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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 840 · 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 need? (a) school shoes (b) a toy robot (c) a third pair of shoes (d) a video game
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
  3. 3.Which of these is a want? (a) drinking water (b) a warm blanket (c) bus fare to school (d) a third pair of shoes
  4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  5. 5.True or false: “a warm blanket” is a need. (a) True (b) False
  6. 6.🛒 Need or want: school shoes? (a) a want (b) a need
  7. 7.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a toy robot (d) sweets every day
  8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
  9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  10. 10.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a warm blanket (d) a toy robot
  11. 11.🛒 Need or want: a school uniform? (a) a want (b) a need
  12. 12.True or false: “a bigger TV” is a want. (a) False (b) True
  13. 13.🛒 Need or want: sweets every day? (a) a need (b) a want
  14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a roof over your head (d) notebooks for school
  15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) a roof over your head (d) a party dress
  16. 16.🛒 Need or want: notebooks for school? (a) a need (b) a want
  17. 17.True or false: “designer sunglasses” is a want. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) school shoes (d) a glitter pen set
  19. 19.🛒 Need or want: a toy robot? (a) a want (b) a need
  20. 20.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  21. 21.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a toy robot (d) a school uniform
  22. 22.Which of these is a want? (a) rice and dal (b) drinking water (c) a sticker album (d) medicine when ill
  23. 23.Which of these is a want? (a) a school uniform (b) sweets every day (c) a warm blanket (d) medicine when ill
  24. 24.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  25. 25.🛒 Need or want: a video game? (a) a need (b) a want
  26. 26.True or false: “school shoes” is a want. (a) False (b) True
  27. 27.🛒 Need or want: rice and dal? (a) a want (b) a need
  28. 28.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a video game (d) a roof over your head
  29. 29.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a glitter pen set (d) a fancy phone cover
  30. 30.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) soap (d) sweets every day
  31. 31.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  32. 32.True or false: “a sticker album” is a want. (a) True (b) False
  33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  34. 34.🛒 Need or want: a roof over your head? (a) a need (b) a want
  35. 35.🛒 Need or want: a party dress? (a) a want (b) a need
  36. 36.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  37. 37.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
  38. 38.True or false: “a bigger TV” is a need. (a) False (b) True
  39. 39.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a fancy phone cover (d) drinking water
  40. 40.True or false: “bus fare to school” is a want. (a) False (b) True

Answer key

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

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