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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 847 · 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.True or false: “a bigger TV” is a need. (a) False (b) True
  2. 2.🛒 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
  3. 3.Which of these is a want? (a) a toy robot (b) a roof over your head (c) bus fare to school (d) rice and dal
  4. 4.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  5. 5.🛒 Need or want: a video game? (a) a need (b) a want
  6. 6.🛒 Need or want: a sticker album? (a) a want (b) a need
  7. 7.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  8. 8.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
  9. 9.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a school uniform (d) a glitter pen set
  10. 10.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
  11. 11.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) designer sunglasses (d) bus fare to school
  12. 12.🛒 Need or want: a roof over your head? (a) a need (b) a want
  13. 13.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a warm blanket (d) notebooks for school
  14. 14.True or false: “a bigger TV” is a want. (a) True (b) False
  15. 15.Which of these is a want? (a) a bigger TV (b) medicine when ill (c) drinking water (d) a roof over your head
  16. 16.True or false: “a sticker album” is a want. (a) False (b) True
  17. 17.True or false: “rice and dal” is a need. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a roof over your head (d) school shoes
  19. 19.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  20. 20.True or false: “rice and dal” is a want. (a) False (b) True
  21. 21.Which of these is a need? (a) a party dress (b) a video game (c) a sticker album (d) drinking water
  22. 22.Which of these is a need? (a) a school uniform (b) a toy robot (c) designer sunglasses (d) a fancy phone cover
  23. 23.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a bigger TV (d) a toy robot
  24. 24.Which of these is a want? (a) drinking water (b) a warm blanket (c) notebooks for school (d) a glitter pen set
  25. 25.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) sweets every day (d) a roof over your head
  26. 26.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a party dress (d) school shoes
  27. 27.Which of these is a need? (a) a glitter pen set (b) a video game (c) a fancy phone cover (d) notebooks for school
  28. 28.Which of these is a need? (a) school shoes (b) a glitter pen set (c) a party dress (d) a fancy phone cover
  29. 29.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) drinking water (d) a bigger TV
  30. 30.True or false: “medicine when ill” is a want. (a) True (b) False
  31. 31.🛒 Need or want: notebooks for school? (a) a want (b) a need
  32. 32.Which of these is a need? (a) a sticker album (b) a toy robot (c) a third pair of shoes (d) bus fare to school
  33. 33.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) sweets every day (d) a video game
  34. 34.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a warm blanket (d) sweets every day
  35. 35.🛒 Need or want: a party dress? (a) a want (b) a need
  36. 36.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) soap (d) a video game
  37. 37.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) designer sunglasses (d) rice and dal
  38. 38.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  39. 39.🛒 Need or want: a warm blanket? (a) a want (b) a need
  40. 40.True or false: “a toy robot” is a need. (a) False (b) True

Answer key

  1. False
  2. the needs
  3. a toy robot
  4. a want
  5. a want
  6. a want
  7. a want
  8. many people want it
  9. a school uniform
  10. we must have to live
  11. designer sunglasses
  12. a need
  13. a sticker album
  14. True
  15. a bigger TV
  16. True
  17. True
  18. a party dress
  19. a want
  20. False
  21. drinking water
  22. a school uniform
  23. drinking water
  24. a glitter pen set
  25. a roof over your head
  26. a party dress
  27. notebooks for school
  28. school shoes
  29. a bigger TV
  30. False
  31. a need
  32. bus fare to school
  33. medicine when ill
  34. a warm blanket
  35. a want
  36. a video game
  37. designer sunglasses
  38. a want
  39. a need
  40. False

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