← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 245 · 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.True or false: “a toy robot” is a want. (a) False (b) True
  2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  3. 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
  4. 4.🛒 Need or want: medicine when ill? (a) a need (b) a want
  5. 5.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a bigger TV (d) soap
  6. 6.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
  7. 7.🛒 Need or want: school shoes? (a) a want (b) a need
  8. 8.Which of these is a want? (a) medicine when ill (b) a video game (c) notebooks for school (d) a school uniform
  9. 9.🛒 Need or want: notebooks for school? (a) a want (b) a need
  10. 10.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
  11. 11.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) drinking water (d) a toy robot
  12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) a third pair of shoes (d) drinking water
  14. 14.🛒 Need or want: a toy robot? (a) a need (b) a want
  15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
  16. 16.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  17. 17.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) drinking water (d) a sticker album
  18. 18.True or false: “a sticker album” is a want. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) sweets every day (d) a warm blanket
  20. 20.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a third pair of shoes (d) school shoes
  21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) a school uniform (d) a sticker album
  22. 22.Which of these is a need? (a) soap (b) a party dress (c) designer sunglasses (d) a sticker album
  23. 23.🛒 Need or want: rice and dal? (a) a need (b) a want
  24. 24.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a third pair of shoes (d) school shoes
  25. 25.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a toy robot (d) a warm blanket
  26. 26.🛒 Need or want: sweets every day? (a) a want (b) a need
  27. 27.True or false: “designer sunglasses” is a want. (a) False (b) True
  28. 28.Which of these is a want? (a) drinking water (b) medicine when ill (c) a roof over your head (d) sweets every day
  29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  30. 30.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a fancy phone cover (d) medicine when ill
  31. 31.True or false: “a fancy phone cover” is a need. (a) True (b) False
  32. 32.True or false: “medicine when ill” is a want. (a) True (b) False
  33. 33.True or false: “a video game” is a need. (a) False (b) True
  34. 34.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  35. 35.🛒 Need or want: a roof over your head? (a) a need (b) a want
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) a glitter pen set (d) a fancy phone cover
  37. 37.True or false: “notebooks for school” is a want. (a) False (b) True
  38. 38.Which of these is a want? (a) drinking water (b) designer sunglasses (c) school shoes (d) soap
  39. 39.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) drinking water (d) a third pair of shoes
  40. 40.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) a bigger TV (d) sweets every day

Answer key

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

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