← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 203 · 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.Which of these is a want? (a) rice and dal (b) a warm blanket (c) drinking water (d) a toy robot
  2. 2.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) soap (d) a bigger TV
  3. 3.Which of these is a need? (a) a party dress (b) school shoes (c) a video game (d) a toy robot
  4. 4.Which of these is a want? (a) rice and dal (b) school shoes (c) a warm blanket (d) designer sunglasses
  5. 5.🛒 Need or want: a toy robot? (a) a need (b) a want
  6. 6.🛒 Need or want: a sticker album? (a) a need (b) a want
  7. 7.🛒 Need or want: a warm blanket? (a) a need (b) a want
  8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a glitter pen set (d) a warm blanket
  9. 9.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
  10. 10.True or false: “designer sunglasses” is a need. (a) True (b) False
  11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
  12. 12.True or false: “a warm blanket” is a want. (a) True (b) False
  13. 13.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
  14. 14.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  15. 15.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) medicine when ill (d) sweets every day
  16. 16.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) sweets every day (d) school shoes
  17. 17.Which of these is a want? (a) a warm blanket (b) a school uniform (c) medicine when ill (d) a third pair of shoes
  18. 18.🛒 Need or want: notebooks for school? (a) a need (b) a want
  19. 19.True or false: “drinking water” is a need. (a) True (b) False
  20. 20.🛒 Need or want: soap? (a) a want (b) a need
  21. 21.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  22. 22.True or false: “a school uniform” is a want. (a) False (b) True
  23. 23.True or false: “rice and dal” is a want. (a) False (b) True
  24. 24.Which of these is a need? (a) a fancy phone cover (b) a school uniform (c) sweets every day (d) a party dress
  25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
  26. 26.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) drinking water (d) soap
  27. 27.Which of these is a need? (a) bus fare to school (b) a video game (c) a party dress (d) a glitter pen set
  28. 28.🛒 Need or want: sweets every day? (a) a need (b) a want
  29. 29.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  30. 30.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  31. 31.True or false: “a sticker album” is a want. (a) False (b) True
  32. 32.🛒 Need or want: bus fare to school? (a) a need (b) a want
  33. 33.Which of these is a want? (a) a bigger TV (b) a roof over your head (c) soap (d) notebooks for school
  34. 34.🔍 Which is the odd one out? (a) soap (b) a video game (c) a warm blanket (d) bus fare to school
  35. 35.True or false: “notebooks for school” is a want. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a sticker album (d) notebooks for school
  37. 37.True or false: “a third pair of shoes” is a want. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) medicine when ill (d) a roof over your head
  39. 39.True or false: “a toy robot” is a need. (a) True (b) False
  40. 40.True or false: “bus fare to school” is a need. (a) True (b) False

Answer key

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

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