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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 728 · 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 school uniform” is a need. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a toy robot (d) a school uniform
  3. 3.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) a toy robot (d) school shoes
  4. 4.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  5. 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  6. 6.Which of these is a want? (a) school shoes (b) designer sunglasses (c) rice and dal (d) notebooks for school
  7. 7.🛒 Need or want: a sticker album? (a) a want (b) a need
  8. 8.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
  9. 9.True or false: “drinking water” is a want. (a) True (b) False
  10. 10.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) rice and dal (d) a third pair of shoes
  11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
  12. 12.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) a sticker album (d) designer sunglasses
  13. 13.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  14. 14.True or false: “a bigger TV” is a need. (a) True (b) False
  15. 15.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
  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 video game (b) a fancy phone cover (c) a sticker album (d) soap
  18. 18.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) drinking water (d) a fancy phone cover
  19. 19.True or false: “a third pair of shoes” is a need. (a) False (b) True
  20. 20.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) drinking water (d) a warm blanket
  21. 21.Which of these is a need? (a) a school uniform (b) a glitter pen set (c) a toy robot (d) a fancy phone cover
  22. 22.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) designer sunglasses (d) a bigger TV
  23. 23.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
  24. 24.True or false: “a party dress” is a need. (a) False (b) True
  25. 25.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) sweets every day (d) a fancy phone cover
  26. 26.True or false: “a video game” is a want. (a) False (b) True
  27. 27.🛒 Need or want: a video game? (a) a want (b) a need
  28. 28.Which of these is a need? (a) a toy robot (b) drinking water (c) a glitter pen set (d) a party dress
  29. 29.True or false: “rice and dal” is a want. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) soap (d) sweets every day
  31. 31.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a fancy phone cover (d) bus fare to school
  32. 32.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) notebooks for school (d) a third pair of shoes
  33. 33.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) school shoes (d) a third pair of shoes
  34. 34.🛍️ 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
  35. 35.True or false: “designer sunglasses” is a want. (a) True (b) False
  36. 36.True or false: “rice and dal” is a need. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) drinking water (d) a video game
  38. 38.🛒 Need or want: notebooks for school? (a) a want (b) a need
  39. 39.🛒 Need or want: a warm blanket? (a) a want (b) a need
  40. 40.Which of these is a want? (a) notebooks for school (b) a video game (c) school shoes (d) a school uniform

Answer key

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

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