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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 930 · 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) a sticker album (b) a glitter pen set (c) a third pair of shoes (d) drinking water
  2. 2.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) a third pair of shoes (d) sweets every day
  3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
  4. 4.🔍 Which is the odd one out? (a) drinking water (b) soap (c) bus fare to school (d) a third pair of shoes
  5. 5.🛒 Need or want: a party dress? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) sweets every day (d) bus fare to school
  7. 7.Which of these is a need? (a) a party dress (b) bus fare to school (c) a fancy phone cover (d) a toy robot
  8. 8.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  9. 9.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) school shoes (d) designer sunglasses
  11. 11.True or false: “sweets every day” is a want. (a) False (b) True
  12. 12.True or false: “a toy robot” is a want. (a) False (b) True
  13. 13.Which of these is a want? (a) medicine when ill (b) school shoes (c) bus fare to school (d) a fancy phone cover
  14. 14.True or false: “a third pair of shoes” is a need. (a) False (b) True
  15. 15.🛒 Need or want: drinking water? (a) a want (b) a need
  16. 16.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a party dress (d) a third pair of shoes
  17. 17.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  18. 18.True or false: “designer sunglasses” is a need. (a) True (b) False
  19. 19.True or false: “a school uniform” is a need. (a) False (b) True
  20. 20.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
  21. 21.Which of these is a need? (a) a video game (b) designer sunglasses (c) a warm blanket (d) a party dress
  22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
  23. 23.True or false: “medicine when ill” is a need. (a) False (b) True
  24. 24.Which of these is a want? (a) medicine when ill (b) a party dress (c) a school uniform (d) a warm blanket
  25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a fancy phone cover (d) notebooks for school
  26. 26.Which of these is a want? (a) school shoes (b) a video game (c) drinking water (d) a warm blanket
  27. 27.True or false: “sweets every day” is a need. (a) True (b) False
  28. 28.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a glitter pen set (d) a school uniform
  29. 29.🛒 Need or want: soap? (a) a need (b) a want
  30. 30.🛒 Need or want: a bigger TV? (a) a want (b) a need
  31. 31.🛒 Need or want: a warm blanket? (a) a need (b) a want
  32. 32.True or false: “medicine when ill” is a want. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) rice and dal (d) a video game
  34. 34.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
  35. 35.🛒 Need or want: a school uniform? (a) a want (b) a need
  36. 36.Which of these is a want? (a) medicine when ill (b) school shoes (c) designer sunglasses (d) rice and dal
  37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  38. 38.Which of these is a need? (a) a third pair of shoes (b) a roof over your head (c) a video game (d) a fancy phone cover
  39. 39.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  40. 40.True or false: “bus fare to school” is a want. (a) False (b) True

Answer key

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

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