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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 712 · 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 costliest thing (b) the wants (c) the most fun thing (d) the needs
  2. 2.🛒 Need or want: a toy robot? (a) a need (b) a want
  3. 3.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  4. 4.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  5. 5.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a warm blanket (d) a toy robot
  6. 6.🛒 Need or want: a warm blanket? (a) a need (b) a want
  7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  8. 8.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  9. 9.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
  10. 10.True or false: “a sticker album” is a need. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a third pair of shoes (d) medicine when ill
  12. 12.🛒 Need or want: medicine when ill? (a) a need (b) a want
  13. 13.🎯 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
  14. 14.Which of these is a want? (a) school shoes (b) rice and dal (c) a fancy phone cover (d) a school uniform
  15. 15.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) soap (d) a school uniform
  16. 16.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) notebooks for school (d) drinking water
  17. 17.True or false: “school shoes” is a want. (a) False (b) True
  18. 18.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) medicine when ill (d) school shoes
  19. 19.True or false: “a video game” is a want. (a) True (b) False
  20. 20.True or false: “bus fare to school” is a need. (a) True (b) False
  21. 21.🛒 Need or want: sweets every day? (a) a need (b) a want
  22. 22.Which of these is a want? (a) bus fare to school (b) soap (c) rice and dal (d) a toy robot
  23. 23.Which of these is a want? (a) soap (b) a video game (c) drinking water (d) school shoes
  24. 24.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a roof over your head (d) a glitter pen set
  25. 25.True or false: “a bigger TV” is a need. (a) True (b) False
  26. 26.Which of these is a want? (a) a warm blanket (b) school shoes (c) a third pair of shoes (d) soap
  27. 27.True or false: “designer sunglasses” is a need. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a toy robot (b) a sticker album (c) a fancy phone cover (d) school shoes
  29. 29.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a third pair of shoes (d) a sticker album
  30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a warm blanket (d) a glitter pen set
  31. 31.True or false: “a school uniform” is a want. (a) True (b) False
  32. 32.🛒 Need or want: rice and dal? (a) a want (b) a need
  33. 33.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  34. 34.🛒 Need or want: a video game? (a) a want (b) a need
  35. 35.True or false: “a third pair of shoes” is a want. (a) True (b) False
  36. 36.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
  37. 37.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a warm blanket (d) a toy robot
  38. 38.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) notebooks for school (d) sweets every day
  39. 39.🛒 Need or want: a bigger TV? (a) a need (b) a want
  40. 40.Which of these is a need? (a) soap (b) a third pair of shoes (c) a party dress (d) a toy robot

Answer key

  1. the needs
  2. a want
  3. a want
  4. we must have to live
  5. a toy robot
  6. a need
  7. people always need them
  8. hot drinks
  9. umbrellas and raincoats
  10. False
  11. medicine when ill
  12. a need
  13. many people want it
  14. a fancy phone cover
  15. designer sunglasses
  16. a third pair of shoes
  17. False
  18. a party dress
  19. True
  20. True
  21. a want
  22. a toy robot
  23. a video game
  24. a roof over your head
  25. False
  26. a third pair of shoes
  27. False
  28. school shoes
  29. drinking water
  30. a glitter pen set
  31. False
  32. a need
  33. a want
  34. a want
  35. True
  36. a need: food
  37. a warm blanket
  38. notebooks for school
  39. a want
  40. soap

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