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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 871 · 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: “bus fare to school” is a need. (a) True (b) False
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  3. 3.True or false: “medicine when ill” is a need. (a) False (b) True
  4. 4.🛒 Need or want: sweets every day? (a) a need (b) a want
  5. 5.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
  6. 6.Which of these is a want? (a) a glitter pen set (b) drinking water (c) school shoes (d) a school uniform
  7. 7.Which of these is a need? (a) sweets every day (b) a toy robot (c) a video game (d) bus fare to school
  8. 8.🛒 Need or want: soap? (a) a want (b) a need
  9. 9.🛒 Need or want: a toy robot? (a) a want (b) a need
  10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) drinking water (d) a video game
  11. 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  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) a video game (b) a glitter pen set (c) designer sunglasses (d) bus fare to school
  14. 14.Which of these is a need? (a) a bigger TV (b) school shoes (c) a party dress (d) a toy robot
  15. 15.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) rice and dal (d) a fancy phone cover
  16. 16.Which of these is a want? (a) soap (b) a toy robot (c) a roof over your head (d) bus fare to school
  17. 17.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) a party dress (d) sweets every day
  18. 18.🛒 Need or want: notebooks for school? (a) a need (b) a want
  19. 19.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  20. 20.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) school shoes (d) medicine when ill
  21. 21.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) a warm blanket (d) school shoes
  22. 22.True or false: “a toy robot” is a want. (a) True (b) False
  23. 23.🛒 Need or want: a video game? (a) a need (b) a want
  24. 24.True or false: “soap” is a need. (a) True (b) False
  25. 25.True or false: “designer sunglasses” is a need. (a) False (b) True
  26. 26.True or false: “a third pair of shoes” is a want. (a) False (b) True
  27. 27.🛒 Need or want: school shoes? (a) a want (b) a need
  28. 28.True or false: “drinking water” is a need. (a) False (b) True
  29. 29.🛒 Need or want: a bigger TV? (a) a want (b) a need
  30. 30.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) sweets every day (d) notebooks for school
  31. 31.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
  32. 32.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) designer sunglasses (d) a party dress
  33. 33.True or false: “a fancy phone cover” is a need. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) a party dress (c) school shoes (d) notebooks for school
  35. 35.True or false: “sweets every day” is a need. (a) True (b) False
  36. 36.True or false: “a video game” is a want. (a) True (b) False
  37. 37.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a sticker album (d) drinking water
  38. 38.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  39. 39.🛒 Need or want: a school uniform? (a) a want (b) a need
  40. 40.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a video game (d) medicine when ill

Answer key

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

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