← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 259 · 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: drinking water? (a) a need (b) a want
  2. 2.True or false: “notebooks for school” is a need. (a) False (b) True
  3. 3.🛒 Need or want: a video game? (a) a want (b) a need
  4. 4.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) school shoes (d) a video game
  5. 5.🛒 Need or want: rice and dal? (a) a want (b) a need
  6. 6.Which of these is a want? (a) soap (b) a school uniform (c) designer sunglasses (d) medicine when ill
  7. 7.Which of these is a need? (a) a video game (b) a party dress (c) a bigger TV (d) a warm blanket
  8. 8.Which of these is a want? (a) drinking water (b) a video game (c) school shoes (d) a warm blanket
  9. 9.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) a warm blanket (d) rice and dal
  10. 10.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  11. 11.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) designer sunglasses (d) a bigger TV
  12. 12.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
  13. 13.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) drinking water (d) sweets every day
  14. 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
  15. 15.Which of these is a need? (a) drinking water (b) a video game (c) a bigger TV (d) a glitter pen set
  16. 16.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  17. 17.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) sweets every day (d) a third pair of shoes
  18. 18.🛒 Need or want: soap? (a) a want (b) a need
  19. 19.True or false: “a sticker album” is a need. (a) False (b) True
  20. 20.True or false: “a third pair of shoes” is a need. (a) False (b) True
  21. 21.Which of these is a need? (a) a party dress (b) rice and dal (c) a third pair of shoes (d) a sticker album
  22. 22.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  23. 23.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  24. 24.Which of these is a want? (a) soap (b) notebooks for school (c) a bigger TV (d) a warm blanket
  25. 25.True or false: “a third pair of shoes” is a want. (a) False (b) True
  26. 26.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  27. 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
  28. 28.True or false: “a roof over your head” is a want. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a third pair of shoes (d) a toy robot
  30. 30.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
  31. 31.🛒 Need or want: sweets every day? (a) a need (b) a want
  32. 32.Which of these is a want? (a) soap (b) a glitter pen set (c) a warm blanket (d) bus fare to school
  33. 33.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) a toy robot (d) a video game
  34. 34.🛒 Need or want: a party dress? (a) a need (b) a want
  35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) drinking water (d) a bigger TV
  36. 36.🛒 Need or want: a sticker album? (a) a want (b) a need
  37. 37.🛒 Need or want: notebooks for school? (a) a want (b) a need
  38. 38.True or false: “drinking water” is a need. (a) True (b) False
  39. 39.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
  40. 40.🛒 Need or want: a school uniform? (a) a need (b) a want

Answer key

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

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