← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 554 · 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) designer sunglasses (b) a party dress (c) a glitter pen set (d) a warm blanket
  2. 2.True or false: “soap” is a need. (a) False (b) True
  3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
  4. 4.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  5. 5.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
  6. 6.Which of these is a need? (a) designer sunglasses (b) a video game (c) soap (d) a third pair of shoes
  7. 7.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) medicine when ill (d) a video game
  8. 8.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
  9. 9.True or false: “rice and dal” is a need. (a) False (b) True
  10. 10.🛒 Need or want: a sticker album? (a) a want (b) a need
  11. 11.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) medicine when ill (d) rice and dal
  12. 12.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
  13. 13.Which of these is a need? (a) bus fare to school (b) a sticker album (c) a video game (d) designer sunglasses
  14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
  15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  16. 16.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) rice and dal (d) a party dress
  17. 17.🔍 Which is the odd one out? (a) a sticker album (b) a party dress (c) bus fare to school (d) a bigger TV
  18. 18.True or false: “a roof over your head” is a want. (a) True (b) False
  19. 19.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) a school uniform
  20. 20.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) school shoes (d) a glitter pen set
  21. 21.True or false: “school shoes” is a need. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) medicine when ill (d) designer sunglasses
  23. 23.Which of these is a want? (a) soap (b) a warm blanket (c) a party dress (d) medicine when ill
  24. 24.True or false: “school shoes” is a want. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a video game (d) notebooks for school
  26. 26.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) a bigger TV (d) soap
  27. 27.Which of these is a want? (a) a toy robot (b) medicine when ill (c) rice and dal (d) a roof over your head
  28. 28.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a party dress (d) school shoes
  29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) sweets every day (d) drinking water
  30. 30.Which of these is a want? (a) school shoes (b) soap (c) a bigger TV (d) a warm blanket
  31. 31.True or false: “bus fare to school” is a want. (a) True (b) False
  32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a warm blanket (d) sweets every day
  33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
  34. 34.🛒 Need or want: a bigger TV? (a) a want (b) a need
  35. 35.🛒 Need or want: rice and dal? (a) a want (b) a need
  36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) a toy robot (d) rice and dal
  37. 37.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a roof over your head (d) a third pair of shoes
  38. 38.🛒 Need or want: notebooks for school? (a) a want (b) a need
  39. 39.Which of these is a want? (a) soap (b) designer sunglasses (c) bus fare to school (d) a roof over your head
  40. 40.🛒 Need or want: school shoes? (a) a want (b) a need

Answer key

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

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