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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 699 · 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 bigger TV (b) bus fare to school (c) a party dress (d) a sticker album
  2. 2.Which of these is a need? (a) a video game (b) soap (c) a sticker album (d) a fancy phone cover
  3. 3.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a bigger TV (d) a party dress
  4. 4.True or false: “school shoes” is a need. (a) False (b) True
  5. 5.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) a party dress (d) a bigger TV
  6. 6.True or false: “rice and dal” is a want. (a) False (b) True
  7. 7.True or false: “a video game” is a want. (a) False (b) True
  8. 8.Which of these is a need? (a) a toy robot (b) a sticker album (c) a glitter pen set (d) drinking water
  9. 9.🛒 Need or want: a school uniform? (a) a want (b) a need
  10. 10.🛒 Need or want: a sticker album? (a) a want (b) a need
  11. 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) sweets every day (d) a fancy phone cover
  13. 13.Which of these is a want? (a) a warm blanket (b) a toy robot (c) a school uniform (d) rice and dal
  14. 14.🔍 Which is the odd one out? (a) a video game (b) drinking water (c) a party dress (d) sweets every day
  15. 15.Which of these is a need? (a) medicine when ill (b) a third pair of shoes (c) a fancy phone cover (d) a video game
  16. 16.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a toy robot (d) medicine when ill
  17. 17.🎯 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
  18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  19. 19.🛒 Need or want: notebooks for school? (a) a want (b) a need
  20. 20.🛒 Need or want: rice and dal? (a) a want (b) a need
  21. 21.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  22. 22.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) rice and dal (d) designer sunglasses
  23. 23.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
  24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) a warm blanket (d) notebooks for school
  25. 25.🛒 Need or want: school shoes? (a) a want (b) a need
  26. 26.True or false: “a roof over your head” is a want. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) a third pair of shoes (d) soap
  28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
  29. 29.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a bigger TV (d) school shoes
  30. 30.True or false: “a glitter pen set” is a need. (a) False (b) True
  31. 31.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a video game (d) a warm blanket
  32. 32.True or false: “bus fare to school” is a want. (a) True (b) False
  33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
  34. 34.True or false: “a sticker album” is a want. (a) True (b) False
  35. 35.🛒 Need or want: a video game? (a) a want (b) a need
  36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
  37. 37.Which of these is a want? (a) rice and dal (b) drinking water (c) a fancy phone cover (d) school shoes
  38. 38.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) drinking water (d) a warm blanket
  39. 39.True or false: “a sticker album” is a need. (a) False (b) True
  40. 40.True or false: “drinking water” is a want. (a) True (b) False

Answer key

  1. bus fare to school
  2. soap
  3. school shoes
  4. True
  5. rice and dal
  6. False
  7. True
  8. drinking water
  9. a need
  10. a want
  11. a want
  12. medicine when ill
  13. a toy robot
  14. drinking water
  15. medicine when ill
  16. a toy robot
  17. many people want it
  18. a want
  19. a need
  20. a need
  21. the needs
  22. rice and dal
  23. we must have to live
  24. designer sunglasses
  25. a need
  26. False
  27. a third pair of shoes
  28. people always need them
  29. a bigger TV
  30. False
  31. a warm blanket
  32. False
  33. a need
  34. True
  35. a want
  36. True
  37. a fancy phone cover
  38. a third pair of shoes
  39. False
  40. False

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