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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 97 · 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.True or false: “a warm blanket” is a want. (a) False (b) True
  2. 2.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) school shoes (d) a bigger TV
  3. 3.True or false: “a warm blanket” is a need. (a) False (b) True
  4. 4.🛒 Need or want: a party dress? (a) a need (b) a want
  5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) school shoes (c) bus fare to school (d) a roof over your head
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  7. 7.🛒 Need or want: school shoes? (a) a need (b) a want
  8. 8.🛒 Need or want: soap? (a) a want (b) a need
  9. 9.Which of these is a need? (a) a sticker album (b) a bigger TV (c) a roof over your head (d) a video game
  10. 10.🛒 Need or want: rice and dal? (a) a need (b) a want
  11. 11.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) sweets every day (d) a sticker album
  12. 12.🛒 Need or want: a sticker album? (a) a want (b) a need
  13. 13.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
  14. 14.Which of these is a want? (a) rice and dal (b) a school uniform (c) drinking water (d) sweets every day
  15. 15.True or false: “drinking water” is a want. (a) False (b) True
  16. 16.🛒 Need or want: bus fare to school? (a) a want (b) a need
  17. 17.Which of these is a want? (a) rice and dal (b) drinking water (c) a sticker album (d) a warm blanket
  18. 18.True or false: “a sticker album” is a want. (a) False (b) True
  19. 19.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  20. 20.True or false: “a toy robot” is a need. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) soap (d) a party dress
  22. 22.True or false: “designer sunglasses” is a want. (a) False (b) True
  23. 23.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a third pair of shoes (d) rice and dal
  24. 24.Which of these is a want? (a) rice and dal (b) school shoes (c) a party dress (d) a warm blanket
  25. 25.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
  26. 26.Which of these is a want? (a) school shoes (b) a warm blanket (c) a glitter pen set (d) a roof over your head
  27. 27.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) rice and dal (d) a fancy phone cover
  28. 28.🛒 Need or want: sweets every day? (a) a want (b) a need
  29. 29.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a video game (d) a school uniform
  30. 30.Which of these is a want? (a) bus fare to school (b) a school uniform (c) school shoes (d) a bigger TV
  31. 31.True or false: “a roof over your head” is a want. (a) False (b) True
  32. 32.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a third pair of shoes (d) soap
  33. 33.Which of these is a want? (a) a warm blanket (b) rice and dal (c) medicine when ill (d) a fancy phone cover
  34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
  35. 35.Which of these is a need? (a) a bigger TV (b) sweets every day (c) drinking water (d) a glitter pen set
  36. 36.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  37. 37.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a warm blanket (d) sweets every day
  38. 38.True or false: “a third pair of shoes” is a need. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) soap (d) bus fare to school
  40. 40.Which of these is a want? (a) a roof over your head (b) a video game (c) medicine when ill (d) rice and dal

Answer key

  1. False
  2. school shoes
  3. True
  4. a want
  5. a glitter pen set
  6. people always need them
  7. a need
  8. a need
  9. a roof over your head
  10. a need
  11. bus fare to school
  12. a want
  13. a need: food
  14. sweets every day
  15. False
  16. a need
  17. a sticker album
  18. True
  19. a want
  20. False
  21. soap
  22. True
  23. rice and dal
  24. a party dress
  25. the needs
  26. a glitter pen set
  27. a fancy phone cover
  28. a want
  29. a school uniform
  30. a bigger TV
  31. False
  32. soap
  33. a fancy phone cover
  34. a need
  35. drinking water
  36. we must have to live
  37. a warm blanket
  38. False
  39. sweets every day
  40. a video game

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