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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 911 · 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.

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

Answer key

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

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