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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 844 · 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 is the odd one out? (a) a fancy phone cover (b) sweets every day (c) designer sunglasses (d) drinking water
  2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a party dress (d) soap
  3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
  4. 4.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a bigger TV (d) a warm blanket
  5. 5.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) medicine when ill (d) a school uniform
  6. 6.True or false: “a toy robot” is a need. (a) False (b) True
  7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) a warm blanket (d) a school uniform
  8. 8.True or false: “a bigger TV” is a need. (a) True (b) False
  9. 9.True or false: “notebooks for school” is a need. (a) True (b) False
  10. 10.True or false: “a school uniform” is a want. (a) True (b) False
  11. 11.True or false: “a warm blanket” is a want. (a) False (b) True
  12. 12.Which of these is a want? (a) a video game (b) a warm blanket (c) a school uniform (d) soap
  13. 13.True or false: “a third pair of shoes” is a need. (a) True (b) False
  14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
  15. 15.🛒 Need or want: a toy robot? (a) a need (b) a want
  16. 16.🛒 Need or want: a school uniform? (a) a want (b) a need
  17. 17.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) school shoes (d) bus fare to school
  18. 18.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) rice and dal (d) sweets every day
  19. 19.True or false: “school shoes” is a want. (a) False (b) True
  20. 20.Which of these is a want? (a) designer sunglasses (b) rice and dal (c) notebooks for school (d) a warm blanket
  21. 21.🛒 Need or want: drinking water? (a) a want (b) a need
  22. 22.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) drinking water (d) a toy robot
  23. 23.🛒 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
  24. 24.True or false: “rice and dal” is a want. (a) True (b) False
  25. 25.True or false: “a roof over your head” is a want. (a) True (b) False
  26. 26.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
  27. 27.True or false: “designer sunglasses” is a need. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) a roof over your head (c) sweets every day (d) a bigger TV
  29. 29.True or false: “sweets every day” is a need. (a) False (b) True
  30. 30.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  31. 31.🛒 Need or want: sweets every day? (a) a want (b) a need
  32. 32.Which of these is a want? (a) a warm blanket (b) drinking water (c) a school uniform (d) a bigger TV
  33. 33.🛒 Need or want: soap? (a) a want (b) a need
  34. 34.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) a warm blanket (d) a third pair of shoes
  35. 35.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) a party dress (d) sweets every day
  36. 36.🛒 Need or want: medicine when ill? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) a warm blanket (d) school shoes
  38. 38.True or false: “a video game” is a need. (a) True (b) False
  39. 39.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  40. 40.🛒 Need or want: notebooks for school? (a) a need (b) a want

Answer key

  1. drinking water
  2. a party dress
  3. a need
  4. a bigger TV
  5. a sticker album
  6. False
  7. a fancy phone cover
  8. False
  9. True
  10. False
  11. False
  12. a video game
  13. False
  14. people always need them
  15. a want
  16. a need
  17. a glitter pen set
  18. rice and dal
  19. False
  20. designer sunglasses
  21. a need
  22. drinking water
  23. the needs
  24. False
  25. False
  26. a need: food
  27. False
  28. a roof over your head
  29. False
  30. many people want it
  31. a want
  32. a bigger TV
  33. a need
  34. a warm blanket
  35. rice and dal
  36. a need
  37. a toy robot
  38. False
  39. a want
  40. a need

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