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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 89 · 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 is the odd one out? (a) medicine when ill (b) rice and dal (c) school shoes (d) a fancy phone cover
  2. 2.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  3. 3.True or false: “a party dress” is a want. (a) False (b) True
  4. 4.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) a toy robot (d) bus fare to school
  5. 5.🛒 Need or want: drinking water? (a) a need (b) a want
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
  7. 7.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a fancy phone cover (d) a bigger TV
  8. 8.🛒 Need or want: medicine when ill? (a) a need (b) a want
  9. 9.True or false: “a glitter pen set” is a need. (a) False (b) True
  10. 10.True or false: “a warm blanket” is a need. (a) False (b) True
  11. 11.Which of these is a want? (a) a warm blanket (b) drinking water (c) a sticker album (d) medicine when ill
  12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a school uniform (d) soap
  13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
  14. 14.True or false: “drinking water” is a want. (a) True (b) False
  15. 15.🛒 Need or want: a video game? (a) a need (b) a want
  16. 16.🛒 Need or want: soap? (a) a want (b) a need
  17. 17.Which of these is a need? (a) a roof over your head (b) a sticker album (c) sweets every day (d) a bigger TV
  18. 18.🔍 Which is the odd one out? (a) a warm blanket (b) a bigger TV (c) a toy robot (d) a sticker album
  19. 19.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a toy robot (d) soap
  20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  21. 21.True or false: “a toy robot” is a need. (a) True (b) False
  22. 22.Which of these is a need? (a) a glitter pen set (b) school shoes (c) sweets every day (d) a bigger TV
  23. 23.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a school uniform (d) designer sunglasses
  24. 24.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) soap (d) sweets every day
  25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
  26. 26.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
  27. 27.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
  29. 29.True or false: “a school uniform” is a need. (a) False (b) True
  30. 30.🛒 Need or want: notebooks for school? (a) a need (b) a want
  31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) rice and dal (d) a bigger TV
  32. 32.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) a sticker album (d) a toy robot
  33. 33.🛒 Need or want: a roof over your head? (a) a want (b) a need
  34. 34.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) notebooks for school (d) sweets every day
  35. 35.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) a party dress (d) a sticker album
  37. 37.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) school shoes (d) a third pair of shoes
  38. 38.Which of these is a want? (a) soap (b) a video game (c) drinking water (d) a school uniform
  39. 39.🛒 Need or want: school shoes? (a) a want (b) a need
  40. 40.Which of these is a want? (a) a glitter pen set (b) school shoes (c) soap (d) rice and dal

Answer key

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

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