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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 660 · 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.Which of these is a need? (a) a warm blanket (b) designer sunglasses (c) a glitter pen set (d) a fancy phone cover
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
  3. 3.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  4. 4.True or false: “school shoes” is a need. (a) True (b) False
  5. 5.🎯 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
  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 sticker album (b) school shoes (c) a bigger TV (d) a video game
  8. 8.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  9. 9.True or false: “notebooks for school” is a want. (a) True (b) False
  10. 10.🛍️ 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
  11. 11.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) designer sunglasses (d) a school uniform
  12. 12.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a sticker album (d) drinking water
  13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
  14. 14.True or false: “a glitter pen set” is a need. (a) True (b) False
  15. 15.Which of these is a want? (a) drinking water (b) notebooks for school (c) soap (d) a fancy phone cover
  16. 16.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a fancy phone cover (d) drinking water
  17. 17.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  18. 18.True or false: “a sticker album” is a want. (a) True (b) False
  19. 19.True or false: “a school uniform” is a need. (a) False (b) True
  20. 20.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
  21. 21.Which of these is a want? (a) medicine when ill (b) soap (c) a warm blanket (d) a video game
  22. 22.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) a bigger TV (d) a school uniform
  23. 23.🛒 Need or want: a bigger TV? (a) a need (b) a want
  24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a glitter pen set (d) medicine when ill
  25. 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) designer sunglasses (d) a third pair of shoes
  26. 26.🛒 Need or want: medicine when ill? (a) a want (b) a need
  27. 27.True or false: “a bigger TV” is a want. (a) False (b) True
  28. 28.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) a fancy phone cover (d) a party dress
  29. 29.True or false: “school shoes” is a want. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) a fancy phone cover (d) sweets every day
  31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a third pair of shoes (d) school shoes
  32. 32.🛒 Need or want: school shoes? (a) a want (b) a need
  33. 33.True or false: “bus fare to school” is a want. (a) False (b) True
  34. 34.🛒 Need or want: a toy robot? (a) a need (b) a want
  35. 35.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
  36. 36.🛒 Need or want: a warm blanket? (a) a need (b) a want
  37. 37.🛒 Need or want: bus fare to school? (a) a want (b) a need
  38. 38.True or false: “a warm blanket” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a video game (d) soap
  40. 40.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) notebooks for school (d) a video game

Answer key

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

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