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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 706 · 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.True or false: “a third pair of shoes” is a want. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a toy robot (d) a video game
  3. 3.True or false: “a third pair of shoes” is a need. (a) False (b) True
  4. 4.True or false: “medicine when ill” is a want. (a) False (b) True
  5. 5.🛒 Need or want: a roof over your head? (a) a want (b) a need
  6. 6.True or false: “school shoes” is a need. (a) False (b) True
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  8. 8.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a roof over your head (d) a fancy phone cover
  9. 9.🛒 Need or want: drinking water? (a) a want (b) a need
  10. 10.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) designer sunglasses (d) notebooks for school
  11. 11.🛒 Need or want: notebooks for school? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a warm blanket (d) a school uniform
  13. 13.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  14. 14.True or false: “school shoes” is a want. (a) True (b) False
  15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
  16. 16.🛒 Need or want: bus fare to school? (a) a want (b) a need
  17. 17.Which of these is a need? (a) a toy robot (b) a bigger TV (c) soap (d) a fancy phone cover
  18. 18.True or false: “soap” is a need. (a) False (b) True
  19. 19.True or false: “a video game” is a want. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) a sticker album (d) a video game
  21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) drinking water (d) rice and dal
  22. 22.Which of these is a need? (a) a video game (b) sweets every day (c) a toy robot (d) drinking water
  23. 23.Which of these is a want? (a) school shoes (b) a warm blanket (c) designer sunglasses (d) medicine when ill
  24. 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
  25. 25.🛒 Need or want: a school uniform? (a) a need (b) a want
  26. 26.True or false: “notebooks for school” is a need. (a) False (b) True
  27. 27.🛒 Need or want: school shoes? (a) a need (b) a want
  28. 28.True or false: “a fancy phone cover” is a need. (a) True (b) False
  29. 29.True or false: “a warm blanket” is a need. (a) False (b) True
  30. 30.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  31. 31.Which of these is a need? (a) school shoes (b) sweets every day (c) a toy robot (d) a video game
  32. 32.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) drinking water (d) a fancy phone cover
  33. 33.🛒 Need or want: soap? (a) a need (b) a want
  34. 34.🛒 Need or want: a party dress? (a) a want (b) a need
  35. 35.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  36. 36.True or false: “a toy robot” is a need. (a) False (b) True
  37. 37.Which of these is a want? (a) a warm blanket (b) a sticker album (c) school shoes (d) drinking water
  38. 38.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
  39. 39.Which of these is a want? (a) a roof over your head (b) rice and dal (c) school shoes (d) a party dress
  40. 40.🛒 Need or want: a third pair of shoes? (a) a want (b) a need

Answer key

  1. True
  2. bus fare to school
  3. False
  4. False
  5. a need
  6. True
  7. hot drinks
  8. a fancy phone cover
  9. a need
  10. notebooks for school
  11. a need
  12. a video game
  13. a want
  14. False
  15. people always need them
  16. a need
  17. soap
  18. True
  19. True
  20. soap
  21. a toy robot
  22. drinking water
  23. designer sunglasses
  24. a need
  25. a need
  26. True
  27. a need
  28. False
  29. True
  30. many people want it
  31. school shoes
  32. a fancy phone cover
  33. a need
  34. a want
  35. we must have to live
  36. False
  37. a sticker album
  38. the needs
  39. a party dress
  40. a want

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