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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 98 · 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 is the odd one out? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) drinking water
  2. 2.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a sticker album (d) soap
  3. 3.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  4. 4.🛒 Need or want: a party dress? (a) a need (b) a want
  5. 5.🛒 Need or want: a warm blanket? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) notebooks for school (d) a bigger TV
  7. 7.True or false: “a toy robot” is a want. (a) True (b) False
  8. 8.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
  9. 9.Which of these is a need? (a) school shoes (b) a sticker album (c) designer sunglasses (d) a bigger TV
  10. 10.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  11. 11.🛒 Need or want: bus fare to school? (a) a want (b) a need
  12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
  13. 13.Which of these is a need? (a) a sticker album (b) a toy robot (c) designer sunglasses (d) rice and dal
  14. 14.True or false: “bus fare to school” is a want. (a) True (b) False
  15. 15.🎯 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
  16. 16.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) a party dress (d) a bigger TV
  17. 17.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a glitter pen set (d) a toy robot
  18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  19. 19.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a bigger TV (d) soap
  20. 20.🛍️ 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
  21. 21.True or false: “notebooks for school” is a want. (a) False (b) True
  22. 22.🛒 Need or want: a roof over your head? (a) a want (b) a need
  23. 23.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
  24. 24.True or false: “a roof over your head” is a need. (a) True (b) False
  25. 25.🛒 Need or want: a video game? (a) a need (b) a want
  26. 26.Which of these is a want? (a) school shoes (b) designer sunglasses (c) medicine when ill (d) notebooks for school
  27. 27.True or false: “drinking water” is a need. (a) False (b) True
  28. 28.True or false: “designer sunglasses” is a need. (a) True (b) False
  29. 29.Which of these is a need? (a) sweets every day (b) a sticker album (c) a toy robot (d) a roof over your head
  30. 30.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a party dress (d) a warm blanket
  31. 31.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a toy robot (d) school shoes
  32. 32.🛒 Need or want: sweets every day? (a) a need (b) a want
  33. 33.True or false: “a sticker album” is a need. (a) True (b) False
  34. 34.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  35. 35.True or false: “a bigger TV” is a need. (a) False (b) True
  36. 36.🛒 Need or want: drinking water? (a) a want (b) a need
  37. 37.Which of these is a need? (a) a glitter pen set (b) a video game (c) sweets every day (d) medicine when ill
  38. 38.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
  39. 39.🛒 Need or want: rice and dal? (a) a want (b) a need
  40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

Answer key

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

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