← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 401 · 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 bigger TV? (a) a need (b) a want
  2. 2.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) designer sunglasses (d) a school uniform
  3. 3.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) soap (d) a video game
  4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) a roof over your head (d) a toy robot
  5. 5.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) school shoes (d) a toy robot
  6. 6.True or false: “a video game” is a need. (a) True (b) False
  7. 7.🛒 Need or want: rice and dal? (a) a need (b) a want
  8. 8.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) bus fare to school (d) notebooks for school
  9. 9.🛒 Need or want: soap? (a) a need (b) a want
  10. 10.True or false: “soap” is a want. (a) False (b) True
  11. 11.🛒 Need or want: medicine when ill? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a roof over your head (d) a warm blanket
  13. 13.True or false: “drinking water” is a want. (a) False (b) True
  14. 14.True or false: “a warm blanket” is a want. (a) True (b) False
  15. 15.True or false: “school shoes” is a want. (a) True (b) False
  16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
  17. 17.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a fancy phone cover (d) drinking water
  18. 18.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a third pair of shoes (d) bus fare to school
  19. 19.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a third pair of shoes (d) rice and dal
  20. 20.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  21. 21.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
  22. 22.Which of these is a want? (a) a school uniform (b) a roof over your head (c) sweets every day (d) bus fare to school
  23. 23.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
  24. 24.True or false: “notebooks for school” is a want. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) school shoes (d) a third pair of shoes
  26. 26.Which of these is a need? (a) a video game (b) a glitter pen set (c) a warm blanket (d) a party dress
  27. 27.True or false: “bus fare to school” is a want. (a) False (b) True
  28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
  29. 29.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) a school uniform (d) a sticker album
  30. 30.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  31. 31.🛒 Need or want: a sticker album? (a) a need (b) a want
  32. 32.True or false: “a sticker album” is a want. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) soap (d) a party dress
  34. 34.True or false: “rice and dal” is a want. (a) True (b) False
  35. 35.🛒 Need or want: a party dress? (a) a want (b) a need
  36. 36.True or false: “school shoes” is a need. (a) False (b) True
  37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
  38. 38.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
  39. 39.True or false: “rice and dal” is a need. (a) False (b) True
  40. 40.True or false: “medicine when ill” is a need. (a) True (b) False

Answer key

  1. a want
  2. a school uniform
  3. soap
  4. a roof over your head
  5. school shoes
  6. False
  7. a need
  8. a fancy phone cover
  9. a need
  10. False
  11. a need
  12. designer sunglasses
  13. False
  14. False
  15. False
  16. people always need them
  17. drinking water
  18. bus fare to school
  19. rice and dal
  20. a need: food
  21. umbrellas and raincoats
  22. sweets every day
  23. the needs
  24. False
  25. school shoes
  26. a warm blanket
  27. False
  28. a need
  29. a school uniform
  30. a want
  31. a want
  32. True
  33. soap
  34. False
  35. a want
  36. True
  37. a need
  38. many people want it
  39. True
  40. True

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