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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 773 · 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.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a video game (d) a sticker album
  2. 2.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a bigger TV (d) a party dress
  3. 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
  4. 4.True or false: “a school uniform” is a want. (a) False (b) True
  5. 5.Which of these is a want? (a) notebooks for school (b) a sticker album (c) bus fare to school (d) drinking water
  6. 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  7. 7.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) school shoes (d) a video game
  8. 8.True or false: “a third pair of shoes” is a need. (a) True (b) False
  9. 9.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  10. 10.Which of these is a want? (a) notebooks for school (b) a school uniform (c) designer sunglasses (d) medicine when ill
  11. 11.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a fancy phone cover (d) school shoes
  12. 12.Which of these is a want? (a) school shoes (b) soap (c) a video game (d) a school uniform
  13. 13.🛒 Need or want: sweets every day? (a) a need (b) a want
  14. 14.🛒 Need or want: school shoes? (a) a want (b) a need
  15. 15.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
  16. 16.True or false: “school shoes” is a need. (a) False (b) True
  17. 17.Which of these is a need? (a) a toy robot (b) a video game (c) sweets every day (d) a roof over your head
  18. 18.True or false: “a glitter pen set” is a want. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) bus fare to school (d) medicine when ill
  20. 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
  21. 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
  22. 22.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  23. 23.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) medicine when ill (d) rice and dal
  24. 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
  25. 25.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) school shoes (d) a sticker album
  26. 26.True or false: “sweets every day” is a want. (a) True (b) False
  27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  28. 28.Which of these is a need? (a) a party dress (b) a bigger TV (c) soap (d) sweets every day
  29. 29.🛒 Need or want: a school uniform? (a) a want (b) a need
  30. 30.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  31. 31.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a sticker album (d) drinking water
  32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) a video game (d) drinking water
  33. 33.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a toy robot (d) drinking water
  34. 34.True or false: “designer sunglasses” is a need. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) designer sunglasses (d) a warm blanket
  36. 36.True or false: “a school uniform” is a need. (a) False (b) True
  37. 37.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  38. 38.🛒 Need or want: drinking water? (a) a want (b) a need
  39. 39.🛒 Need or want: rice and dal? (a) a want (b) a need
  40. 40.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it

Answer key

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

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