is a need. (a) False (b) True
  6. 6.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  7. 7.Which of these is a need? (a) a glitter pen set (b) a roof over your head (c) a sticker album (d) a video game
  8. 8.True or false: “bus fare to school” is a need. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) notebooks for school (d) a bigger TV
  10. 10.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  11. 11.🛒 Need or want: soap? (a) a need (b) a want
  12. 12.🛒 Need or want: a roof over your head? (a) a want (b) a need
  13. 13.Which of these is a want? (a) a roof over your head (b) a school uniform (c) notebooks for school (d) designer sunglasses
  14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) bus fare to school (d) a roof over your head
  15. 15.True or false: “a school uniform” is a want. (a) False (b) True
  16. 16.True or false: “school shoes” is a want. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) sweets every day (d) medicine when ill
  18. 18.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  19. 19.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a warm blanket (d) a roof over your head
  20. 20.True or false: “a school uniform” is a need. (a) False (b) True
  21. 21.True or false: “a warm blanket” is a want. (a) True (b) False
  22. 22.🛒 Need or want: medicine when ill? (a) a want (b) a need
  23. 23.True or false: “sweets every day” is a want. (a) False (b) True
  24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
  26. 26.🛒 Need or want: bus fare to school? (a) a want (b) a need
  27. 27.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a toy robot (d) a school uniform
  28. 28.True or false: “school shoes” is a need. (a) True (b) False
  29. 29.True or false: “a glitter pen set” is a want. (a) False (b) True
  30. 30.🛒 Need or want: rice and dal? (a) a need (b) a want
  31. 31.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a third pair of shoes (d) a toy robot
  32. 32.True or false: “drinking water” is a want. (a) True (b) False
  33. 33.🎯 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
  34. 34.Which of these is a want? (a) drinking water (b) bus fare to school (c) soap (d) a bigger TV
  35. 35.True or false: “a toy robot” is a want. (a) True (b) False
  36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) a school uniform (b) a sticker album (c) notebooks for school (d) drinking water
  38. 38.Which of these is a want? (a) a sticker album (b) school shoes (c) rice and dal (d) bus fare to school
  39. 39.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) a school uniform (d) a bigger TV
  40. 40.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) medicine when ill (d) a fancy phone cover

Answer key

  1. the needs
  2. soap
  3. False
  4. a roof over your head
  5. True
  6. a want
  7. a roof over your head
  8. True
  9. a bigger TV
  10. a want
  11. a need
  12. a need
  13. designer sunglasses
  14. a fancy phone cover
  15. False
  16. False
  17. medicine when ill
  18. a need: food
  19. a party dress
  20. True
  21. False
  22. a need
  23. True
  24. a need
  25. people always need them
  26. a need
  27. a school uniform
  28. True
  29. True
  30. a need
  31. drinking water
  32. False
  33. many people want it
  34. a bigger TV
  35. True
  36. a want
  37. a sticker album
  38. a sticker album
  39. a school uniform
  40. medicine when ill

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