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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 971 · 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.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
  2. 2.Which of these is a want? (a) school shoes (b) a roof over your head (c) a warm blanket (d) a video game
  3. 3.True or false: “designer sunglasses” is a want. (a) True (b) False
  4. 4.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) sweets every day (d) a roof over your head
  5. 5.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
  6. 6.True or false: “a warm blanket” is a need. (a) False (b) True
  7. 7.True or false: “medicine when ill” is a want. (a) False (b) True
  8. 8.🛒 Need or want: bus fare to school? (a) a need (b) a want
  9. 9.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) rice and dal (d) designer sunglasses
  10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a toy robot (d) drinking water
  11. 11.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) school shoes (d) a fancy phone cover
  12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
  13. 13.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  14. 14.Which of these is a want? (a) soap (b) a third pair of shoes (c) school shoes (d) a school uniform
  15. 15.True or false: “a bigger TV” is a want. (a) True (b) False
  16. 16.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  17. 17.🛒 Need or want: soap? (a) a need (b) a want
  18. 18.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
  19. 19.True or false: “soap” is a need. (a) True (b) False
  20. 20.🛒 Need or want: school shoes? (a) a want (b) a need
  21. 21.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) notebooks for school (d) a school uniform
  22. 22.True or false: “notebooks for school” is a want. (a) False (b) True
  23. 23.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  24. 24.Which of these is a need? (a) a bigger TV (b) drinking water (c) a toy robot (d) a glitter pen set
  25. 25.Which of these is a want? (a) notebooks for school (b) soap (c) sweets every day (d) rice and dal
  26. 26.Which of these is a need? (a) a video game (b) a sticker album (c) a glitter pen set (d) medicine when ill
  27. 27.True or false: “a toy robot” is a need. (a) False (b) True
  28. 28.🛒 Need or want: a sticker album? (a) a need (b) a want
  29. 29.🛒 Need or want: a warm blanket? (a) a want (b) a need
  30. 30.True or false: “a toy robot” is a want. (a) True (b) False
  31. 31.True or false: “school shoes” is a want. (a) False (b) True
  32. 32.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  33. 33.True or false: “soap” is a want. (a) False (b) True
  34. 34.Which of these is a need? (a) a video game (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
  35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
  36. 36.True or false: “rice and dal” is a want. (a) True (b) False
  37. 37.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) soap (d) drinking water
  39. 39.True or false: “a video game” is a need. (a) True (b) False
  40. 40.True or false: “a third pair of shoes” is a want. (a) False (b) True

Answer key

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

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