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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 74 · 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.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) soap (d) a video game
  2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) drinking water (d) a bigger TV
  3. 3.True or false: “a video game” is a need. (a) True (b) False
  4. 4.Which of these is a want? (a) sweets every day (b) a warm blanket (c) soap (d) a roof over your head
  5. 5.🛒 Need or want: a roof over your head? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) a video game (d) a party dress
  7. 7.🛒 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
  8. 8.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
  9. 9.Which of these is a need? (a) designer sunglasses (b) a video game (c) a fancy phone cover (d) school shoes
  10. 10.True or false: “medicine when ill” is a want. (a) True (b) False
  11. 11.Which of these is a want? (a) designer sunglasses (b) drinking water (c) medicine when ill (d) school shoes
  12. 12.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a video game (d) drinking water
  13. 13.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) sweets every day (d) a toy robot
  14. 14.Which of these is a want? (a) drinking water (b) a warm blanket (c) a party dress (d) a roof over your head
  15. 15.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  16. 16.🛒 Need or want: school shoes? (a) a need (b) a want
  17. 17.🛍️ 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
  18. 18.True or false: “a party dress” is a want. (a) False (b) True
  19. 19.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  20. 20.🛒 Need or want: sweets every day? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) drinking water (d) bus fare to school
  22. 22.🛒 Need or want: a sticker album? (a) a need (b) a want
  23. 23.Which of these is a want? (a) soap (b) notebooks for school (c) a glitter pen set (d) bus fare to school
  24. 24.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) bus fare to school (d) a fancy phone cover
  25. 25.Which of these is a want? (a) a roof over your head (b) soap (c) a warm blanket (d) a bigger TV
  26. 26.Which of these is a need? (a) a third pair of shoes (b) a video game (c) drinking water (d) designer sunglasses
  27. 27.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  28. 28.True or false: “bus fare to school” is a need. (a) False (b) True
  29. 29.🛒 Need or want: a warm blanket? (a) a want (b) a need
  30. 30.True or false: “a bigger TV” is a want. (a) False (b) True
  31. 31.Which of these is a want? (a) notebooks for school (b) soap (c) a sticker album (d) bus fare to school
  32. 32.True or false: “a school uniform” is a need. (a) False (b) True
  33. 33.True or false: “drinking water” is a need. (a) False (b) True
  34. 34.True or false: “a toy robot” is a need. (a) True (b) False
  35. 35.🛒 Need or want: a party dress? (a) a want (b) a need
  36. 36.True or false: “sweets every day” is a need. (a) False (b) True
  37. 37.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a glitter pen set (d) soap
  38. 38.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a roof over your head (d) sweets every day
  39. 39.Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) a toy robot (d) a third pair of shoes
  40. 40.🛒 Need or want: notebooks for school? (a) a need (b) a want

Answer key

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

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