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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 883 · 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: “a bigger TV” is a want. (a) True (b) False
  2. 2.True or false: “a fancy phone cover” is a need. (a) True (b) False
  3. 3.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a sticker album (d) drinking water
  4. 4.🛒 Need or want: notebooks for school? (a) a want (b) a need
  5. 5.True or false: “a glitter pen set” is a need. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) sweets every day (d) drinking water
  7. 7.True or false: “a party dress” is a want. (a) True (b) False
  8. 8.🛒 Need or want: school shoes? (a) a want (b) a need
  9. 9.🛒 Need or want: a video game? (a) a want (b) a need
  10. 10.🔍 Which is the odd one out? (a) sweets every day (b) medicine when ill (c) a bigger TV (d) a sticker album
  11. 11.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
  12. 12.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
  13. 13.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) designer sunglasses (d) bus fare to school
  14. 14.True or false: “a third pair of shoes” is a need. (a) False (b) True
  15. 15.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) rice and dal (d) sweets every day
  16. 16.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) notebooks for school (d) designer sunglasses
  17. 17.True or false: “a warm blanket” is a want. (a) False (b) True
  18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  19. 19.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) a video game (d) soap
  20. 20.🔍 Which is the odd one out? (a) a school uniform (b) a third pair of shoes (c) a toy robot (d) designer sunglasses
  21. 21.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  22. 22.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) a party dress (d) sweets every day
  23. 23.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  24. 24.Which of these is a want? (a) notebooks for school (b) school shoes (c) a roof over your head (d) a video game
  25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
  26. 26.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a video game (d) drinking water
  27. 27.True or false: “a toy robot” is a need. (a) False (b) True
  28. 28.🛒 Need or want: drinking water? (a) a want (b) a need
  29. 29.🛒 Need or want: a warm blanket? (a) a want (b) a need
  30. 30.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) a roof over your head (d) soap
  31. 31.🛒 Need or want: a roof over your head? (a) a need (b) a want
  32. 32.True or false: “drinking water” is a need. (a) False (b) True
  33. 33.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  34. 34.🛒 Need or want: a sticker album? (a) a want (b) a need
  35. 35.True or false: “sweets every day” is a need. (a) True (b) False
  36. 36.🛒 Need or want: soap? (a) a want (b) a need
  37. 37.True or false: “a video game” is a want. (a) False (b) True
  38. 38.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) medicine when ill (d) a roof over your head
  40. 40.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) rice and dal (d) notebooks for school

Answer key

  1. True
  2. False
  3. a sticker album
  4. a need
  5. False
  6. sweets every day
  7. True
  8. a need
  9. a want
  10. medicine when ill
  11. hot drinks
  12. the needs
  13. designer sunglasses
  14. False
  15. rice and dal
  16. notebooks for school
  17. False
  18. a want
  19. soap
  20. a school uniform
  21. a want
  22. rice and dal
  23. we must have to live
  24. a video game
  25. a need
  26. drinking water
  27. False
  28. a need
  29. a need
  30. a glitter pen set
  31. a need
  32. True
  33. people always need them
  34. a want
  35. False
  36. a need
  37. True
  38. many people want it
  39. a fancy phone cover
  40. a fancy phone cover

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