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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 932 · 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.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  2. 2.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) medicine when ill (d) rice and dal
  3. 3.🛒 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
  4. 4.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a bigger TV (d) a third pair of shoes
  5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
  6. 6.True or false: “a school uniform” is a need. (a) True (b) False
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
  8. 8.True or false: “a warm blanket” is a want. (a) False (b) True
  9. 9.Which of these is a want? (a) a roof over your head (b) soap (c) designer sunglasses (d) notebooks for school
  10. 10.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  11. 11.🛒 Need or want: a toy robot? (a) a want (b) a need
  12. 12.🛒 Need or want: school shoes? (a) a want (b) a need
  13. 13.True or false: “a glitter pen set” is a want. (a) False (b) True
  14. 14.🛒 Need or want: a sticker album? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) a party dress (b) notebooks for school (c) a third pair of shoes (d) a bigger TV
  16. 16.Which of these is a need? (a) bus fare to school (b) a third pair of shoes (c) a party dress (d) a bigger TV
  17. 17.True or false: “a sticker album” is a want. (a) True (b) False
  18. 18.True or false: “a roof over your head” is a need. (a) False (b) True
  19. 19.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
  20. 20.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  21. 21.Which of these is a need? (a) drinking water (b) a toy robot (c) a bigger TV (d) designer sunglasses
  22. 22.True or false: “bus fare to school” is a want. (a) True (b) False
  23. 23.🛒 Need or want: drinking water? (a) a need (b) a want
  24. 24.🛒 Need or want: a bigger TV? (a) a want (b) a need
  25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a roof over your head (d) designer sunglasses
  26. 26.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  27. 27.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) a warm blanket (d) a sticker album
  28. 28.True or false: “sweets every day” is a want. (a) False (b) True
  29. 29.🛒 Need or want: bus fare to school? (a) a want (b) a need
  30. 30.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) a bigger TV (d) school shoes
  31. 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) bus fare to school (c) notebooks for school (d) school shoes
  32. 32.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a bigger TV (d) a third pair of shoes
  33. 33.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a roof over your head (d) a sticker album
  34. 34.🛒 Need or want: a video game? (a) a want (b) a need
  35. 35.🛒 Need or want: a roof over your head? (a) a want (b) a need
  36. 36.True or false: “medicine when ill” is a need. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) bus fare to school (d) a video game
  38. 38.True or false: “notebooks for school” is a want. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a roof over your head (d) a fancy phone cover
  40. 40.Which of these is a want? (a) rice and dal (b) a warm blanket (c) medicine when ill (d) a third pair of shoes

Answer key

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

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