← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 484 · 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.🎯 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
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  3. 3.True or false: “a warm blanket” is a want. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a bigger TV (d) rice and dal
  5. 5.🛒 Need or want: a video game? (a) a want (b) a need
  6. 6.Which of these is a need? (a) a toy robot (b) a bigger TV (c) soap (d) sweets every day
  7. 7.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) school shoes (d) designer sunglasses
  8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) rice and dal (d) a third pair of shoes
  9. 9.True or false: “a video game” is a need. (a) True (b) False
  10. 10.Which of these is a need? (a) sweets every day (b) school shoes (c) a bigger TV (d) a party dress
  11. 11.🛒 Need or want: sweets every day? (a) a want (b) a need
  12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) drinking water (d) bus fare to school
  13. 13.True or false: “soap” is a need. (a) True (b) False
  14. 14.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) soap (d) a party dress
  15. 15.🛒 Need or want: a school uniform? (a) a need (b) a want
  16. 16.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  17. 17.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) sweets every day (d) a fancy phone cover
  18. 18.🔍 Which is the odd one out? (a) sweets every day (b) rice and dal (c) a fancy phone cover (d) a third pair of shoes
  19. 19.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) notebooks for school (d) a video game
  20. 20.🛒 Need or want: a bigger TV? (a) a want (b) a need
  21. 21.🛒 Need or want: soap? (a) a need (b) a want
  22. 22.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  23. 23.Which of these is a want? (a) medicine when ill (b) soap (c) a school uniform (d) sweets every day
  24. 24.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  25. 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  26. 26.🛒 Need or want: a toy robot? (a) a want (b) a need
  27. 27.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
  28. 28.🛒 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
  29. 29.🛒 Need or want: a warm blanket? (a) a want (b) a need
  30. 30.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) soap (d) a toy robot
  31. 31.🔍 Which is the odd one out? (a) soap (b) school shoes (c) notebooks for school (d) a sticker album
  32. 32.True or false: “a school uniform” is a want. (a) True (b) False
  33. 33.🛒 Need or want: a sticker album? (a) a need (b) a want
  34. 34.Which of these is a want? (a) a roof over your head (b) a third pair of shoes (c) drinking water (d) notebooks for school
  35. 35.True or false: “rice and dal” is a want. (a) True (b) False
  36. 36.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  37. 37.Which of these is a need? (a) a sticker album (b) a party dress (c) medicine when ill (d) sweets every day
  38. 38.True or false: “drinking water” is a need. (a) False (b) True
  39. 39.True or false: “designer sunglasses” is a need. (a) True (b) False
  40. 40.True or false: “a bigger TV” is a need. (a) True (b) False

Answer key

  1. many people want it
  2. hot drinks
  3. False
  4. a bigger TV
  5. a want
  6. soap
  7. school shoes
  8. a third pair of shoes
  9. False
  10. school shoes
  11. a want
  12. designer sunglasses
  13. True
  14. a party dress
  15. a need
  16. a want
  17. soap
  18. rice and dal
  19. a video game
  20. a want
  21. a need
  22. a need: food
  23. sweets every day
  24. a want
  25. a want
  26. a want
  27. we must have to live
  28. the needs
  29. a need
  30. a toy robot
  31. a sticker album
  32. False
  33. a want
  34. a third pair of shoes
  35. False
  36. umbrellas and raincoats
  37. medicine when ill
  38. True
  39. False
  40. False

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