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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 654 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
  2. 2.🛒 Need or want: notebooks for school? (a) a need (b) a want
  3. 3.True or false: “drinking water” is a want. (a) False (b) True
  4. 4.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
  5. 5.True or false: “a fancy phone cover” is a want. (a) True (b) False
  6. 6.🛒 Need or want: a sticker album? (a) a want (b) a need
  7. 7.True or false: “school shoes” is a need. (a) False (b) True
  8. 8.🛒 Need or want: drinking water? (a) a want (b) a need
  9. 9.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) bus fare to school (d) a video game
  10. 10.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a glitter pen set (d) school shoes
  11. 11.🛒 Need or want: medicine when ill? (a) a want (b) a need
  12. 12.🛒 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
  13. 13.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) a warm blanket (d) a school uniform
  14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) a bigger TV (b) bus fare to school (c) soap (d) notebooks for school
  16. 16.Which of these is a need? (a) a school uniform (b) a toy robot (c) a third pair of shoes (d) a party dress
  17. 17.True or false: “a fancy phone cover” is a need. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a video game (d) a glitter pen set
  19. 19.Which of these is a need? (a) bus fare to school (b) a glitter pen set (c) sweets every day (d) a third pair of shoes
  20. 20.True or false: “drinking water” is a need. (a) True (b) False
  21. 21.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  22. 22.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
  23. 23.🛒 Need or want: a video game? (a) a need (b) a want
  24. 24.Which of these is a want? (a) drinking water (b) designer sunglasses (c) school shoes (d) bus fare to school
  25. 25.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  26. 26.True or false: “medicine when ill” is a want. (a) False (b) True
  27. 27.Which of these is a want? (a) soap (b) school shoes (c) a party dress (d) notebooks for school
  28. 28.True or false: “rice and dal” is a want. (a) False (b) True
  29. 29.True or false: “a party dress” is a want. (a) False (b) True
  30. 30.True or false: “sweets every day” is a want. (a) False (b) True
  31. 31.🛒 Need or want: a warm blanket? (a) a need (b) a want
  32. 32.🛒 Need or want: bus fare to school? (a) a want (b) a need
  33. 33.True or false: “a warm blanket” is a need. (a) False (b) True
  34. 34.True or false: “a sticker album” is a need. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) sweets every day (d) a roof over your head
  36. 36.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) soap (d) a third pair of shoes
  37. 37.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) a glitter pen set (d) notebooks for school
  38. 38.🛒 Need or want: soap? (a) a want (b) a need
  39. 39.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a school uniform (d) soap
  40. 40.True or false: “a roof over your head” is a want. (a) True (b) False

Answer key

  1. people always need them
  2. a need
  3. False
  4. a need: food
  5. True
  6. a want
  7. True
  8. a need
  9. bus fare to school
  10. school shoes
  11. a need
  12. the needs
  13. a toy robot
  14. a want
  15. a bigger TV
  16. a school uniform
  17. False
  18. school shoes
  19. bus fare to school
  20. True
  21. we must have to live
  22. many people want it
  23. a want
  24. designer sunglasses
  25. hot drinks
  26. False
  27. a party dress
  28. False
  29. True
  30. True
  31. a need
  32. a need
  33. True
  34. False
  35. sweets every day
  36. soap
  37. a glitter pen set
  38. a need
  39. a video game
  40. False

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