← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 546 · 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) a school uniform (b) a roof over your head (c) school shoes (d) a third pair of shoes
  2. 2.🛒 Need or want: soap? (a) a need (b) a want
  3. 3.True or false: “soap” is a need. (a) True (b) False
  4. 4.Which of these is a need? (a) a video game (b) school shoes (c) designer sunglasses (d) a fancy phone cover
  5. 5.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) rice and dal (d) designer sunglasses
  6. 6.True or false: “notebooks for school” is a want. (a) True (b) False
  7. 7.True or false: “soap” is a want. (a) True (b) False
  8. 8.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
  9. 9.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a bigger TV (d) bus fare to school
  10. 10.True or false: “a warm blanket” is a need. (a) False (b) True
  11. 11.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
  12. 12.🛒 Need or want: notebooks for school? (a) a want (b) a need
  13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
  14. 14.🛒 Need or want: a video game? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) sweets every day (d) rice and dal
  16. 16.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a glitter pen set (d) a warm blanket
  17. 17.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
  18. 18.Which of these is a need? (a) a warm blanket (b) a party dress (c) a fancy phone cover (d) a third pair of shoes
  19. 19.True or false: “bus fare to school” is a want. (a) True (b) False
  20. 20.True or false: “medicine when ill” is a need. (a) False (b) True
  21. 21.Which of these is a want? (a) a warm blanket (b) school shoes (c) soap (d) designer sunglasses
  22. 22.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) bus fare to school (d) a video game
  23. 23.True or false: “a third pair of shoes” is a need. (a) False (b) True
  24. 24.🛒 Need or want: a party dress? (a) a need (b) a want
  25. 25.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) designer sunglasses (d) drinking water
  26. 26.🛒 Need or want: a sticker album? (a) a want (b) a need
  27. 27.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) school shoes (d) bus fare to school
  28. 28.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  29. 29.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) drinking water (d) sweets every day
  30. 30.Which of these is a need? (a) medicine when ill (b) sweets every day (c) a third pair of shoes (d) a party dress
  31. 31.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a third pair of shoes (d) a glitter pen set
  32. 32.Which of these is a need? (a) notebooks for school (b) a fancy phone cover (c) a sticker album (d) a party dress
  33. 33.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) soap (d) a bigger TV
  34. 34.True or false: “rice and dal” is a need. (a) False (b) True
  35. 35.True or false: “a video game” is a want. (a) True (b) False
  36. 36.True or false: “bus fare to school” is a need. (a) False (b) True
  37. 37.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a warm blanket (d) a glitter pen set
  38. 38.🔍 Which is the odd one out? (a) a school uniform (b) a party dress (c) a video game (d) sweets every day
  39. 39.True or false: “a sticker album” is a want. (a) True (b) False
  40. 40.True or false: “a sticker album” is a need. (a) False (b) True

Answer key

  1. a third pair of shoes
  2. a need
  3. True
  4. school shoes
  5. designer sunglasses
  6. False
  7. False
  8. many people want it
  9. bus fare to school
  10. True
  11. we must have to live
  12. a need
  13. a need
  14. a want
  15. sweets every day
  16. a glitter pen set
  17. people always need them
  18. a warm blanket
  19. False
  20. True
  21. designer sunglasses
  22. a video game
  23. False
  24. a want
  25. drinking water
  26. a want
  27. a fancy phone cover
  28. the needs
  29. sweets every day
  30. medicine when ill
  31. rice and dal
  32. notebooks for school
  33. soap
  34. True
  35. True
  36. True
  37. a glitter pen set
  38. a school uniform
  39. True
  40. False

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