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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 697 · 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 is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a bigger TV (d) a sticker album
  2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) drinking water (d) a sticker album
  4. 4.Which of these is a want? (a) a school uniform (b) a video game (c) school shoes (d) bus fare to school
  5. 5.🛒 Need or want: drinking water? (a) a need (b) a want
  6. 6.🛒 Need or want: a video game? (a) a want (b) a need
  7. 7.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
  8. 8.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) a video game (d) a sticker album
  9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
  10. 10.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  11. 11.True or false: “soap” is a need. (a) False (b) True
  12. 12.True or false: “a toy robot” is a want. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) notebooks for school (d) a toy robot
  14. 14.🛒 Need or want: a roof over your head? (a) a need (b) a want
  15. 15.🛒 Need or want: school shoes? (a) a need (b) a want
  16. 16.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) a fancy phone cover (d) sweets every day
  17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) a party dress (d) a glitter pen set
  18. 18.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) school shoes (d) a third pair of shoes
  19. 19.True or false: “a bigger TV” is a need. (a) True (b) False
  20. 20.🛒 Need or want: a toy robot? (a) a need (b) a want
  21. 21.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a third pair of shoes (d) drinking water
  22. 22.🛒 Need or want: rice and dal? (a) a want (b) a need
  23. 23.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  24. 24.Which of these is a need? (a) a fancy phone cover (b) a school uniform (c) a party dress (d) designer sunglasses
  25. 25.🛒 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
  26. 26.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) sweets every day (d) drinking water
  27. 27.True or false: “designer sunglasses” is a need. (a) True (b) False
  28. 28.True or false: “rice and dal” is a need. (a) False (b) True
  29. 29.Which of these is a want? (a) a sticker album (b) a school uniform (c) drinking water (d) notebooks for school
  30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
  31. 31.True or false: “a fancy phone cover” is a need. (a) True (b) False
  32. 32.True or false: “rice and dal” is a want. (a) False (b) True
  33. 33.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a fancy phone cover (d) a warm blanket
  34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a video game (d) a third pair of shoes
  35. 35.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a party dress (d) a video game
  36. 36.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  37. 37.True or false: “drinking water” is a need. (a) True (b) False
  38. 38.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
  39. 39.🛒 Need or want: a party dress? (a) a need (b) a want
  40. 40.True or false: “drinking water” is a want. (a) False (b) True

Answer key

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

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