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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 905 · 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 need? (a) sweets every day (b) a bigger TV (c) a video game (d) rice and dal
  2. 2.True or false: “notebooks for school” is a need. (a) False (b) True
  3. 3.🛒 Need or want: soap? (a) a want (b) a need
  4. 4.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
  5. 5.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) drinking water (d) school shoes
  6. 6.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) notebooks for school (d) a video game
  7. 7.True or false: “school shoes” is a need. (a) False (b) True
  8. 8.🛒 Need or want: rice and dal? (a) a want (b) a need
  9. 9.True or false: “a glitter pen set” is a want. (a) True (b) False
  10. 10.🛒 Need or want: a video game? (a) a want (b) a need
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
  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 need? (a) school shoes (b) a fancy phone cover (c) a video game (d) a bigger TV
  14. 14.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) school shoes (d) a glitter pen set
  15. 15.🛒 Need or want: a school uniform? (a) a need (b) a want
  16. 16.Which of these is a want? (a) soap (b) medicine when ill (c) notebooks for school (d) sweets every day
  17. 17.🛒 Need or want: school shoes? (a) a want (b) a need
  18. 18.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  19. 19.🛒 Need or want: a bigger TV? (a) a want (b) a need
  20. 20.True or false: “a party dress” is a want. (a) False (b) True
  21. 21.True or false: “a video game” is a want. (a) True (b) False
  22. 22.True or false: “sweets every day” is a need. (a) True (b) False
  23. 23.Which of these is a want? (a) rice and dal (b) a bigger TV (c) a roof over your head (d) medicine when ill
  24. 24.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) sweets every day (d) a roof over your head
  26. 26.True or false: “a school uniform” is a need. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) a fancy phone cover (d) a toy robot
  28. 28.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) school shoes (d) a roof over your head
  29. 29.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) a third pair of shoes (d) rice and dal
  30. 30.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a roof over your head (d) designer sunglasses
  31. 31.🛒 Need or want: drinking water? (a) a want (b) a need
  32. 32.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
  33. 33.Which of these is a want? (a) soap (b) a party dress (c) drinking water (d) bus fare to school
  34. 34.True or false: “a glitter pen set” is a need. (a) False (b) True
  35. 35.Which of these is a want? (a) school shoes (b) a warm blanket (c) a sticker album (d) soap
  36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) rice and dal (d) bus fare to school
  38. 38.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) bus fare to school (d) notebooks for school
  39. 39.🛒 Need or want: notebooks for school? (a) a need (b) a want
  40. 40.🛒 Need or want: a party dress? (a) a need (b) a want

Answer key

  1. rice and dal
  2. True
  3. a need
  4. we must have to live
  5. a fancy phone cover
  6. notebooks for school
  7. True
  8. a need
  9. True
  10. a want
  11. umbrellas and raincoats
  12. many people want it
  13. school shoes
  14. school shoes
  15. a need
  16. sweets every day
  17. a need
  18. a need: food
  19. a want
  20. True
  21. True
  22. False
  23. a bigger TV
  24. the needs
  25. sweets every day
  26. True
  27. soap
  28. a third pair of shoes
  29. a third pair of shoes
  30. designer sunglasses
  31. a need
  32. hot drinks
  33. a party dress
  34. False
  35. a sticker album
  36. a want
  37. a bigger TV
  38. a sticker album
  39. a need
  40. a want

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