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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 785 · 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.🛒 Need or want: a party dress? (a) a need (b) a want
  2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  3. 3.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a video game (d) a school uniform
  4. 4.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  5. 5.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) soap (d) drinking water
  6. 6.Which of these is a want? (a) a third pair of shoes (b) rice and dal (c) drinking water (d) a roof over your head
  7. 7.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
  8. 8.Which of these is a want? (a) school shoes (b) bus fare to school (c) drinking water (d) a toy robot
  9. 9.True or false: “medicine when ill” is a want. (a) False (b) True
  10. 10.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a party dress (d) a glitter pen set
  11. 11.Which of these is a need? (a) rice and dal (b) a toy robot (c) a fancy phone cover (d) a bigger TV
  12. 12.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) medicine when ill (d) a glitter pen set
  13. 13.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
  15. 15.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  16. 16.Which of these is a need? (a) a third pair of shoes (b) school shoes (c) a sticker album (d) a video game
  17. 17.True or false: “designer sunglasses” is a want. (a) True (b) False
  18. 18.True or false: “drinking water” is a need. (a) True (b) False
  19. 19.True or false: “drinking water” is a want. (a) False (b) True
  20. 20.🛒 Need or want: a bigger TV? (a) a want (b) a need
  21. 21.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) notebooks for school (d) rice and dal
  22. 22.Which of these is a want? (a) a bigger TV (b) drinking water (c) a school uniform (d) soap
  23. 23.Which of these is a need? (a) drinking water (b) a video game (c) a bigger TV (d) a party dress
  24. 24.True or false: “school shoes” is a want. (a) True (b) False
  25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
  26. 26.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  27. 27.🛒 Need or want: a video game? (a) a need (b) a want
  28. 28.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a toy robot (d) sweets every day
  29. 29.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a sticker album (d) drinking water
  30. 30.True or false: “notebooks for school” is a want. (a) True (b) False
  31. 31.🛒 Need or want: a sticker album? (a) a want (b) a need
  32. 32.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a third pair of shoes (d) a party dress
  33. 33.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a roof over your head (d) a fancy phone cover
  34. 34.True or false: “a roof over your head” is a need. (a) False (b) True
  35. 35.🛒 Need or want: soap? (a) a want (b) a need
  36. 36.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  37. 37.🛒 Need or want: a toy robot? (a) a need (b) a want
  38. 38.True or false: “a third pair of shoes” is a need. (a) False (b) True
  39. 39.True or false: “designer sunglasses” is a need. (a) False (b) True
  40. 40.True or false: “a party dress” is a want. (a) False (b) True

Answer key

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

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