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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 873 · 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.Which of these is a want? (a) medicine when ill (b) soap (c) a bigger TV (d) a roof over your head
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  3. 3.True or false: “school shoes” is a need. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a warm blanket (d) a bigger TV
  5. 5.Which of these is a want? (a) school shoes (b) medicine when ill (c) a toy robot (d) soap
  6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
  7. 7.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) rice and dal (d) a school uniform
  8. 8.🛒 Need or want: bus fare to school? (a) a need (b) a want
  9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
  10. 10.True or false: “notebooks for school” is a need. (a) True (b) False
  11. 11.🛒 Need or want: sweets every day? (a) a want (b) a need
  12. 12.🛒 Need or want: a school uniform? (a) a need (b) a want
  13. 13.🛒 Need or want: a roof over your head? (a) a want (b) a need
  14. 14.True or false: “a roof over your head” is a need. (a) False (b) True
  15. 15.Which of these is a need? (a) drinking water (b) a video game (c) a toy robot (d) a fancy phone cover
  16. 16.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  17. 17.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  18. 18.True or false: “a warm blanket” is a want. (a) False (b) True
  19. 19.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  20. 20.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
  21. 21.True or false: “a video game” is a need. (a) False (b) True
  22. 22.True or false: “sweets every day” is a want. (a) False (b) True
  23. 23.Which of these is a want? (a) bus fare to school (b) a school uniform (c) a warm blanket (d) a video game
  24. 24.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a video game (d) rice and dal
  25. 25.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a sticker album (d) bus fare to school
  26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) sweets every day (d) a bigger TV
  27. 27.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  28. 28.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
  29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) designer sunglasses (d) school shoes
  31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
  32. 32.🛒 Need or want: a sticker album? (a) a need (b) a want
  33. 33.🛒 Need or want: school shoes? (a) a need (b) a want
  34. 34.True or false: “designer sunglasses” is a need. (a) True (b) False
  35. 35.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a warm blanket (d) a video game
  36. 36.True or false: “a third pair of shoes” is a need. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) drinking water (d) a video game
  38. 38.🔍 Which is the odd one out? (a) a school uniform (b) a sticker album (c) designer sunglasses (d) a bigger TV
  39. 39.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a school uniform (d) a sticker album
  40. 40.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) sweets every day (d) a glitter pen set

Answer key

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

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