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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 820 · 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.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a bigger TV (d) a school uniform
  2. 2.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) soap (d) bus fare to school
  3. 3.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  4. 4.🛒 Need or want: a roof over your head? (a) a want (b) a need
  5. 5.True or false: “a party dress” is a want. (a) False (b) True
  6. 6.🛒 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
  7. 7.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a glitter pen set (d) bus fare to school
  8. 8.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
  9. 9.True or false: “a sticker album” is a want. (a) True (b) False
  10. 10.True or false: “a fancy phone cover” is a want. (a) True (b) False
  11. 11.🛒 Need or want: a school uniform? (a) a want (b) a need
  12. 12.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a third pair of shoes (d) a party dress
  13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
  14. 14.True or false: “a sticker album” is a need. (a) False (b) True
  15. 15.Which of these is a want? (a) medicine when ill (b) drinking water (c) school shoes (d) sweets every day
  16. 16.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  17. 17.🛒 Need or want: medicine when ill? (a) a want (b) a need
  18. 18.🛒 Need or want: a sticker album? (a) a need (b) a want
  19. 19.True or false: “a toy robot” is a want. (a) False (b) True
  20. 20.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
  21. 21.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  22. 22.Which of these is a want? (a) soap (b) rice and dal (c) a third pair of shoes (d) a roof over your head
  23. 23.True or false: “a toy robot” is a need. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a party dress (d) designer sunglasses
  25. 25.True or false: “a video game” is a need. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) bus fare to school (d) drinking water
  27. 27.True or false: “school shoes” is a want. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) a glitter pen set (d) rice and dal
  29. 29.Which of these is a want? (a) medicine when ill (b) a sticker album (c) soap (d) bus fare to school
  30. 30.True or false: “a bigger TV” is a need. (a) False (b) True
  31. 31.Which of these is a want? (a) drinking water (b) rice and dal (c) a roof over your head (d) designer sunglasses
  32. 32.True or false: “a fancy phone cover” is a need. (a) False (b) True
  33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
  34. 34.🛒 Need or want: a warm blanket? (a) a want (b) a need
  35. 35.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a glitter pen set (d) soap
  36. 36.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) a roof over your head (d) medicine when ill
  37. 37.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) school shoes (d) a video game
  38. 38.🛒 Need or want: a bigger TV? (a) a need (b) a want
  39. 39.🛒 Need or want: soap? (a) a need (b) a want
  40. 40.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) a toy robot (d) a video game

Answer key

  1. a bigger TV
  2. a toy robot
  3. many people want it
  4. a need
  5. True
  6. the needs
  7. bus fare to school
  8. umbrellas and raincoats
  9. True
  10. True
  11. a need
  12. rice and dal
  13. a need
  14. False
  15. sweets every day
  16. we must have to live
  17. a need
  18. a want
  19. True
  20. hot drinks
  21. a want
  22. a third pair of shoes
  23. False
  24. school shoes
  25. False
  26. a bigger TV
  27. False
  28. a glitter pen set
  29. a sticker album
  30. False
  31. designer sunglasses
  32. False
  33. a want
  34. a need
  35. soap
  36. a third pair of shoes
  37. a video game
  38. a want
  39. a need
  40. school shoes

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