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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 912 · 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 want? (a) a school uniform (b) designer sunglasses (c) a roof over your head (d) bus fare to school
  2. 2.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  3. 3.🛒 Need or want: a school uniform? (a) a need (b) a want
  4. 4.True or false: “a roof over your head” is a want. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) notebooks for school (d) bus fare to school
  6. 6.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
  7. 7.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  8. 8.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) bus fare to school (d) sweets every day
  9. 9.🛒 Need or want: a toy robot? (a) a need (b) a want
  10. 10.🛒 Need or want: sweets every day? (a) a want (b) a need
  11. 11.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
  12. 12.True or false: “a toy robot” is a need. (a) False (b) True
  13. 13.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  14. 14.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) a video game (d) a roof over your head
  15. 15.🛒 Need or want: notebooks for school? (a) a want (b) a need
  16. 16.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  17. 17.True or false: “a toy robot” is a want. (a) False (b) True
  18. 18.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) a warm blanket (d) a sticker album
  20. 20.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  21. 21.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  22. 22.True or false: “a school uniform” is a want. (a) True (b) False
  23. 23.True or false: “a fancy phone cover” is a need. (a) True (b) False
  24. 24.Which of these is a need? (a) school shoes (b) a fancy phone cover (c) sweets every day (d) designer sunglasses
  25. 25.Which of these is a want? (a) a fancy phone cover (b) a school uniform (c) notebooks for school (d) soap
  26. 26.True or false: “bus fare to school” is a want. (a) False (b) True
  27. 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
  28. 28.True or false: “a bigger TV” is a want. (a) True (b) False
  29. 29.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a video game (d) a fancy phone cover
  30. 30.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a school uniform (d) drinking water
  31. 31.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) sweets every day (d) bus fare to school
  32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  33. 33.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) a third pair of shoes (d) medicine when ill
  34. 34.🛒 Need or want: a video game? (a) a need (b) a want
  35. 35.🎯 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
  36. 36.🛒 Need or want: bus fare to school? (a) a need (b) a want
  37. 37.True or false: “a video game” is a need. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) a fancy phone cover (d) medicine when ill
  39. 39.🛒 Need or want: school shoes? (a) a want (b) a need
  40. 40.True or false: “a glitter pen set” is a need. (a) False (b) True

Answer key

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

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