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Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 985 · 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.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  2. 2.🛒 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
  3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
  4. 4.True or false: “notebooks for school” is a need. (a) True (b) False
  5. 5.True or false: “a sticker album” is a need. (a) False (b) True
  6. 6.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
  7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a video game (d) medicine when ill
  8. 8.🛒 Need or want: drinking water? (a) a want (b) a need
  9. 9.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
  10. 10.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  11. 11.🛒 Need or want: sweets every day? (a) a want (b) a need
  12. 12.True or false: “medicine when ill” is a want. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a video game (d) school shoes
  14. 14.True or false: “bus fare to school” is a need. (a) False (b) True
  15. 15.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) designer sunglasses (d) notebooks for school
  17. 17.Which of these is a want? (a) sweets every day (b) a warm blanket (c) drinking water (d) bus fare to school
  18. 18.Which of these is a want? (a) a warm blanket (b) rice and dal (c) notebooks for school (d) a toy robot
  19. 19.True or false: “drinking water” is a want. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a party dress (d) a warm blanket
  21. 21.True or false: “a third pair of shoes” is a want. (a) True (b) False
  22. 22.True or false: “a fancy phone cover” is a need. (a) True (b) False
  23. 23.True or false: “medicine when ill” is a need. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a warm blanket (d) soap
  25. 25.True or false: “sweets every day” is a need. (a) True (b) False
  26. 26.True or false: “a roof over your head” is a need. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a school uniform (d) a glitter pen set
  28. 28.Which of these is a want? (a) a video game (b) drinking water (c) school shoes (d) a roof over your head
  29. 29.Which of these is a want? (a) soap (b) rice and dal (c) school shoes (d) a glitter pen set
  30. 30.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
  31. 31.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) designer sunglasses (d) school shoes
  32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  33. 33.Which of these is a need? (a) a sticker album (b) a bigger TV (c) a glitter pen set (d) bus fare to school
  34. 34.Which of these is a need? (a) school shoes (b) a glitter pen set (c) sweets every day (d) a fancy phone cover
  35. 35.🛒 Need or want: a sticker album? (a) a want (b) a need
  36. 36.🛒 Need or want: a party dress? (a) a need (b) a want
  37. 37.True or false: “designer sunglasses” is a want. (a) False (b) True
  38. 38.🛒 Need or want: school shoes? (a) a want (b) a need
  39. 39.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) a warm blanket (d) a sticker album
  40. 40.🛒 Need or want: bus fare to school? (a) a want (b) a need

Answer key

  1. a want
  2. the needs
  3. a need
  4. True
  5. False
  6. umbrellas and raincoats
  7. medicine when ill
  8. a need
  9. many people want it
  10. a want
  11. a want
  12. False
  13. school shoes
  14. True
  15. a want
  16. notebooks for school
  17. sweets every day
  18. a toy robot
  19. False
  20. a warm blanket
  21. True
  22. False
  23. True
  24. a glitter pen set
  25. False
  26. True
  27. a school uniform
  28. a video game
  29. a glitter pen set
  30. we must have to live
  31. designer sunglasses
  32. people always need them
  33. bus fare to school
  34. school shoes
  35. a want
  36. a want
  37. True
  38. a need
  39. a sticker album
  40. a need

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