← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 328 · 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 of these is a need? (a) a video game (b) a toy robot (c) a glitter pen set (d) a roof over your head
  2. 2.True or false: “a video game” is a need. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a video game (d) a bigger TV
  4. 4.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) a fancy phone cover (d) a bigger TV
  5. 5.Which of these is a need? (a) sweets every day (b) drinking water (c) a glitter pen set (d) a party dress
  6. 6.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
  7. 7.🛒 Need or want: sweets every day? (a) a need (b) a want
  8. 8.Which of these is a want? (a) a school uniform (b) notebooks for school (c) sweets every day (d) drinking water
  9. 9.True or false: “a glitter pen set” is a need. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) soap (d) notebooks for school
  11. 11.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
  12. 12.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a third pair of shoes (d) medicine when ill
  13. 13.True or false: “a toy robot” is a want. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a fancy phone cover (d) medicine when ill
  15. 15.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  16. 16.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
  17. 17.Which of these is a need? (a) a bigger TV (b) notebooks for school (c) designer sunglasses (d) a sticker album
  18. 18.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) a glitter pen set (d) a third pair of shoes
  20. 20.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a video game (d) a third pair of shoes
  21. 21.🛒 Need or want: rice and dal? (a) a want (b) a need
  22. 22.True or false: “sweets every day” is a want. (a) True (b) False
  23. 23.True or false: “a party dress” is a need. (a) True (b) False
  24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
  25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
  26. 26.Which of these is a want? (a) rice and dal (b) a school uniform (c) a party dress (d) a warm blanket
  27. 27.True or false: “sweets every day” is a need. (a) False (b) True
  28. 28.🛒 Need or want: a party dress? (a) a need (b) a want
  29. 29.True or false: “rice and dal” is a need. (a) False (b) True
  30. 30.🛒 Need or want: drinking water? (a) a want (b) a need
  31. 31.True or false: “drinking water” is a want. (a) True (b) False
  32. 32.🛒 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
  33. 33.True or false: “a school uniform” is a want. (a) False (b) True
  34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
  35. 35.🛒 Need or want: a toy robot? (a) a need (b) a want
  36. 36.True or false: “a glitter pen set” is a want. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) a roof over your head (d) bus fare to school
  38. 38.🛒 Need or want: soap? (a) a want (b) a need
  39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) soap (d) a video game
  40. 40.🛒 Need or want: a third pair of shoes? (a) a need (b) a want

Answer key

  1. a roof over your head
  2. False
  3. a school uniform
  4. school shoes
  5. drinking water
  6. we must have to live
  7. a want
  8. sweets every day
  9. False
  10. designer sunglasses
  11. a need: food
  12. medicine when ill
  13. True
  14. medicine when ill
  15. a want
  16. many people want it
  17. notebooks for school
  18. a want
  19. a roof over your head
  20. bus fare to school
  21. a need
  22. True
  23. False
  24. a need
  25. a need
  26. a party dress
  27. False
  28. a want
  29. True
  30. a need
  31. False
  32. the needs
  33. False
  34. a need
  35. a want
  36. True
  37. a fancy phone cover
  38. a need
  39. a video game
  40. a want

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