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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 664 · 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 wants (b) the most fun thing (c) the needs (d) the costliest thing
  2. 2.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a video game (d) a bigger TV
  3. 3.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a bigger TV (d) a party dress
  4. 4.Which of these is a need? (a) a bigger TV (b) bus fare to school (c) a party dress (d) a fancy phone cover
  5. 5.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) a roof over your head (d) a school uniform
  6. 6.🛒 Need or want: a toy robot? (a) a need (b) a want
  7. 7.True or false: “sweets every day” is a need. (a) False (b) True
  8. 8.True or false: “drinking water” is a want. (a) True (b) False
  9. 9.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
  10. 10.🛒 Need or want: bus fare to school? (a) a need (b) a want
  11. 11.Which of these is a need? (a) soap (b) designer sunglasses (c) a third pair of shoes (d) sweets every day
  12. 12.Which of these is a need? (a) designer sunglasses (b) rice and dal (c) a glitter pen set (d) a video game
  13. 13.True or false: “school shoes” is a want. (a) True (b) False
  14. 14.True or false: “rice and dal” is a need. (a) True (b) False
  15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
  16. 16.🛒 Need or want: a roof over your head? (a) a need (b) a want
  17. 17.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  18. 18.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) soap (d) designer sunglasses
  19. 19.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a bigger TV (d) a third pair of shoes
  20. 20.True or false: “bus fare to school” is a need. (a) False (b) True
  21. 21.Which of these is a want? (a) bus fare to school (b) soap (c) a video game (d) school shoes
  22. 22.True or false: “a party dress” is a want. (a) True (b) False
  23. 23.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  25. 25.True or false: “a video game” is a want. (a) True (b) False
  26. 26.Which of these is a need? (a) a party dress (b) sweets every day (c) school shoes (d) a glitter pen set
  27. 27.🛒 Need or want: a video game? (a) a want (b) a need
  28. 28.True or false: “medicine when ill” is a need. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a party dress (d) designer sunglasses
  30. 30.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  31. 31.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a party dress (d) a warm blanket
  32. 32.Which of these is a want? (a) a school uniform (b) a roof over your head (c) notebooks for school (d) sweets every day
  33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
  34. 34.🛒 Need or want: a party dress? (a) a want (b) a need
  35. 35.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a video game (d) a roof over your head
  36. 36.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
  38. 38.True or false: “a warm blanket” is a want. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) sweets every day (d) bus fare to school
  40. 40.True or false: “rice and dal” is a want. (a) False (b) True

Answer key

  1. the needs
  2. a warm blanket
  3. drinking water
  4. bus fare to school
  5. a sticker album
  6. a want
  7. False
  8. False
  9. many people want it
  10. a need
  11. soap
  12. rice and dal
  13. False
  14. True
  15. people always need them
  16. a need
  17. a need: food
  18. designer sunglasses
  19. a school uniform
  20. True
  21. a video game
  22. True
  23. we must have to live
  24. hot drinks
  25. True
  26. school shoes
  27. a want
  28. True
  29. bus fare to school
  30. a want
  31. a party dress
  32. sweets every day
  33. False
  34. a want
  35. a roof over your head
  36. a want
  37. a need
  38. False
  39. sweets every day
  40. False

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