← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 198 · 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.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
  2. 2.🛒 Need or want: rice and dal? (a) a need (b) a want
  3. 3.🛒 Need or want: a school uniform? (a) a want (b) a need
  4. 4.Which of these is a need? (a) a toy robot (b) rice and dal (c) designer sunglasses (d) a video game
  5. 5.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) a party dress (d) a fancy phone cover
  7. 7.True or false: “a sticker album” is a need. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) soap (b) a party dress (c) a school uniform (d) bus fare to school
  9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
  10. 10.True or false: “a school uniform” is a want. (a) True (b) False
  11. 11.True or false: “school shoes” is a want. (a) False (b) True
  12. 12.🛒 Need or want: a roof over your head? (a) a want (b) a need
  13. 13.Which of these is a want? (a) soap (b) bus fare to school (c) a toy robot (d) drinking water
  14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) soap (d) designer sunglasses
  15. 15.True or false: “a warm blanket” is a need. (a) True (b) False
  16. 16.True or false: “a roof over your head” is a need. (a) False (b) True
  17. 17.True or false: “a toy robot” is a want. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) sweets every day (d) a party dress
  19. 19.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) notebooks for school (d) designer sunglasses
  20. 20.Which of these is a need? (a) notebooks for school (b) a video game (c) a glitter pen set (d) a toy robot
  21. 21.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  22. 22.Which of these is a need? (a) a sticker album (b) bus fare to school (c) a bigger TV (d) a party dress
  23. 23.True or false: “a school uniform” is a need. (a) True (b) False
  24. 24.True or false: “a video game” is a need. (a) False (b) True
  25. 25.True or false: “a fancy phone cover” is a need. (a) False (b) True
  26. 26.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
  27. 27.True or false: “medicine when ill” is a want. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) rice and dal (d) a video game
  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 need. (a) False (b) True
  31. 31.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  32. 32.🛒 Need or want: a toy robot? (a) a want (b) a need
  33. 33.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) a sticker album (d) drinking water
  34. 34.🛒 Need or want: medicine when ill? (a) a need (b) a want
  35. 35.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  36. 36.Which of these is a want? (a) bus fare to school (b) drinking water (c) school shoes (d) a third pair of shoes
  37. 37.🛒 Need or want: a warm blanket? (a) a need (b) a want
  38. 38.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a party dress (d) a toy robot
  39. 39.Which of these is a need? (a) a toy robot (b) a party dress (c) a roof over your head (d) a fancy phone cover
  40. 40.Which of these is a need? (a) a video game (b) a toy robot (c) drinking water (d) a fancy phone cover

Answer key

  1. the needs
  2. a need
  3. a need
  4. rice and dal
  5. a want
  6. a warm blanket
  7. False
  8. a party dress
  9. people always need them
  10. False
  11. False
  12. a need
  13. a toy robot
  14. designer sunglasses
  15. True
  16. True
  17. True
  18. bus fare to school
  19. notebooks for school
  20. notebooks for school
  21. a want
  22. bus fare to school
  23. True
  24. False
  25. False
  26. umbrellas and raincoats
  27. False
  28. rice and dal
  29. False
  30. True
  31. a want
  32. a want
  33. a sticker album
  34. a need
  35. a need: food
  36. a third pair of shoes
  37. a need
  38. school shoes
  39. a roof over your head
  40. drinking water

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