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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 652 · 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.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  2. 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
  4. 4.🛒 Need or want: a video game? (a) a need (b) a want
  5. 5.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a video game (d) a sticker album
  6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a party dress (d) soap
  7. 7.True or false: “medicine when ill” is a need. (a) True (b) False
  8. 8.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  9. 9.Which of these is a need? (a) a bigger TV (b) a party dress (c) medicine when ill (d) sweets every day
  10. 10.True or false: “a video game” is a want. (a) True (b) False
  11. 11.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) a video game (d) rice and dal
  12. 12.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) a roof over your head (d) a warm blanket
  13. 13.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
  14. 14.True or false: “a fancy phone cover” is a need. (a) False (b) True
  15. 15.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) rice and dal (d) a third pair of shoes
  16. 16.True or false: “a roof over your head” is a need. (a) True (b) False
  17. 17.Which of these is a need? (a) a toy robot (b) notebooks for school (c) sweets every day (d) a third pair of shoes
  18. 18.True or false: “a third pair of shoes” is a need. (a) False (b) True
  19. 19.True or false: “notebooks for school” is a want. (a) True (b) False
  20. 20.True or false: “a warm blanket” is a want. (a) False (b) True
  21. 21.True or false: “sweets every day” is a need. (a) True (b) False
  22. 22.🛒 Need or want: a sticker album? (a) a want (b) a need
  23. 23.Which of these is a want? (a) school shoes (b) soap (c) a party dress (d) a warm blanket
  24. 24.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a third pair of shoes (d) notebooks for school
  25. 25.🛒 Need or want: bus fare to school? (a) a want (b) a need
  26. 26.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a toy robot (d) a party dress
  27. 27.True or false: “designer sunglasses” is a need. (a) True (b) False
  28. 28.True or false: “a fancy phone cover” is a want. (a) False (b) True
  29. 29.True or false: “drinking water” is a need. (a) True (b) False
  30. 30.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) bus fare to school (d) sweets every day
  31. 31.🛒 Need or want: notebooks for school? (a) a want (b) a need
  32. 32.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
  33. 33.🛒 Need or want: a warm blanket? (a) a want (b) a need
  34. 34.🛒 Need or want: a bigger TV? (a) a want (b) a need
  35. 35.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  36. 36.🛒 Need or want: school shoes? (a) a want (b) a need
  37. 37.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
  38. 38.Which of these is a want? (a) a school uniform (b) a warm blanket (c) soap (d) a fancy phone cover
  39. 39.Which of these is a need? (a) sweets every day (b) drinking water (c) a glitter pen set (d) a toy robot
  40. 40.True or false: “bus fare to school” is a need. (a) True (b) False

Answer key

  1. hot drinks
  2. the needs
  3. a need
  4. a want
  5. soap
  6. a party dress
  7. True
  8. a need: food
  9. medicine when ill
  10. True
  11. a video game
  12. a third pair of shoes
  13. people always need them
  14. False
  15. rice and dal
  16. True
  17. notebooks for school
  18. False
  19. False
  20. False
  21. False
  22. a want
  23. a party dress
  24. a third pair of shoes
  25. a need
  26. rice and dal
  27. False
  28. True
  29. True
  30. bus fare to school
  31. a need
  32. we must have to live
  33. a need
  34. a want
  35. many people want it
  36. a need
  37. umbrellas and raincoats
  38. a fancy phone cover
  39. drinking water
  40. True

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