← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 297 · 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: “school shoes” is a need. (a) True (b) False
  2. 2.True or false: “designer sunglasses” is a want. (a) True (b) False
  3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
  4. 4.🛒 Need or want: soap? (a) a need (b) a want
  5. 5.True or false: “a video game” is a want. (a) False (b) True
  6. 6.🛒 Need or want: medicine when ill? (a) a want (b) a need
  7. 7.🛒 Need or want: notebooks for school? (a) a want (b) a need
  8. 8.Which of these is a want? (a) notebooks for school (b) a school uniform (c) school shoes (d) a video game
  9. 9.True or false: “a bigger TV” is a need. (a) False (b) True
  10. 10.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) a bigger TV (d) soap
  11. 11.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
  12. 12.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
  13. 13.True or false: “a warm blanket” is a want. (a) True (b) False
  14. 14.🛒 Need or want: a party dress? (a) a need (b) a want
  15. 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  16. 16.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) a warm blanket (d) school shoes
  17. 17.🛒 Need or want: a sticker album? (a) a want (b) a need
  18. 18.True or false: “a fancy phone cover” is a need. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) soap (d) a third pair of shoes
  20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  21. 21.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a glitter pen set (d) bus fare to school
  22. 22.True or false: “a roof over your head” is a want. (a) True (b) False
  23. 23.🛒 Need or want: a video game? (a) a need (b) a want
  24. 24.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) notebooks for school (d) bus fare to school
  25. 25.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
  26. 26.True or false: “a roof over your head” is a need. (a) False (b) True
  27. 27.True or false: “a video game” is a need. (a) False (b) True
  28. 28.Which of these is a need? (a) a toy robot (b) a warm blanket (c) a fancy phone cover (d) a video game
  29. 29.🔍 Which is the odd one out? (a) a glitter pen set (b) school shoes (c) designer sunglasses (d) a third pair of shoes
  30. 30.🛒 Need or want: a roof over your head? (a) a need (b) a want
  31. 31.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) designer sunglasses (d) drinking water
  32. 32.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
  33. 33.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  34. 34.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) bus fare to school (d) a fancy phone cover
  35. 35.🛒 Need or want: bus fare to school? (a) a want (b) a need
  36. 36.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a bigger TV (d) designer sunglasses
  37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) a third pair of shoes (d) designer sunglasses
  39. 39.True or false: “medicine when ill” is a need. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) sweets every day (d) a glitter pen set

Answer key

  1. True
  2. True
  3. a need
  4. a need
  5. True
  6. a need
  7. a need
  8. a video game
  9. False
  10. a bigger TV
  11. many people want it
  12. the needs
  13. False
  14. a want
  15. a want
  16. a bigger TV
  17. a want
  18. False
  19. a third pair of shoes
  20. a want
  21. bus fare to school
  22. False
  23. a want
  24. a third pair of shoes
  25. umbrellas and raincoats
  26. True
  27. False
  28. a warm blanket
  29. school shoes
  30. a need
  31. drinking water
  32. we must have to live
  33. a need: food
  34. a fancy phone cover
  35. a need
  36. a school uniform
  37. a need
  38. rice and dal
  39. True
  40. soap

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