← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 400 · 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 is the odd one out? (a) rice and dal (b) school shoes (c) a video game (d) drinking water
  2. 2.True or false: “a warm blanket” is a want. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) bus fare to school (b) a sticker album (c) school shoes (d) a roof over your head
  4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) designer sunglasses (d) a party dress
  5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  6. 6.True or false: “a video game” is a need. (a) True (b) False
  7. 7.Which of these is a want? (a) a roof over your head (b) rice and dal (c) school shoes (d) a third pair of shoes
  8. 8.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) rice and dal (d) sweets every day
  9. 9.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  10. 10.🛒 Need or want: school shoes? (a) a need (b) a want
  11. 11.True or false: “drinking water” is a need. (a) True (b) False
  12. 12.Which of these is a want? (a) drinking water (b) school shoes (c) medicine when ill (d) a glitter pen set
  13. 13.True or false: “a party dress” is a want. (a) True (b) False
  14. 14.🛒 Need or want: medicine when ill? (a) a want (b) a need
  15. 15.True or false: “a video game” is a want. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a third pair of shoes (d) bus fare to school
  17. 17.True or false: “sweets every day” is a need. (a) True (b) False
  18. 18.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  19. 19.True or false: “rice and dal” is a need. (a) False (b) True
  20. 20.🛒 Need or want: a party dress? (a) a want (b) a need
  21. 21.Which of these is a want? (a) a video game (b) rice and dal (c) medicine when ill (d) bus fare to school
  22. 22.Which of these is a need? (a) a video game (b) a sticker album (c) soap (d) a third pair of shoes
  23. 23.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) a roof over your head (d) a video game
  24. 24.Which of these is a need? (a) a toy robot (b) a video game (c) drinking water (d) a party dress
  25. 25.True or false: “a sticker album” is a need. (a) True (b) False
  26. 26.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  27. 27.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
  28. 28.Which of these is a want? (a) rice and dal (b) a warm blanket (c) soap (d) sweets every day
  29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
  30. 30.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) a party dress (d) a bigger TV
  31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
  32. 32.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  33. 33.🛒 Need or want: soap? (a) a need (b) a want
  34. 34.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) designer sunglasses (d) school shoes
  35. 35.Which of these is a want? (a) soap (b) a sticker album (c) rice and dal (d) drinking water
  36. 36.🛒 Need or want: a toy robot? (a) a need (b) a want
  37. 37.Which of these is a need? (a) rice and dal (b) a sticker album (c) a third pair of shoes (d) a party dress
  38. 38.🛒 Need or want: sweets every day? (a) a want (b) a need
  39. 39.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) bus fare to school (d) a bigger TV
  40. 40.Which of these is a need? (a) a warm blanket (b) a glitter pen set (c) a toy robot (d) a third pair of shoes

Answer key

  1. a video game
  2. False
  3. a sticker album
  4. rice and dal
  5. a want
  6. False
  7. a third pair of shoes
  8. sweets every day
  9. a want
  10. a need
  11. True
  12. a glitter pen set
  13. True
  14. a need
  15. True
  16. bus fare to school
  17. False
  18. a want
  19. True
  20. a want
  21. a video game
  22. soap
  23. a roof over your head
  24. drinking water
  25. False
  26. a want
  27. the needs
  28. sweets every day
  29. people always need them
  30. a warm blanket
  31. a need
  32. umbrellas and raincoats
  33. a need
  34. school shoes
  35. a sticker album
  36. a want
  37. rice and dal
  38. a want
  39. a bigger TV
  40. a warm blanket

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