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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 859 · 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: “designer sunglasses” is a need. (a) True (b) False
  2. 2.Which of these is a need? (a) a party dress (b) a video game (c) medicine when ill (d) a fancy phone cover
  3. 3.🛒 Need or want: a school uniform? (a) a want (b) a need
  4. 4.🛒 Need or want: a warm blanket? (a) a want (b) a need
  5. 5.True or false: “medicine when ill” is a want. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) designer sunglasses (d) medicine when ill
  7. 7.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a third pair of shoes (d) drinking water
  8. 8.Which of these is a want? (a) a school uniform (b) school shoes (c) bus fare to school (d) a toy robot
  9. 9.🛒 Need or want: a bigger TV? (a) a need (b) a want
  10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a video game (d) school shoes
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
  12. 12.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  13. 13.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a third pair of shoes (d) a bigger TV
  14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
  15. 15.Which of these is a want? (a) school shoes (b) designer sunglasses (c) drinking water (d) medicine when ill
  16. 16.🛒 Need or want: notebooks for school? (a) a want (b) a need
  17. 17.🛒 Need or want: a party dress? (a) a need (b) a want
  18. 18.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) a party dress (d) designer sunglasses
  19. 19.True or false: “school shoes” is a want. (a) False (b) True
  20. 20.True or false: “notebooks for school” is a want. (a) False (b) True
  21. 21.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  22. 22.True or false: “drinking water” is a need. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) rice and dal (d) a warm blanket
  24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
  25. 25.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
  27. 27.True or false: “rice and dal” is a need. (a) True (b) False
  28. 28.🛒 Need or want: sweets every day? (a) a want (b) a need
  29. 29.True or false: “a warm blanket” is a want. (a) False (b) True
  30. 30.Which of these is a need? (a) notebooks for school (b) a video game (c) a bigger TV (d) sweets every day
  31. 31.🛒 Need or want: a toy robot? (a) a need (b) a want
  32. 32.Which of these is a want? (a) bus fare to school (b) drinking water (c) a bigger TV (d) soap
  33. 33.True or false: “a video game” is a want. (a) True (b) False
  34. 34.True or false: “a bigger TV” is a want. (a) False (b) True
  35. 35.True or false: “a bigger TV” is a need. (a) True (b) False
  36. 36.Which of these is a want? (a) school shoes (b) a roof over your head (c) a warm blanket (d) a video game
  37. 37.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) drinking water (d) a warm blanket
  38. 38.🔍 Which is the odd one out? (a) school shoes (b) a bigger TV (c) a party dress (d) a video game
  39. 39.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a roof over your head (d) a school uniform
  40. 40.🛒 Need or want: a video game? (a) a need (b) a want

Answer key

  1. False
  2. medicine when ill
  3. a need
  4. a need
  5. False
  6. designer sunglasses
  7. a third pair of shoes
  8. a toy robot
  9. a want
  10. a video game
  11. umbrellas and raincoats
  12. many people want it
  13. rice and dal
  14. people always need them
  15. designer sunglasses
  16. a need
  17. a want
  18. a roof over your head
  19. False
  20. False
  21. a want
  22. True
  23. a toy robot
  24. a need
  25. we must have to live
  26. a need
  27. True
  28. a want
  29. False
  30. notebooks for school
  31. a want
  32. a bigger TV
  33. True
  34. True
  35. False
  36. a video game
  37. sweets every day
  38. school shoes
  39. a sticker album
  40. a want

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