← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 169 · 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.🛒 Need or want: medicine when ill? (a) a want (b) a need
  2. 2.🛒 Need or want: a warm blanket? (a) a want (b) a need
  3. 3.True or false: “a sticker album” is a need. (a) True (b) False
  4. 4.Which of these is a need? (a) a video game (b) a glitter pen set (c) a school uniform (d) a third pair of shoes
  5. 5.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  6. 6.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a party dress (d) drinking water
  7. 7.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  8. 8.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
  9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  10. 10.Which of these is a want? (a) rice and dal (b) sweets every day (c) drinking water (d) a warm blanket
  11. 11.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  12. 12.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a third pair of shoes (d) a roof over your head
  13. 13.Which of these is a want? (a) school shoes (b) a warm blanket (c) bus fare to school (d) a party dress
  14. 14.Which of these is a need? (a) a sticker album (b) notebooks for school (c) designer sunglasses (d) sweets every day
  15. 15.Which of these is a need? (a) a party dress (b) drinking water (c) a video game (d) a glitter pen set
  16. 16.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a video game (d) notebooks for school
  17. 17.Which of these is a want? (a) school shoes (b) notebooks for school (c) a video game (d) soap
  18. 18.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
  19. 19.True or false: “drinking water” is a want. (a) True (b) False
  20. 20.Which of these is a want? (a) a warm blanket (b) school shoes (c) a school uniform (d) a bigger TV
  21. 21.True or false: “school shoes” is a want. (a) True (b) False
  22. 22.🛒 Need or want: a roof over your head? (a) a need (b) a want
  23. 23.Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) a sticker album (d) a video game
  24. 24.🛒 Need or want: a sticker album? (a) a need (b) a want
  25. 25.True or false: “soap” is a need. (a) False (b) True
  26. 26.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) a bigger TV (d) drinking water
  27. 27.🛒 Need or want: a video game? (a) a need (b) a want
  28. 28.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a roof over your head (d) a glitter pen set
  29. 29.True or false: “drinking water” is a need. (a) False (b) True
  30. 30.Which of these is a want? (a) school shoes (b) a warm blanket (c) a school uniform (d) designer sunglasses
  31. 31.🛒 Need or want: drinking water? (a) a need (b) a want
  32. 32.True or false: “designer sunglasses” is a need. (a) True (b) False
  33. 33.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) school shoes (d) a toy robot
  34. 34.Which of these is a want? (a) a warm blanket (b) a sticker album (c) a school uniform (d) bus fare to school
  35. 35.Which of these is a need? (a) sweets every day (b) medicine when ill (c) a third pair of shoes (d) a fancy phone cover
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) school shoes (d) notebooks for school
  37. 37.True or false: “a fancy phone cover” is a need. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a fancy phone cover (d) school shoes
  39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
  40. 40.🛒 Need or want: sweets every day? (a) a need (b) a want

Answer key

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

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