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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 730 · 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: “designer sunglasses” is a want. (a) False (b) True
  2. 2.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
  3. 3.True or false: “medicine when ill” is a want. (a) True (b) False
  4. 4.True or false: “a glitter pen set” is a want. (a) True (b) False
  5. 5.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  6. 6.Which of these is a need? (a) a video game (b) a sticker album (c) a toy robot (d) a school uniform
  7. 7.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
  8. 8.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a video game (d) a party dress
  9. 9.Which of these is a want? (a) drinking water (b) soap (c) medicine when ill (d) a bigger TV
  10. 10.🛒 Need or want: a school uniform? (a) a need (b) a want
  11. 11.True or false: “a school uniform” is a need. (a) False (b) True
  12. 12.Which of these is a want? (a) drinking water (b) bus fare to school (c) a roof over your head (d) a third pair of shoes
  13. 13.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) school shoes (d) a toy robot
  14. 14.🔍 Which is the odd one out? (a) medicine when ill (b) a roof over your head (c) designer sunglasses (d) drinking water
  15. 15.🔍 Which is the odd one out? (a) a video game (b) drinking water (c) a fancy phone cover (d) a glitter pen set
  16. 16.🛍️ 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
  17. 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  18. 18.True or false: “a third pair of shoes” is a need. (a) True (b) False
  19. 19.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a fancy phone cover (d) a roof over your head
  20. 20.🛒 Need or want: a video game? (a) a want (b) a need
  21. 21.True or false: “sweets every day” is a need. (a) True (b) False
  22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) notebooks for school (d) medicine when ill
  23. 23.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  24. 24.🛒 Need or want: a sticker album? (a) a want (b) a need
  25. 25.🛒 Need or want: rice and dal? (a) a want (b) a need
  26. 26.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) school shoes (d) a toy robot
  27. 27.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
  28. 28.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) rice and dal (d) a party dress
  29. 29.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  30. 30.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  31. 31.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a party dress (d) medicine when ill
  32. 32.True or false: “a fancy phone cover” is a want. (a) True (b) False
  33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
  34. 34.True or false: “soap” is a need. (a) True (b) False
  35. 35.Which of these is a need? (a) a bigger TV (b) a party dress (c) bus fare to school (d) designer sunglasses
  36. 36.🛒 Need or want: a toy robot? (a) a need (b) a want
  37. 37.Which of these is a need? (a) a video game (b) a fancy phone cover (c) school shoes (d) a toy robot
  38. 38.Which of these is a want? (a) rice and dal (b) a school uniform (c) medicine when ill (d) a sticker album
  39. 39.True or false: “a roof over your head” is a want. (a) True (b) False
  40. 40.True or false: “notebooks for school” is a want. (a) True (b) False

Answer key

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

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