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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 940 · 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.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
  2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a video game (d) notebooks for school
  3. 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
  4. 4.Which of these is a need? (a) school shoes (b) a party dress (c) a bigger TV (d) a video game
  5. 5.🛒 Need or want: a bigger TV? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a sticker album (d) drinking water
  7. 7.Which of these is a want? (a) school shoes (b) a roof over your head (c) a school uniform (d) a third pair of shoes
  8. 8.🛒 Need or want: school shoes? (a) a need (b) a want
  9. 9.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  10. 10.True or false: “a roof over your head” is a want. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) a party dress (d) soap
  12. 12.Which of these is a want? (a) a party dress (b) school shoes (c) a roof over your head (d) bus fare to school
  13. 13.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a toy robot (d) a school uniform
  14. 14.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) bus fare to school (d) sweets every day
  15. 15.Which of these is a want? (a) sweets every day (b) a warm blanket (c) soap (d) notebooks for school
  16. 16.Which of these is a want? (a) school shoes (b) soap (c) a school uniform (d) designer sunglasses
  17. 17.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a bigger TV (d) drinking water
  18. 18.True or false: “a fancy phone cover” is a need. (a) True (b) False
  19. 19.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
  20. 20.🛒 Need or want: a party dress? (a) a want (b) a need
  21. 21.🛒 Need or want: drinking water? (a) a need (b) a want
  22. 22.🛒 Need or want: soap? (a) a need (b) a want
  23. 23.True or false: “notebooks for school” is a need. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a warm blanket (d) a toy robot
  25. 25.True or false: “a school uniform” is a need. (a) False (b) True
  26. 26.🛒 Need or want: bus fare to school? (a) a need (b) a want
  27. 27.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  28. 28.True or false: “rice and dal” is a need. (a) False (b) True
  29. 29.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
  30. 30.True or false: “designer sunglasses” is a want. (a) True (b) False
  31. 31.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  32. 32.Which of these is a need? (a) rice and dal (b) a video game (c) a toy robot (d) a party dress
  33. 33.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
  34. 34.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a sticker album (d) a video game
  35. 35.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) a toy robot (d) a fancy phone cover
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) school shoes (d) a third pair of shoes
  37. 37.True or false: “a bigger TV” is a need. (a) False (b) True
  38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
  39. 39.Which of these is a need? (a) a video game (b) sweets every day (c) soap (d) a third pair of shoes
  40. 40.Which of these is a need? (a) drinking water (b) a third pair of shoes (c) sweets every day (d) a video game

Answer key

  1. we must have to live
  2. a video game
  3. a need
  4. school shoes
  5. a want
  6. a sticker album
  7. a third pair of shoes
  8. a need
  9. a want
  10. False
  11. a party dress
  12. a party dress
  13. a school uniform
  14. bus fare to school
  15. sweets every day
  16. designer sunglasses
  17. a bigger TV
  18. False
  19. umbrellas and raincoats
  20. a want
  21. a need
  22. a need
  23. True
  24. a toy robot
  25. True
  26. a need
  27. a want
  28. True
  29. many people want it
  30. True
  31. the needs
  32. rice and dal
  33. hot drinks
  34. notebooks for school
  35. notebooks for school
  36. school shoes
  37. False
  38. people always need them
  39. soap
  40. drinking water

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