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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 722 · 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.True or false: “a sticker album” is a want. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) bus fare to school (d) soap
  3. 3.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) a party dress (d) notebooks for school
  4. 4.True or false: “a school uniform” is a want. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) school shoes (d) rice and dal
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
  7. 7.Which of these is a need? (a) a toy robot (b) a party dress (c) a fancy phone cover (d) soap
  8. 8.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
  9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
  10. 10.🛒 Need or want: a bigger TV? (a) a need (b) a want
  11. 11.🛒 Need or want: notebooks for school? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) a fancy phone cover (d) a roof over your head
  13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
  14. 14.True or false: “a bigger TV” is a need. (a) True (b) False
  15. 15.🛒 Need or want: rice and dal? (a) a need (b) a want
  16. 16.Which of these is a need? (a) a party dress (b) a bigger TV (c) a third pair of shoes (d) a school uniform
  17. 17.Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) rice and dal (d) soap
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  19. 19.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) a toy robot (d) soap
  20. 20.True or false: “a warm blanket” is a need. (a) True (b) False
  21. 21.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  22. 22.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) a bigger TV (d) drinking water
  23. 23.🛒 Need or want: a school uniform? (a) a want (b) a need
  24. 24.🛒 Need or want: a sticker album? (a) a want (b) a need
  25. 25.🛒 Need or want: a warm blanket? (a) a want (b) a need
  26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) drinking water (d) soap
  27. 27.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) drinking water (d) notebooks for school
  28. 28.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) soap (d) a third pair of shoes
  29. 29.True or false: “drinking water” is a want. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) notebooks for school (d) a school uniform
  31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) soap (c) a roof over your head (d) a fancy phone cover
  32. 32.True or false: “a video game” is a want. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a bigger TV (d) medicine when ill
  34. 34.Which of these is a want? (a) rice and dal (b) a party dress (c) a school uniform (d) soap
  35. 35.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) rice and dal (d) a sticker album
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a video game (d) a glitter pen set
  37. 37.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
  38. 38.Which of these is a want? (a) a warm blanket (b) sweets every day (c) school shoes (d) medicine when ill
  39. 39.🛒 Need or want: soap? (a) a want (b) a need
  40. 40.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) a roof over your head (d) sweets every day

Answer key

  1. True
  2. a party dress
  3. notebooks for school
  4. False
  5. a third pair of shoes
  6. people always need them
  7. soap
  8. the needs
  9. a need
  10. a want
  11. a need
  12. a roof over your head
  13. a need
  14. False
  15. a need
  16. a school uniform
  17. a fancy phone cover
  18. umbrellas and raincoats
  19. a toy robot
  20. True
  21. we must have to live
  22. drinking water
  23. a need
  24. a want
  25. a need
  26. designer sunglasses
  27. designer sunglasses
  28. a third pair of shoes
  29. False
  30. a sticker album
  31. a fancy phone cover
  32. True
  33. a bigger TV
  34. a party dress
  35. rice and dal
  36. a warm blanket
  37. hot drinks
  38. sweets every day
  39. a need
  40. sweets every day

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