← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 175 · 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: a roof over your head? (a) a want (b) a need
  2. 2.🛒 Need or want: school shoes? (a) a need (b) a want
  3. 3.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a sticker album (d) a video game
  4. 4.True or false: “sweets every day” is a need. (a) True (b) False
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  6. 6.True or false: “medicine when ill” is a need. (a) False (b) True
  7. 7.True or false: “a roof over your head” is a need. (a) True (b) False
  8. 8.🛒 Need or want: a school uniform? (a) a want (b) a need
  9. 9.True or false: “a warm blanket” is a need. (a) False (b) True
  10. 10.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a warm blanket (d) a toy robot
  11. 11.True or false: “a toy robot” is a want. (a) True (b) False
  12. 12.True or false: “a school uniform” is a want. (a) True (b) False
  13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
  14. 14.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) sweets every day (d) a roof over your head
  15. 15.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  16. 16.Which of these is a want? (a) medicine when ill (b) a toy robot (c) drinking water (d) school shoes
  17. 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  18. 18.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  19. 19.Which of these is a want? (a) notebooks for school (b) drinking water (c) a roof over your head (d) a fancy phone cover
  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.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a bigger TV (d) a warm blanket
  22. 22.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
  23. 23.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
  24. 24.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  25. 25.Which of these is a need? (a) a party dress (b) bus fare to school (c) a bigger TV (d) a toy robot
  26. 26.🛒 Need or want: rice and dal? (a) a need (b) a want
  27. 27.🛒 Need or want: a bigger TV? (a) a want (b) a need
  28. 28.Which of these is a want? (a) soap (b) a warm blanket (c) rice and dal (d) a party dress
  29. 29.True or false: “designer sunglasses” is a need. (a) True (b) False
  30. 30.True or false: “bus fare to school” is a want. (a) False (b) True
  31. 31.Which of these is a want? (a) bus fare to school (b) soap (c) a bigger TV (d) a roof over your head
  32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a roof over your head (d) soap
  33. 33.🛒 Need or want: a video game? (a) a need (b) a want
  34. 34.🎯 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
  35. 35.True or false: “a school uniform” is a need. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a fancy phone cover (d) rice and dal
  37. 37.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) a glitter pen set (d) soap
  38. 38.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a school uniform (d) designer sunglasses
  39. 39.True or false: “rice and dal” is a want. (a) False (b) True
  40. 40.True or false: “a fancy phone cover” is a need. (a) False (b) True

Answer key

  1. a need
  2. a need
  3. school shoes
  4. False
  5. umbrellas and raincoats
  6. True
  7. True
  8. a need
  9. True
  10. a warm blanket
  11. True
  12. False
  13. a want
  14. a roof over your head
  15. a want
  16. a toy robot
  17. a want
  18. a want
  19. a fancy phone cover
  20. people always need them
  21. a warm blanket
  22. we must have to live
  23. hot drinks
  24. a need: food
  25. bus fare to school
  26. a need
  27. a want
  28. a party dress
  29. False
  30. False
  31. a bigger TV
  32. sweets every day
  33. a want
  34. many people want it
  35. True
  36. rice and dal
  37. a glitter pen set
  38. designer sunglasses
  39. False
  40. False

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