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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 689 · 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 needs (b) the wants (c) the costliest thing (d) the most fun thing
  2. 2.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a warm blanket (d) a glitter pen set
  3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) rice and dal (d) drinking water
  4. 4.True or false: “a school uniform” is a want. (a) False (b) True
  5. 5.🛒 Need or want: soap? (a) a need (b) a want
  6. 6.True or false: “a fancy phone cover” is a want. (a) True (b) False
  7. 7.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) soap (d) a fancy phone cover
  8. 8.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  9. 9.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  10. 10.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a party dress (d) bus fare to school
  11. 11.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a glitter pen set (d) drinking water
  12. 12.🛒 Need or want: a roof over your head? (a) a want (b) a need
  13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
  14. 14.Which of these is a want? (a) drinking water (b) soap (c) a warm blanket (d) a sticker album
  15. 15.🛒 Need or want: sweets every day? (a) a need (b) a want
  16. 16.🛒 Need or want: a sticker album? (a) a need (b) a want
  17. 17.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a toy robot (d) school shoes
  18. 18.True or false: “rice and dal” is a need. (a) False (b) True
  19. 19.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
  20. 20.True or false: “medicine when ill” is a want. (a) False (b) True
  21. 21.True or false: “designer sunglasses” is a need. (a) True (b) False
  22. 22.True or false: “a party dress” is a want. (a) True (b) False
  23. 23.True or false: “drinking water” is a want. (a) False (b) True
  24. 24.True or false: “school shoes” is a want. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) soap (d) a fancy phone cover
  26. 26.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  27. 27.🛒 Need or want: a video game? (a) a need (b) a want
  28. 28.🛒 Need or want: school shoes? (a) a need (b) a want
  29. 29.True or false: “a fancy phone cover” is a need. (a) True (b) False
  30. 30.True or false: “soap” is a need. (a) True (b) False
  31. 31.True or false: “a sticker album” is a want. (a) True (b) False
  32. 32.True or false: “drinking water” is a need. (a) False (b) True
  33. 33.🛒 Need or want: a school uniform? (a) a want (b) a need
  34. 34.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) a fancy phone cover (d) a toy robot
  35. 35.Which of these is a want? (a) drinking water (b) a fancy phone cover (c) bus fare to school (d) a warm blanket
  36. 36.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a school uniform (d) a video game
  37. 37.True or false: “a bigger TV” is a want. (a) False (b) True
  38. 38.Which of these is a need? (a) a toy robot (b) a sticker album (c) a school uniform (d) sweets every day
  39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) designer sunglasses (d) medicine when ill
  40. 40.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them

Answer key

  1. the needs
  2. a warm blanket
  3. a bigger TV
  4. False
  5. a need
  6. True
  7. soap
  8. a want
  9. we must have to live
  10. bus fare to school
  11. a glitter pen set
  12. a need
  13. a need
  14. a sticker album
  15. a want
  16. a want
  17. school shoes
  18. True
  19. a need: food
  20. False
  21. False
  22. True
  23. False
  24. False
  25. a fancy phone cover
  26. umbrellas and raincoats
  27. a want
  28. a need
  29. False
  30. True
  31. True
  32. True
  33. a need
  34. a school uniform
  35. a fancy phone cover
  36. a video game
  37. True
  38. a school uniform
  39. designer sunglasses
  40. people always need them

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