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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 815 · 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.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  2. 2.True or false: “a third pair of shoes” is a need. (a) True (b) False
  3. 3.True or false: “a toy robot” is a need. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a party dress (d) a warm blanket
  5. 5.True or false: “a sticker album” is a need. (a) False (b) True
  6. 6.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
  7. 7.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a warm blanket (d) sweets every day
  8. 8.🛒 Need or want: a warm blanket? (a) a want (b) a need
  9. 9.Which of these is a want? (a) a school uniform (b) school shoes (c) a glitter pen set (d) medicine when ill
  10. 10.True or false: “school shoes” is a want. (a) True (b) False
  11. 11.🛒 Need or want: notebooks for school? (a) a want (b) a need
  12. 12.True or false: “a fancy phone cover” is a want. (a) True (b) False
  13. 13.True or false: “designer sunglasses” is a need. (a) False (b) True
  14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
  15. 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
  16. 16.Which of these is a want? (a) a bigger TV (b) a warm blanket (c) drinking water (d) school shoes
  17. 17.True or false: “a school uniform” is a want. (a) True (b) False
  18. 18.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
  19. 19.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) bus fare to school (d) a video game
  20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
  21. 21.True or false: “a glitter pen set” is a want. (a) True (b) False
  22. 22.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  23. 23.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) a sticker album (d) soap
  24. 24.True or false: “notebooks for school” is a need. (a) True (b) False
  25. 25.🛒 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
  26. 26.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a sticker album (d) school shoes
  27. 27.🛒 Need or want: school shoes? (a) a need (b) a want
  28. 28.🛒 Need or want: bus fare to school? (a) a want (b) a need
  29. 29.True or false: “a bigger TV” is a want. (a) False (b) True
  30. 30.🛒 Need or want: a roof over your head? (a) a want (b) a need
  31. 31.Which of these is a need? (a) designer sunglasses (b) a video game (c) a party dress (d) drinking water
  32. 32.Which of these is a need? (a) soap (b) sweets every day (c) a toy robot (d) a third pair of shoes
  33. 33.True or false: “a roof over your head” is a need. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a sticker album (d) a school uniform
  35. 35.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) medicine when ill (d) school shoes
  36. 36.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a third pair of shoes (d) soap
  37. 37.True or false: “a school uniform” is a need. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) a glitter pen set (d) sweets every day
  39. 39.True or false: “soap” is a want. (a) False (b) True
  40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

Answer key

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

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