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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 853 · 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: “notebooks for school” is a want. (a) False (b) True
  2. 2.True or false: “medicine when ill” is a want. (a) False (b) True
  3. 3.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a school uniform (d) a glitter pen set
  4. 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  5. 5.True or false: “a fancy phone cover” is a need. (a) True (b) False
  6. 6.Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) soap (d) medicine when ill
  7. 7.True or false: “a video game” is a want. (a) True (b) False
  8. 8.🛒 Need or want: soap? (a) a need (b) a want
  9. 9.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a toy robot (d) a bigger TV
  10. 10.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) bus fare to school (d) sweets every day
  11. 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a sticker album (d) rice and dal
  13. 13.Which of these is a need? (a) designer sunglasses (b) a video game (c) a sticker album (d) drinking water
  14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) a school uniform (d) a roof over your head
  15. 15.True or false: “a bigger TV” is a want. (a) True (b) False
  16. 16.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) school shoes (d) sweets every day
  17. 17.Which of these is a need? (a) notebooks for school (b) a party dress (c) a third pair of shoes (d) designer sunglasses
  18. 18.Which of these is a need? (a) medicine when ill (b) a glitter pen set (c) a toy robot (d) designer sunglasses
  19. 19.🛒 Need or want: a sticker album? (a) a need (b) a want
  20. 20.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  21. 21.Which of these is a want? (a) a sticker album (b) medicine when ill (c) drinking water (d) rice and dal
  22. 22.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  23. 23.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  24. 24.True or false: “drinking water” is a need. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) school shoes (d) drinking water
  26. 26.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  27. 27.True or false: “notebooks for school” is a need. (a) False (b) True
  28. 28.True or false: “a fancy phone cover” is a want. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a bigger TV (d) a fancy phone cover
  30. 30.🛒 Need or want: a toy robot? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a video game (d) soap
  32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a toy robot (d) drinking water
  33. 33.Which of these is a need? (a) a party dress (b) a video game (c) soap (d) a glitter pen set
  34. 34.True or false: “a glitter pen set” is a want. (a) True (b) False
  35. 35.True or false: “a roof over your head” is a want. (a) True (b) False
  36. 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) a roof over your head (b) sweets every day (c) a fancy phone cover (d) a party dress
  38. 38.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a sticker album (d) bus fare to school
  39. 39.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
  40. 40.🛒 Need or want: a roof over your head? (a) a want (b) a need

Answer key

  1. False
  2. False
  3. a school uniform
  4. the needs
  5. False
  6. a fancy phone cover
  7. True
  8. a need
  9. rice and dal
  10. bus fare to school
  11. a want
  12. rice and dal
  13. drinking water
  14. a glitter pen set
  15. True
  16. school shoes
  17. notebooks for school
  18. medicine when ill
  19. a want
  20. hot drinks
  21. a sticker album
  22. umbrellas and raincoats
  23. a want
  24. True
  25. a toy robot
  26. a want
  27. True
  28. True
  29. medicine when ill
  30. a want
  31. a video game
  32. drinking water
  33. soap
  34. True
  35. False
  36. a need
  37. a roof over your head
  38. a sticker album
  39. we must have to live
  40. a need

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