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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 726 · 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: “medicine when ill” is a want. (a) True (b) False
  2. 2.🛒 Need or want: a sticker album? (a) a need (b) a want
  3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
  4. 4.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) school shoes (d) a party dress
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
  6. 6.🛒 Need or want: bus fare to school? (a) a want (b) a need
  7. 7.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  8. 8.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) a party dress (d) a fancy phone cover
  9. 9.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
  10. 10.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) designer sunglasses (d) a video game
  11. 11.True or false: “school shoes” is a want. (a) True (b) False
  12. 12.🛒 Need or want: a school uniform? (a) a need (b) a want
  13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) rice and dal (d) drinking water
  14. 14.🛒 Need or want: rice and dal? (a) a need (b) a want
  15. 15.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) soap (d) a third pair of shoes
  16. 16.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  17. 17.True or false: “a party dress” is a want. (a) False (b) True
  18. 18.True or false: “a roof over your head” is a need. (a) False (b) True
  19. 19.🛒 Need or want: soap? (a) a need (b) a want
  20. 20.True or false: “a video game” is a need. (a) False (b) True
  21. 21.🛒 Need or want: a bigger TV? (a) a need (b) a want
  22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a roof over your head (d) bus fare to school
  23. 23.🛒 Need or want: school shoes? (a) a need (b) a want
  24. 24.🛒 Need or want: sweets every day? (a) a need (b) a want
  25. 25.Which of these is a need? (a) sweets every day (b) notebooks for school (c) a third pair of shoes (d) a fancy phone cover
  26. 26.True or false: “rice and dal” is a need. (a) False (b) True
  27. 27.True or false: “drinking water” is a need. (a) False (b) True
  28. 28.True or false: “a bigger TV” is a need. (a) True (b) False
  29. 29.True or false: “a roof over your head” is a want. (a) True (b) False
  30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
  31. 31.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a party dress (d) a bigger TV
  32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a roof over your head (d) designer sunglasses
  33. 33.Which of these is a need? (a) soap (b) a glitter pen set (c) a third pair of shoes (d) a fancy phone cover
  34. 34.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) designer sunglasses (d) school shoes
  35. 35.True or false: “a warm blanket” is a want. (a) True (b) False
  36. 36.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
  37. 37.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) medicine when ill (d) school shoes
  38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
  39. 39.True or false: “a third pair of shoes” is a need. (a) True (b) False
  40. 40.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) a bigger TV (d) a warm blanket

Answer key

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

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