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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 667 · 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 want? (a) rice and dal (b) a video game (c) school shoes (d) notebooks for school
  2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
  3. 3.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  4. 4.True or false: “bus fare to school” is a want. (a) False (b) True
  5. 5.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
  6. 6.🛒 Need or want: soap? (a) a need (b) a want
  7. 7.True or false: “a glitter pen set” is a need. (a) True (b) False
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
  9. 9.True or false: “a school uniform” is a need. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a bigger TV (d) a roof over your head
  11. 11.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
  13. 13.🛒 Need or want: a video game? (a) a need (b) a want
  14. 14.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  15. 15.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
  16. 16.Which of these is a want? (a) school shoes (b) sweets every day (c) rice and dal (d) soap
  17. 17.🔍 Which is the odd one out? (a) drinking water (b) a third pair of shoes (c) rice and dal (d) school shoes
  18. 18.True or false: “medicine when ill” is a need. (a) True (b) False
  19. 19.True or false: “designer sunglasses” is a want. (a) False (b) True
  20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  21. 21.True or false: “notebooks for school” is a want. (a) True (b) False
  22. 22.🛒 Need or want: a warm blanket? (a) a want (b) a need
  23. 23.True or false: “a glitter pen set” is a want. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) a sticker album (d) soap
  25. 25.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) school shoes (d) a sticker album
  26. 26.🛒 Need or want: a sticker album? (a) a need (b) a want
  27. 27.True or false: “bus fare to school” is a need. (a) True (b) False
  28. 28.Which of these is a want? (a) designer sunglasses (b) a school uniform (c) medicine when ill (d) a roof over your head
  29. 29.True or false: “school shoes” is a want. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) rice and dal (d) school shoes
  31. 31.True or false: “a fancy phone cover” is a want. (a) True (b) False
  32. 32.🛒 Need or want: a school uniform? (a) a want (b) a need
  33. 33.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a warm blanket (d) a glitter pen set
  34. 34.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) school shoes (d) soap
  35. 35.True or false: “a school uniform” is a want. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a fancy phone cover (d) rice and dal
  37. 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
  38. 38.True or false: “sweets every day” is a need. (a) False (b) True
  39. 39.True or false: “notebooks for school” is a need. (a) False (b) True
  40. 40.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats

Answer key

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

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