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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 71 · 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 party dress (b) a video game (c) notebooks for school (d) a fancy phone cover
  2. 2.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
  3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) a school uniform (d) a third pair of shoes
  4. 4.🛒 Need or want: medicine when ill? (a) a need (b) a want
  5. 5.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a third pair of shoes (d) a video game
  6. 6.🛒 Need or want: sweets every day? (a) a need (b) a want
  7. 7.🛒 Need or want: a warm blanket? (a) a need (b) a want
  8. 8.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) designer sunglasses (d) a school uniform
  9. 9.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
  10. 10.🛒 Need or want: drinking water? (a) a need (b) a want
  11. 11.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) soap (d) a warm blanket
  12. 12.True or false: “a party dress” is a need. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) a bigger TV (d) designer sunglasses
  14. 14.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) notebooks for school (d) school shoes
  15. 15.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) bus fare to school (d) a bigger TV
  16. 16.🛒 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
  17. 17.🛒 Need or want: a party dress? (a) a need (b) a want
  18. 18.🛒 Need or want: notebooks for school? (a) a need (b) a want
  19. 19.True or false: “notebooks for school” is a need. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) school shoes (d) a bigger TV
  21. 21.True or false: “a roof over your head” is a need. (a) False (b) True
  22. 22.True or false: “a school uniform” is a want. (a) True (b) False
  23. 23.True or false: “a school uniform” is a need. (a) False (b) True
  24. 24.True or false: “medicine when ill” is a need. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) rice and dal (d) notebooks for school
  26. 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
  27. 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
  28. 28.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
  29. 29.True or false: “designer sunglasses” is a need. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) medicine when ill (d) a roof over your head
  31. 31.🛒 Need or want: soap? (a) a want (b) a need
  32. 32.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  33. 33.True or false: “a bigger TV” is a need. (a) False (b) True
  34. 34.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  35. 35.Which of these is a need? (a) a warm blanket (b) a video game (c) a party dress (d) sweets every day
  36. 36.True or false: “bus fare to school” is a want. (a) True (b) False
  37. 37.🛒 Need or want: a sticker album? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) a party dress (d) a warm blanket
  39. 39.True or false: “designer sunglasses” is a want. (a) True (b) False
  40. 40.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) soap (d) bus fare to school

Answer key

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

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