← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 161 · 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.True or false: “drinking water” is a want. (a) False (b) True
  2. 2.🛒 Need or want: a school uniform? (a) a need (b) a want
  3. 3.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
  4. 4.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) rice and dal (d) bus fare to school
  5. 5.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  6. 6.True or false: “a glitter pen set” is a want. (a) False (b) True
  7. 7.True or false: “a fancy phone cover” is a need. (a) False (b) True
  8. 8.True or false: “medicine when ill” is a want. (a) True (b) False
  9. 9.Which of these is a need? (a) a sticker album (b) a roof over your head (c) a fancy phone cover (d) a video game
  10. 10.🛒 Need or want: a sticker album? (a) a need (b) a want
  11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a video game (d) a school uniform
  12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) school shoes (c) a toy robot (d) sweets every day
  13. 13.True or false: “notebooks for school” is a need. (a) True (b) False
  14. 14.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) rice and dal (d) a warm blanket
  16. 16.Which of these is a need? (a) a video game (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill
  17. 17.True or false: “rice and dal” is a need. (a) False (b) True
  18. 18.True or false: “a warm blanket” is a want. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) rice and dal (d) sweets every day
  20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) designer sunglasses (d) a fancy phone cover
  21. 21.🛒 Need or want: drinking water? (a) a want (b) a need
  22. 22.True or false: “a school uniform” is a want. (a) False (b) True
  23. 23.🛒 Need or want: a roof over your head? (a) a need (b) a want
  24. 24.Which of these is a want? (a) school shoes (b) a toy robot (c) medicine when ill (d) drinking water
  25. 25.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
  26. 26.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) bus fare to school (d) a school uniform
  27. 27.🛒 Need or want: a toy robot? (a) a want (b) a need
  28. 28.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a party dress (d) drinking water
  29. 29.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a sticker album (d) school shoes
  30. 30.Which of these is a want? (a) soap (b) a roof over your head (c) drinking water (d) a video game
  31. 31.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  32. 32.🛒 Need or want: sweets every day? (a) a want (b) a need
  33. 33.True or false: “soap” is a want. (a) False (b) True
  34. 34.🛒 Need or want: school shoes? (a) a want (b) a need
  35. 35.True or false: “notebooks for school” is a want. (a) True (b) False
  36. 36.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) medicine when ill (d) rice and dal
  37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) a fancy phone cover (d) a toy robot
  38. 38.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
  39. 39.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) medicine when ill (d) school shoes
  40. 40.True or false: “a bigger TV” is a need. (a) False (b) True

Answer key

  1. False
  2. a need
  3. the needs
  4. a fancy phone cover
  5. a need: food
  6. True
  7. False
  8. False
  9. a roof over your head
  10. a want
  11. a school uniform
  12. school shoes
  13. True
  14. a want
  15. a sticker album
  16. medicine when ill
  17. True
  18. False
  19. rice and dal
  20. bus fare to school
  21. a need
  22. False
  23. a need
  24. a toy robot
  25. many people want it
  26. designer sunglasses
  27. a want
  28. a party dress
  29. school shoes
  30. a video game
  31. a want
  32. a want
  33. False
  34. a need
  35. False
  36. a fancy phone cover
  37. drinking water
  38. we must have to live
  39. a third pair of shoes
  40. False

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids