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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 747 · 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 roof over your head” is a want. (a) True (b) False
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
  3. 3.True or false: “a video game” is a need. (a) False (b) True
  4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  5. 5.True or false: “soap” is a want. (a) False (b) True
  6. 6.Which of these is a need? (a) a party dress (b) a toy robot (c) sweets every day (d) school shoes
  7. 7.🛒 Need or want: a party dress? (a) a need (b) a want
  8. 8.🛒 Need or want: a bigger TV? (a) a want (b) a need
  9. 9.🎯 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
  10. 10.🛒 Need or want: soap? (a) a need (b) a want
  11. 11.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) notebooks for school (d) a fancy phone cover
  12. 12.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
  13. 13.True or false: “a school uniform” is a want. (a) False (b) True
  14. 14.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) a school uniform (d) a third pair of shoes
  15. 15.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  16. 16.🛒 Need or want: notebooks for school? (a) a need (b) a want
  17. 17.True or false: “a glitter pen set” is a want. (a) False (b) True
  18. 18.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) drinking water (d) notebooks for school
  19. 19.🛒 Need or want: rice and dal? (a) a want (b) a need
  20. 20.Which of these is a need? (a) a bigger TV (b) bus fare to school (c) a sticker album (d) a party dress
  21. 21.True or false: “a sticker album” is a need. (a) True (b) False
  22. 22.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
  23. 23.True or false: “notebooks for school” is a want. (a) False (b) True
  24. 24.🛒 Need or want: a roof over your head? (a) a want (b) a need
  25. 25.Which of these is a want? (a) a roof over your head (b) a sticker album (c) rice and dal (d) a warm blanket
  26. 26.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) drinking water (d) a fancy phone cover
  27. 27.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  28. 28.🛒 Need or want: sweets every day? (a) a want (b) a need
  29. 29.🛒 Need or want: a toy robot? (a) a need (b) a want
  30. 30.True or false: “school shoes” is a want. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a warm blanket (d) a video game
  32. 32.True or false: “a warm blanket” is a want. (a) False (b) True
  33. 33.Which of these is a want? (a) soap (b) notebooks for school (c) a toy robot (d) a warm blanket
  34. 34.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) rice and dal
  35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) medicine when ill (d) a third pair of shoes
  36. 36.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) soap (d) a glitter pen set
  37. 37.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  38. 38.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) a third pair of shoes (d) sweets every day
  39. 39.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) a toy robot (d) designer sunglasses
  40. 40.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) a roof over your head (d) school shoes

Answer key

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

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