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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 757 · 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 want. (a) True (b) False
  2. 2.True or false: “a roof over your head” is a want. (a) False (b) True
  3. 3.True or false: “a sticker album” is a need. (a) True (b) False
  4. 4.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
  5. 5.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) a roof over your head (d) a warm blanket
  6. 6.🛒 Need or want: soap? (a) a need (b) a want
  7. 7.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) school shoes (d) a third pair of shoes
  8. 8.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
  9. 9.🎯 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
  10. 10.Which of these is a want? (a) a roof over your head (b) rice and dal (c) a toy robot (d) soap
  11. 11.🛒 Need or want: a video game? (a) a need (b) a want
  12. 12.🛒 Need or want: a sticker album? (a) a need (b) a want
  13. 13.🛒 Need or want: notebooks for school? (a) a need (b) a want
  14. 14.True or false: “a bigger TV” is a need. (a) False (b) True
  15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  16. 16.Which of these is a want? (a) drinking water (b) a warm blanket (c) a sticker album (d) soap
  17. 17.Which of these is a want? (a) notebooks for school (b) rice and dal (c) drinking water (d) a third pair of shoes
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
  19. 19.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a warm blanket (d) designer sunglasses
  20. 20.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a video game (d) a warm blanket
  21. 21.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  22. 22.True or false: “a video game” is a want. (a) False (b) True
  23. 23.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  26. 26.Which of these is a want? (a) a school uniform (b) a bigger TV (c) rice and dal (d) soap
  27. 27.True or false: “a fancy phone cover” is a need. (a) True (b) False
  28. 28.Which of these is a want? (a) school shoes (b) a video game (c) a roof over your head (d) notebooks for school
  29. 29.Which of these is a need? (a) designer sunglasses (b) a video game (c) a warm blanket (d) a third pair of shoes
  30. 30.True or false: “designer sunglasses” is a want. (a) False (b) True
  31. 31.True or false: “sweets every day” is a need. (a) False (b) True
  32. 32.True or false: “soap” is a need. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) a warm blanket (c) soap (d) medicine when ill
  34. 34.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a sticker album (d) soap
  35. 35.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a toy robot (d) a glitter pen set
  36. 36.True or false: “a video game” is a need. (a) False (b) True
  37. 37.🛒 Need or want: sweets every day? (a) a need (b) a want
  38. 38.True or false: “a third pair of shoes” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) a video game (b) designer sunglasses (c) a glitter pen set (d) bus fare to school
  40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) a roof over your head (d) a school uniform

Answer key

  1. True
  2. False
  3. False
  4. we must have to live
  5. sweets every day
  6. a need
  7. school shoes
  8. the needs
  9. many people want it
  10. a toy robot
  11. a want
  12. a want
  13. a need
  14. False
  15. a want
  16. a sticker album
  17. a third pair of shoes
  18. umbrellas and raincoats
  19. designer sunglasses
  20. a video game
  21. a want
  22. True
  23. a need: food
  24. hot drinks
  25. people always need them
  26. a bigger TV
  27. False
  28. a video game
  29. a warm blanket
  30. True
  31. False
  32. True
  33. a bigger TV
  34. soap
  35. rice and dal
  36. False
  37. a want
  38. True
  39. bus fare to school
  40. a fancy phone cover

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