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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 79 · 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.True or false: “a fancy phone cover” is a need. (a) True (b) False
  2. 2.🛒 Need or want: a warm blanket? (a) a need (b) a want
  3. 3.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a toy robot (d) a school uniform
  4. 4.🛒 Need or want: soap? (a) a want (b) a need
  5. 5.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
  7. 7.Which of these is a want? (a) school shoes (b) drinking water (c) a video game (d) a roof over your head
  8. 8.True or false: “a video game” is a need. (a) True (b) False
  9. 9.Which of these is a need? (a) school shoes (b) a glitter pen set (c) a bigger TV (d) designer sunglasses
  10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
  11. 11.🛒 Need or want: school shoes? (a) a need (b) a want
  12. 12.True or false: “a school uniform” is a want. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) medicine when ill (d) bus fare to school
  14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a fancy phone cover (d) notebooks for school
  15. 15.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
  16. 16.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  17. 17.🛒 Need or want: rice and dal? (a) a want (b) a need
  18. 18.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) designer sunglasses (d) bus fare to school
  19. 19.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
  20. 20.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) drinking water (d) a roof over your head
  21. 21.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) sweets every day (d) a third pair of shoes
  22. 22.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a warm blanket (d) designer sunglasses
  23. 23.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) a bigger TV (d) a third pair of shoes
  24. 24.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) notebooks for school (d) a sticker album
  25. 25.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) a roof over your head (d) medicine when ill
  26. 26.True or false: “a video game” is a want. (a) True (b) False
  27. 27.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  28. 28.True or false: “a warm blanket” is a need. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) soap (d) notebooks for school
  30. 30.True or false: “a bigger TV” is a want. (a) True (b) False
  31. 31.True or false: “a third pair of shoes” is a need. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) rice and dal (d) a fancy phone cover
  33. 33.True or false: “a toy robot” is a need. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) bus fare to school (d) a third pair of shoes
  35. 35.True or false: “a toy robot” is a want. (a) True (b) False
  36. 36.🛒 Need or want: drinking water? (a) a need (b) a want
  37. 37.🛒 Need or want: sweets every day? (a) a need (b) a want
  38. 38.Which of these is a need? (a) a toy robot (b) soap (c) sweets every day (d) a bigger TV
  39. 39.True or false: “notebooks for school” is a want. (a) False (b) True
  40. 40.True or false: “a party dress” is a need. (a) False (b) True

Answer key

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

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