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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 741 · 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 bigger TV” is a need. (a) True (b) False
  2. 2.Which of these is a want? (a) rice and dal (b) medicine when ill (c) a third pair of shoes (d) a roof over your head
  3. 3.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) notebooks for school (d) school shoes
  4. 4.True or false: “a third pair of shoes” is a want. (a) False (b) True
  5. 5.True or false: “a roof over your head” is a need. (a) True (b) False
  6. 6.True or false: “a third pair of shoes” is a need. (a) True (b) False
  7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
  8. 8.Which of these is a want? (a) drinking water (b) a school uniform (c) a sticker album (d) bus fare to school
  9. 9.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a video game (d) a warm blanket
  10. 10.True or false: “a party dress” is a need. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a warm blanket (d) a bigger TV
  12. 12.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
  14. 14.Which of these is a want? (a) drinking water (b) notebooks for school (c) a school uniform (d) a fancy phone cover
  15. 15.🎯 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
  16. 16.🛒 Need or want: bus fare to school? (a) a need (b) a want
  17. 17.True or false: “a toy robot” is a want. (a) False (b) True
  18. 18.Which of these is a need? (a) a toy robot (b) school shoes (c) designer sunglasses (d) sweets every day
  19. 19.🛒 Need or want: school shoes? (a) a need (b) a want
  20. 20.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  21. 21.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  22. 22.Which of these is a need? (a) a third pair of shoes (b) soap (c) a party dress (d) a fancy phone cover
  23. 23.True or false: “a party dress” is a want. (a) False (b) True
  24. 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
  25. 25.True or false: “a sticker album” is a need. (a) False (b) True
  26. 26.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  27. 27.Which of these is a want? (a) a school uniform (b) a party dress (c) notebooks for school (d) school shoes
  28. 28.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) medicine when ill (d) a glitter pen set
  29. 29.Which of these is a need? (a) notebooks for school (b) a glitter pen set (c) a party dress (d) a video game
  30. 30.🛒 Need or want: a school uniform? (a) a need (b) a want
  31. 31.True or false: “drinking water” is a want. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a bigger TV (d) a warm blanket
  33. 33.True or false: “sweets every day” is a need. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a roof over your head (c) sweets every day (d) a video game
  35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
  36. 36.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a fancy phone cover (d) a roof over your head
  37. 37.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a party dress (d) medicine when ill
  38. 38.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a bigger TV (d) bus fare to school
  39. 39.True or false: “sweets every day” is a want. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a warm blanket (d) school shoes

Answer key

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

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