← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

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

Answer key

  1. a need
  2. school shoes
  3. a need: food
  4. bus fare to school
  5. a toy robot
  6. hot drinks
  7. a want
  8. False
  9. True
  10. a need
  11. the needs
  12. a roof over your head
  13. a need
  14. False
  15. a need
  16. False
  17. a warm blanket
  18. a video game
  19. soap
  20. a need
  21. a want
  22. False
  23. many people want it
  24. a want
  25. a need
  26. a need
  27. designer sunglasses
  28. school shoes
  29. a sticker album
  30. True
  31. a school uniform
  32. False
  33. a toy robot
  34. True
  35. True
  36. a need
  37. a video game
  38. a glitter pen set
  39. people always need them
  40. a want

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