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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 743 · 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.

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

Answer key

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

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