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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 92 · 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: “drinking water” is a need. (a) False (b) True
  2. 2.Which of these is a want? (a) bus fare to school (b) a fancy phone cover (c) soap (d) medicine when ill
  3. 3.True or false: “a third pair of shoes” is a want. (a) False (b) True
  4. 4.Which of these is a want? (a) a third pair of shoes (b) soap (c) rice and dal (d) a roof over your head
  5. 5.Which of these is a want? (a) medicine when ill (b) drinking water (c) a toy robot (d) soap
  6. 6.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  7. 7.True or false: “a school uniform” is a need. (a) True (b) False
  8. 8.True or false: “a glitter pen set” is a want. (a) False (b) True
  9. 9.True or false: “a bigger TV” is a want. (a) False (b) True
  10. 10.True or false: “designer sunglasses” is a need. (a) False (b) True
  11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  12. 12.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  13. 13.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) soap (d) a video game
  14. 14.Which of these is a need? (a) sweets every day (b) a video game (c) a warm blanket (d) a third pair of shoes
  15. 15.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a video game (d) sweets every day
  16. 16.True or false: “a bigger TV” is a need. (a) False (b) True
  17. 17.True or false: “school shoes” is a want. (a) False (b) True
  18. 18.Which of these is a want? (a) rice and dal (b) medicine when ill (c) a sticker album (d) a school uniform
  19. 19.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  20. 20.🛒 Need or want: soap? (a) a want (b) a need
  21. 21.True or false: “sweets every day” is a want. (a) True (b) False
  22. 22.🛒 Need or want: a toy robot? (a) a need (b) a want
  23. 23.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) school shoes (d) sweets every day
  24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
  25. 25.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) sweets every day (d) rice and dal
  26. 26.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) notebooks for school (d) designer sunglasses
  27. 27.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a toy robot (d) a warm blanket
  28. 28.Which of these is a want? (a) rice and dal (b) a school uniform (c) a party dress (d) medicine when ill
  29. 29.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a fancy phone cover (d) a warm blanket
  30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) medicine when ill (d) notebooks for school
  31. 31.🛒 Need or want: sweets every day? (a) a want (b) a need
  32. 32.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) medicine when ill (d) sweets every day
  33. 33.🛒 Need or want: school shoes? (a) a need (b) a want
  34. 34.🛒 Need or want: drinking water? (a) a want (b) a need
  35. 35.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
  37. 37.Which of these is a need? (a) a sticker album (b) drinking water (c) sweets every day (d) a video game
  38. 38.🛒 Need or want: a school uniform? (a) a want (b) a need
  39. 39.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  40. 40.Which of these is a want? (a) designer sunglasses (b) school shoes (c) bus fare to school (d) notebooks for school

Answer key

  1. True
  2. a fancy phone cover
  3. True
  4. a third pair of shoes
  5. a toy robot
  6. the needs
  7. True
  8. True
  9. True
  10. False
  11. people always need them
  12. we must have to live
  13. a video game
  14. a warm blanket
  15. medicine when ill
  16. False
  17. False
  18. a sticker album
  19. a need: food
  20. a need
  21. True
  22. a want
  23. school shoes
  24. a need
  25. rice and dal
  26. notebooks for school
  27. a toy robot
  28. a party dress
  29. a fancy phone cover
  30. a video game
  31. a want
  32. medicine when ill
  33. a need
  34. a need
  35. a want
  36. a need
  37. drinking water
  38. a need
  39. a want
  40. designer sunglasses

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