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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 851 · 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.🛒 Need or want: rice and dal? (a) a want (b) a need
  2. 2.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
  3. 3.🎯 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
  4. 4.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) soap (d) designer sunglasses
  5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
  6. 6.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  7. 7.True or false: “a sticker album” is a need. (a) False (b) True
  8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
  9. 9.True or false: “a video game” is a need. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) bus fare to school (d) a video game
  11. 11.Which of these is a need? (a) drinking water (b) sweets every day (c) a fancy phone cover (d) designer sunglasses
  12. 12.True or false: “drinking water” is a want. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a fancy phone cover (d) soap
  14. 14.True or false: “school shoes” is a need. (a) False (b) True
  15. 15.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
  16. 16.🛒 Need or want: a warm blanket? (a) a want (b) a need
  17. 17.🛒 Need or want: a school uniform? (a) a want (b) a need
  18. 18.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) notebooks for school (d) a roof over your head
  19. 19.Which of these is a need? (a) a bigger TV (b) rice and dal (c) sweets every day (d) designer sunglasses
  20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  21. 21.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
  22. 22.Which of these is a want? (a) bus fare to school (b) a glitter pen set (c) medicine when ill (d) rice and dal
  23. 23.Which of these is a want? (a) a video game (b) school shoes (c) drinking water (d) bus fare to school
  24. 24.🛒 Need or want: bus fare to school? (a) a need (b) a want
  25. 25.🛒 Need or want: a sticker album? (a) a need (b) a want
  26. 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  27. 27.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) a bigger TV (d) a toy robot
  28. 28.Which of these is a need? (a) sweets every day (b) school shoes (c) a bigger TV (d) a sticker album
  29. 29.True or false: “bus fare to school” is a need. (a) True (b) False
  30. 30.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) a warm blanket (d) a school uniform
  31. 31.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) rice and dal (d) a glitter pen set
  32. 32.🛒 Need or want: a roof over your head? (a) a need (b) a want
  33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a fancy phone cover (d) rice and dal
  34. 34.🛒 Need or want: notebooks for school? (a) a need (b) a want
  35. 35.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a sticker album (d) a school uniform
  36. 36.True or false: “a warm blanket” is a need. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) school shoes (b) soap (c) a party dress (d) a warm blanket
  38. 38.True or false: “rice and dal” is a want. (a) False (b) True
  39. 39.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) soap (d) a fancy phone cover
  40. 40.Which of these is a need? (a) sweets every day (b) a roof over your head (c) designer sunglasses (d) a video game

Answer key

  1. a need
  2. a need: food
  3. many people want it
  4. designer sunglasses
  5. a need
  6. a want
  7. False
  8. people always need them
  9. False
  10. a video game
  11. drinking water
  12. False
  13. soap
  14. True
  15. we must have to live
  16. a need
  17. a need
  18. a third pair of shoes
  19. rice and dal
  20. a want
  21. the needs
  22. a glitter pen set
  23. a video game
  24. a need
  25. a want
  26. umbrellas and raincoats
  27. a school uniform
  28. school shoes
  29. True
  30. designer sunglasses
  31. a glitter pen set
  32. a need
  33. rice and dal
  34. a need
  35. a school uniform
  36. True
  37. a party dress
  38. False
  39. soap
  40. a roof over your head

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