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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 910 · 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 third pair of shoes” is a want. (a) True (b) False
  2. 2.True or false: “rice and dal” is a need. (a) False (b) True
  3. 3.Which of these is a want? (a) soap (b) a warm blanket (c) school shoes (d) a third pair of shoes
  4. 4.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) bus fare to school (d) designer sunglasses
  5. 5.🛒 Need or want: drinking water? (a) a need (b) a want
  6. 6.Which of these is a need? (a) sweets every day (b) school shoes (c) a party dress (d) designer sunglasses
  7. 7.🔍 Which is the odd one out? (a) school shoes (b) sweets every day (c) drinking water (d) a warm blanket
  8. 8.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
  9. 9.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
  10. 10.🛒 Need or want: bus fare to school? (a) a need (b) a want
  11. 11.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) school shoes (d) soap
  12. 12.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  13. 13.Which of these is a want? (a) school shoes (b) medicine when ill (c) drinking water (d) a video game
  14. 14.🛒 Need or want: a school uniform? (a) a want (b) a need
  15. 15.True or false: “a bigger TV” is a need. (a) False (b) True
  16. 16.Which of these is a need? (a) a video game (b) a sticker album (c) a warm blanket (d) designer sunglasses
  17. 17.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
  18. 18.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  19. 19.🛒 Need or want: a warm blanket? (a) a need (b) a want
  20. 20.🛒 Need or want: sweets every day? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) notebooks for school (d) a toy robot
  22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  23. 23.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) soap (d) a bigger TV
  24. 24.True or false: “soap” is a want. (a) True (b) False
  25. 25.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  26. 26.🛒 Need or want: notebooks for school? (a) a need (b) a want
  27. 27.True or false: “a video game” is a need. (a) True (b) False
  28. 28.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  29. 29.Which of these is a want? (a) medicine when ill (b) school shoes (c) rice and dal (d) a fancy phone cover
  30. 30.Which of these is a want? (a) notebooks for school (b) rice and dal (c) drinking water (d) a toy robot
  31. 31.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a video game (d) designer sunglasses
  32. 32.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a bigger TV (d) drinking water
  33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) drinking water (d) a glitter pen set
  34. 34.True or false: “a toy robot” is a want. (a) False (b) True
  35. 35.🛒 Need or want: a bigger TV? (a) a need (b) a want
  36. 36.🛒 Need or want: a toy robot? (a) a want (b) a need
  37. 37.Which of these is a want? (a) medicine when ill (b) school shoes (c) bus fare to school (d) designer sunglasses
  38. 38.True or false: “notebooks for school” is a want. (a) False (b) True
  39. 39.True or false: “designer sunglasses” is a need. (a) False (b) True
  40. 40.True or false: “a sticker album” is a need. (a) True (b) False

Answer key

  1. True
  2. True
  3. a third pair of shoes
  4. designer sunglasses
  5. a need
  6. school shoes
  7. sweets every day
  8. hot drinks
  9. we must have to live
  10. a need
  11. a fancy phone cover
  12. a want
  13. a video game
  14. a need
  15. False
  16. a warm blanket
  17. the needs
  18. umbrellas and raincoats
  19. a need
  20. a want
  21. a toy robot
  22. people always need them
  23. a bigger TV
  24. False
  25. a want
  26. a need
  27. False
  28. a want
  29. a fancy phone cover
  30. a toy robot
  31. school shoes
  32. drinking water
  33. drinking water
  34. True
  35. a want
  36. a want
  37. designer sunglasses
  38. False
  39. False
  40. False

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