← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 481 · 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 warm blanket? (a) a need (b) a want
  2. 2.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a video game (d) drinking water
  3. 3.🛒 Need or want: a roof over your head? (a) a need (b) a want
  4. 4.True or false: “bus fare to school” is a want. (a) True (b) False
  5. 5.Which of these is a want? (a) school shoes (b) a sticker album (c) drinking water (d) a warm blanket
  6. 6.Which of these is a want? (a) sweets every day (b) a roof over your head (c) notebooks for school (d) a school uniform
  7. 7.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) sweets every day (d) a video game
  8. 8.True or false: “a glitter pen set” is a need. (a) False (b) True
  9. 9.🛒 Need or want: drinking water? (a) a need (b) a want
  10. 10.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
  11. 11.🛒 Need or want: a video game? (a) a want (b) a need
  12. 12.🛒 Need or want: a party dress? (a) a want (b) a need
  13. 13.True or false: “a bigger TV” is a want. (a) True (b) False
  14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
  15. 15.True or false: “a third pair of shoes” is a want. (a) False (b) True
  16. 16.Which of these is a want? (a) drinking water (b) bus fare to school (c) notebooks for school (d) a fancy phone cover
  17. 17.Which of these is a need? (a) a party dress (b) sweets every day (c) a bigger TV (d) soap
  18. 18.🛒 Need or want: soap? (a) a need (b) a want
  19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) a sticker album (d) school shoes
  20. 20.True or false: “a roof over your head” is a need. (a) False (b) True
  21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
  22. 22.🛒 Need or want: a bigger TV? (a) a need (b) a want
  23. 23.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  24. 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
  25. 25.True or false: “medicine when ill” is a need. (a) True (b) False
  26. 26.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  27. 27.True or false: “a sticker album” is a want. (a) False (b) True
  28. 28.Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) school shoes (d) drinking water
  29. 29.True or false: “a sticker album” is a need. (a) False (b) True
  30. 30.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
  31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
  32. 32.Which of these is a need? (a) designer sunglasses (b) school shoes (c) a third pair of shoes (d) a party dress
  33. 33.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
  34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a video game (d) rice and dal
  35. 35.True or false: “a video game” is a want. (a) True (b) False
  36. 36.Which of these is a need? (a) a video game (b) a glitter pen set (c) a party dress (d) bus fare to school
  37. 37.True or false: “a school uniform” is a want. (a) True (b) False
  38. 38.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
  39. 39.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a fancy phone cover (d) notebooks for school
  40. 40.🛒 Need or want: medicine when ill? (a) a need (b) a want

Answer key

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

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