← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 230 · 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 is the odd one out? (a) a warm blanket (b) a glitter pen set (c) bus fare to school (d) drinking water
  2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  3. 3.🛒 Need or want: notebooks for school? (a) a want (b) a need
  4. 4.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) designer sunglasses (d) a glitter pen set
  5. 5.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
  6. 6.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
  7. 7.True or false: “a fancy phone cover” is a need. (a) True (b) False
  8. 8.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  9. 9.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a warm blanket (d) a fancy phone cover
  10. 10.🛒 Need or want: medicine when ill? (a) a need (b) a want
  11. 11.🛒 Need or want: a school uniform? (a) a want (b) a need
  12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a video game (d) a toy robot
  13. 13.🛒 Need or want: a warm blanket? (a) a want (b) a need
  14. 14.🛒 Need or want: a bigger TV? (a) a need (b) a want
  15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a third pair of shoes (d) a warm blanket
  16. 16.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  17. 17.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  18. 18.True or false: “a glitter pen set” is a want. (a) False (b) True
  19. 19.🛒 Need or want: sweets every day? (a) a want (b) a need
  20. 20.True or false: “medicine when ill” is a want. (a) False (b) True
  21. 21.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  22. 22.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a third pair of shoes (d) a school uniform
  23. 23.Which of these is a want? (a) a third pair of shoes (b) notebooks for school (c) bus fare to school (d) a warm blanket
  24. 24.True or false: “a warm blanket” is a want. (a) True (b) False
  25. 25.🛒 Need or want: school shoes? (a) a need (b) a want
  26. 26.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a third pair of shoes (d) rice and dal
  27. 27.True or false: “drinking water” is a want. (a) False (b) True
  28. 28.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
  29. 29.🛒 Need or want: rice and dal? (a) a want (b) a need
  30. 30.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) a glitter pen set (d) a toy robot
  31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) school shoes (d) a party dress
  32. 32.Which of these is a want? (a) a warm blanket (b) soap (c) medicine when ill (d) a toy robot
  33. 33.True or false: “drinking water” is a need. (a) False (b) True
  34. 34.True or false: “sweets every day” is a need. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) drinking water (b) a toy robot (c) school shoes (d) a warm blanket
  36. 36.True or false: “a glitter pen set” is a need. (a) False (b) True
  37. 37.Which of these is a want? (a) a school uniform (b) school shoes (c) notebooks for school (d) designer sunglasses
  38. 38.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a roof over your head (d) a party dress
  39. 39.True or false: “a warm blanket” is a need. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) sweets every day (d) school shoes

Answer key

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

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