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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 782 · 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.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
  2. 2.🛒 Need or want: a bigger TV? (a) a want (b) a need
  3. 3.🛒 Need or want: school shoes? (a) a want (b) a need
  4. 4.True or false: “school shoes” is a want. (a) False (b) True
  5. 5.True or false: “a sticker album” is a want. (a) False (b) True
  6. 6.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
  7. 7.Which of these is a want? (a) a school uniform (b) a video game (c) medicine when ill (d) drinking water
  8. 8.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) rice and dal (d) a third pair of shoes
  9. 9.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  10. 10.🛍️ 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
  11. 11.Which of these is a want? (a) medicine when ill (b) a toy robot (c) a warm blanket (d) a school uniform
  12. 12.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  13. 13.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) rice and dal (d) soap
  14. 14.🛒 Need or want: a video game? (a) a need (b) a want
  15. 15.🛒 Need or want: drinking water? (a) a need (b) a want
  16. 16.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a toy robot (d) rice and dal
  17. 17.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a third pair of shoes (d) a bigger TV
  18. 18.🛒 Need or want: sweets every day? (a) a need (b) a want
  19. 19.🛒 Need or want: a school uniform? (a) a want (b) a need
  20. 20.Which of these is a want? (a) notebooks for school (b) a sticker album (c) medicine when ill (d) a warm blanket
  21. 21.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a warm blanket (d) a toy robot
  22. 22.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) a warm blanket (d) a bigger TV
  23. 23.True or false: “a toy robot” is a want. (a) False (b) True
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
  25. 25.Which of these is a need? (a) school shoes (b) a party dress (c) a third pair of shoes (d) a glitter pen set
  26. 26.Which of these is a need? (a) designer sunglasses (b) a party dress (c) a school uniform (d) a fancy phone cover
  27. 27.🛒 Need or want: notebooks for school? (a) a want (b) a need
  28. 28.True or false: “designer sunglasses” is a need. (a) True (b) False
  29. 29.True or false: “a video game” is a need. (a) True (b) False
  30. 30.Which of these is a want? (a) soap (b) drinking water (c) medicine when ill (d) a party dress
  31. 31.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) soap (d) a third pair of shoes
  32. 32.🛒 Need or want: a toy robot? (a) a want (b) a need
  33. 33.🛒 Need or want: soap? (a) a want (b) a need
  34. 34.True or false: “a school uniform” is a want. (a) False (b) True
  35. 35.Which of these is a want? (a) bus fare to school (b) drinking water (c) a warm blanket (d) a third pair of shoes
  36. 36.True or false: “sweets every day” is a want. (a) False (b) True
  37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
  38. 38.🛒 Need or want: medicine when ill? (a) a want (b) a need
  39. 39.True or false: “bus fare to school” is a want. (a) False (b) True
  40. 40.True or false: “rice and dal” is a need. (a) False (b) True

Answer key

  1. many people want it
  2. a want
  3. a need
  4. False
  5. True
  6. the needs
  7. a video game
  8. a third pair of shoes
  9. a want
  10. people always need them
  11. a toy robot
  12. a want
  13. designer sunglasses
  14. a want
  15. a need
  16. rice and dal
  17. a warm blanket
  18. a want
  19. a need
  20. a sticker album
  21. a toy robot
  22. a bigger TV
  23. True
  24. hot drinks
  25. school shoes
  26. a school uniform
  27. a need
  28. False
  29. False
  30. a party dress
  31. soap
  32. a want
  33. a need
  34. False
  35. a third pair of shoes
  36. True
  37. a need
  38. a need
  39. False
  40. True

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