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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 878 · 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: “sweets every day” is a need. (a) False (b) True
  2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  3. 3.True or false: “a glitter pen set” is a want. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) medicine when ill (d) a warm blanket
  5. 5.🛒 Need or want: rice and dal? (a) a need (b) a want
  6. 6.Which of these is a need? (a) a sticker album (b) a party dress (c) a school uniform (d) a toy robot
  7. 7.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a fancy phone cover (d) a third pair of shoes
  8. 8.Which of these is a want? (a) a video game (b) a school uniform (c) rice and dal (d) notebooks for school
  9. 9.🛒 Need or want: a video game? (a) a need (b) a want
  10. 10.Which of these is a want? (a) bus fare to school (b) a toy robot (c) notebooks for school (d) drinking water
  11. 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  12. 12.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  13. 13.Which of these is a want? (a) a bigger TV (b) notebooks for school (c) bus fare to school (d) a school uniform
  14. 14.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) medicine when ill (d) a school uniform
  15. 15.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  16. 16.True or false: “a video game” is a need. (a) True (b) False
  17. 17.Which of these is a need? (a) a party dress (b) sweets every day (c) designer sunglasses (d) a roof over your head
  18. 18.🛒 Need or want: bus fare to school? (a) a need (b) a want
  19. 19.🛒 Need or want: school shoes? (a) a want (b) a need
  20. 20.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) sweets every day (d) drinking water
  21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  22. 22.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  23. 23.True or false: “a glitter pen set” is a need. (a) True (b) False
  24. 24.True or false: “a roof over your head” is a need. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) school shoes (d) a video game
  26. 26.True or false: “rice and dal” is a want. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) a bigger TV (d) drinking water
  28. 28.🛒 Need or want: a party dress? (a) a want (b) a need
  29. 29.🛒 Need or want: soap? (a) a want (b) a need
  30. 30.🛒 Need or want: a bigger TV? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a roof over your head (d) a bigger TV
  32. 32.True or false: “a bigger TV” is a want. (a) False (b) True
  33. 33.True or false: “a third pair of shoes” is a need. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a party dress (d) rice and dal
  35. 35.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
  38. 38.True or false: “a sticker album” is a need. (a) True (b) False
  39. 39.True or false: “a bigger TV” is a need. (a) True (b) False
  40. 40.True or false: “a party dress” is a need. (a) False (b) True

Answer key

  1. False
  2. a need: food
  3. True
  4. a fancy phone cover
  5. a need
  6. a school uniform
  7. medicine when ill
  8. a video game
  9. a want
  10. a toy robot
  11. a want
  12. many people want it
  13. a bigger TV
  14. a fancy phone cover
  15. umbrellas and raincoats
  16. False
  17. a roof over your head
  18. a need
  19. a need
  20. sweets every day
  21. people always need them
  22. hot drinks
  23. False
  24. True
  25. a video game
  26. False
  27. a bigger TV
  28. a want
  29. a need
  30. a want
  31. a roof over your head
  32. True
  33. False
  34. a party dress
  35. the needs
  36. a need
  37. a need
  38. False
  39. False
  40. False

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