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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 732 · 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.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
  3. 3.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) bus fare to school (d) a third pair of shoes
  4. 4.Which of these is a want? (a) a video game (b) notebooks for school (c) school shoes (d) soap
  5. 5.True or false: “a fancy phone cover” is a need. (a) False (b) True
  6. 6.Which of these is a need? (a) rice and dal (b) a party dress (c) designer sunglasses (d) a toy robot
  7. 7.Which of these is a want? (a) soap (b) a warm blanket (c) drinking water (d) a toy robot
  8. 8.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) notebooks for school (d) a toy robot
  9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) rice and dal (d) a warm blanket
  10. 10.Which of these is a need? (a) bus fare to school (b) sweets every day (c) a third pair of shoes (d) a bigger TV
  11. 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
  12. 12.Which of these is a need? (a) a bigger TV (b) medicine when ill (c) a glitter pen set (d) a sticker album
  13. 13.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  14. 14.Which of these is a need? (a) a party dress (b) a toy robot (c) a bigger TV (d) a school uniform
  15. 15.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  16. 16.True or false: “a sticker album” is a want. (a) False (b) True
  17. 17.Which of these is a need? (a) a toy robot (b) a bigger TV (c) notebooks for school (d) a glitter pen set
  18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  19. 19.🛒 Need or want: a sticker album? (a) a want (b) a need
  20. 20.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) bus fare to school (d) notebooks for school
  21. 21.Which of these is a need? (a) a roof over your head (b) a glitter pen set (c) sweets every day (d) a bigger TV
  22. 22.🛒 Need or want: a bigger TV? (a) a need (b) a want
  23. 23.🛒 Need or want: a roof over your head? (a) a need (b) a want
  24. 24.Which of these is a want? (a) notebooks for school (b) a bigger TV (c) a school uniform (d) a roof over your head
  25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) a video game (d) designer sunglasses
  26. 26.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) sweets every day (d) a bigger TV
  27. 27.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
  28. 28.True or false: “designer sunglasses” is a need. (a) False (b) True
  29. 29.Which of these is a want? (a) a glitter pen set (b) soap (c) a roof over your head (d) bus fare to school
  30. 30.True or false: “medicine when ill” is a need. (a) False (b) True
  31. 31.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
  32. 32.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) drinking water (d) designer sunglasses
  33. 33.True or false: “a warm blanket” is a want. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) a bigger TV (d) a video game
  35. 35.🛒 Need or want: a video game? (a) a need (b) a want
  36. 36.True or false: “a fancy phone cover” is a want. (a) True (b) False
  37. 37.🛒 Need or want: a warm blanket? (a) a need (b) a want
  38. 38.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  39. 39.🛒 Need or want: notebooks for school? (a) a need (b) a want
  40. 40.🛒 Need or want: bus fare to school? (a) a want (b) a need

Answer key

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

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