← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 317 · 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: a video game? (a) a need (b) a want
  2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
  3. 3.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a roof over your head (d) a video game
  4. 4.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
  5. 5.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
  6. 6.True or false: “designer sunglasses” is a need. (a) True (b) False
  7. 7.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a video game (d) a party dress
  8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
  9. 9.True or false: “school shoes” is a need. (a) False (b) True
  10. 10.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a toy robot (d) school shoes
  11. 11.True or false: “bus fare to school” is a need. (a) False (b) True
  12. 12.🛒 Need or want: medicine when ill? (a) a want (b) a need
  13. 13.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a bigger TV (d) a warm blanket
  14. 14.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
  15. 15.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a warm blanket (d) a party dress
  16. 16.Which of these is a want? (a) rice and dal (b) school shoes (c) drinking water (d) a sticker album
  17. 17.Which of these is a need? (a) bus fare to school (b) a sticker album (c) sweets every day (d) a toy robot
  18. 18.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  19. 19.True or false: “a warm blanket” is a need. (a) False (b) True
  20. 20.True or false: “a fancy phone cover” is a want. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) sweets every day (d) drinking water
  22. 22.True or false: “a toy robot” is a need. (a) True (b) False
  23. 23.🛒 Need or want: a party dress? (a) a need (b) a want
  24. 24.True or false: “medicine when ill” is a need. (a) False (b) True
  25. 25.True or false: “drinking water” is a need. (a) True (b) False
  26. 26.Which of these is a need? (a) a party dress (b) a video game (c) medicine when ill (d) designer sunglasses
  27. 27.🛒 Need or want: a toy robot? (a) a need (b) a want
  28. 28.🛒 Need or want: a bigger TV? (a) a want (b) a need
  29. 29.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) notebooks for school (d) medicine when ill
  30. 30.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  31. 31.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  32. 32.Which of these is a want? (a) medicine when ill (b) drinking water (c) sweets every day (d) school shoes
  33. 33.Which of these is a need? (a) a toy robot (b) a party dress (c) a fancy phone cover (d) drinking water
  34. 34.🛒 Need or want: rice and dal? (a) a want (b) a need
  35. 35.True or false: “soap” is a need. (a) False (b) True
  36. 36.🛒 Need or want: soap? (a) a want (b) a need
  37. 37.🛒 Need or want: drinking water? (a) a want (b) a need
  38. 38.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
  39. 39.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) school shoes (d) sweets every day
  40. 40.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) school shoes (d) drinking water

Answer key

  1. a want
  2. people always need them
  3. a roof over your head
  4. hot drinks
  5. a need: food
  6. False
  7. a school uniform
  8. a need
  9. True
  10. a toy robot
  11. True
  12. a need
  13. a bigger TV
  14. many people want it
  15. a party dress
  16. a sticker album
  17. bus fare to school
  18. a want
  19. True
  20. True
  21. sweets every day
  22. False
  23. a want
  24. True
  25. True
  26. medicine when ill
  27. a want
  28. a want
  29. a fancy phone cover
  30. the needs
  31. a want
  32. sweets every day
  33. drinking water
  34. a need
  35. True
  36. a need
  37. a need
  38. umbrellas and raincoats
  39. school shoes
  40. a third pair of shoes

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