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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 94 · 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) sweets every day (b) soap (c) a bigger TV (d) a video game
  2. 2.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
  3. 3.Which of these is a want? (a) a warm blanket (b) drinking water (c) a school uniform (d) a third pair of shoes
  4. 4.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a party dress (d) school shoes
  5. 5.🛒 Need or want: rice and dal? (a) a want (b) a need
  6. 6.🛒 Need or want: a school uniform? (a) a want (b) a need
  7. 7.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  8. 8.True or false: “a toy robot” is a need. (a) False (b) True
  9. 9.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
  10. 10.Which of these is a want? (a) rice and dal (b) a roof over your head (c) a glitter pen set (d) drinking water
  11. 11.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
  12. 12.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
  13. 13.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a toy robot (d) a school uniform
  14. 14.True or false: “a toy robot” is a want. (a) True (b) False
  15. 15.True or false: “designer sunglasses” is a need. (a) True (b) False
  16. 16.True or false: “notebooks for school” is a need. (a) False (b) True
  17. 17.🛒 Need or want: school shoes? (a) a need (b) a want
  18. 18.Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) a video game (d) a glitter pen set
  19. 19.Which of these is a need? (a) a sticker album (b) notebooks for school (c) a toy robot (d) a video game
  20. 20.🛒 Need or want: medicine when ill? (a) a need (b) a want
  21. 21.🛍️ 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
  22. 22.True or false: “sweets every day” is a need. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) sweets every day (d) a warm blanket
  24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) drinking water (d) a sticker album
  25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
  26. 26.True or false: “medicine when ill” is a need. (a) True (b) False
  27. 27.True or false: “drinking water” is a want. (a) False (b) True
  28. 28.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a video game (d) school shoes
  29. 29.Which of these is a want? (a) medicine when ill (b) a video game (c) soap (d) school shoes
  30. 30.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) a party dress (d) a warm blanket
  31. 31.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
  32. 32.True or false: “a bigger TV” is a want. (a) False (b) True
  33. 33.🛒 Need or want: bus fare to school? (a) a need (b) a want
  34. 34.🔍 Which is the odd one out? (a) notebooks for school (b) school shoes (c) a warm blanket (d) a glitter pen set
  35. 35.True or false: “a video game” is a want. (a) False (b) True
  36. 36.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) a video game (d) a roof over your head
  37. 37.True or false: “designer sunglasses” is a want. (a) False (b) True
  38. 38.Which of these is a need? (a) drinking water (b) a party dress (c) sweets every day (d) designer sunglasses
  39. 39.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  40. 40.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a party dress (d) rice and dal

Answer key

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

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