← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 605 · 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 of these is a need? (a) a third pair of shoes (b) a sticker album (c) a school uniform (d) designer sunglasses
  2. 2.True or false: “school shoes” is a need. (a) True (b) False
  3. 3.Which of these is a want? (a) a roof over your head (b) school shoes (c) a bigger TV (d) drinking water
  4. 4.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a toy robot (d) a fancy phone cover
  5. 5.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
  6. 6.Which of these is a need? (a) a party dress (b) a glitter pen set (c) sweets every day (d) medicine when ill
  7. 7.True or false: “a bigger TV” is a need. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) school shoes (d) sweets every day
  9. 9.True or false: “medicine when ill” is a need. (a) False (b) True
  10. 10.🛒 Need or want: a roof over your head? (a) a want (b) a need
  11. 11.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a bigger TV (d) a glitter pen set
  12. 12.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) drinking water (d) a party dress
  13. 13.🛒 Need or want: a video game? (a) a want (b) a need
  14. 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
  15. 15.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) a third pair of shoes (d) a video game
  16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) school shoes (c) a warm blanket (d) designer sunglasses
  17. 17.True or false: “a fancy phone cover” is a need. (a) False (b) True
  18. 18.Which of these is a need? (a) a sticker album (b) a toy robot (c) a video game (d) notebooks for school
  19. 19.🛍️ 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
  20. 20.🛒 Need or want: bus fare to school? (a) a want (b) a need
  21. 21.🛒 Need or want: rice and dal? (a) a want (b) a need
  22. 22.🛒 Need or want: a toy robot? (a) a want (b) a need
  23. 23.🛒 Need or want: a party dress? (a) a want (b) a need
  24. 24.Which of these is a need? (a) a toy robot (b) sweets every day (c) a glitter pen set (d) soap
  25. 25.🛒 Need or want: school shoes? (a) a need (b) a want
  26. 26.True or false: “designer sunglasses” is a need. (a) False (b) True
  27. 27.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  28. 28.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
  29. 29.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
  30. 30.🛒 Need or want: notebooks for school? (a) a need (b) a want
  31. 31.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
  32. 32.🔍 Which is the odd one out? (a) soap (b) a video game (c) a toy robot (d) a party dress
  33. 33.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  34. 34.Which of these is a need? (a) a glitter pen set (b) drinking water (c) a party dress (d) a fancy phone cover
  35. 35.🔍 Which is the odd one out? (a) soap (b) a video game (c) a roof over your head (d) school shoes
  36. 36.True or false: “school shoes” is a want. (a) True (b) False
  37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
  38. 38.True or false: “a sticker album” is a want. (a) False (b) True
  39. 39.True or false: “a fancy phone cover” is a want. (a) True (b) False
  40. 40.🛒 Need or want: medicine when ill? (a) a need (b) a want

Answer key

  1. a school uniform
  2. True
  3. a bigger TV
  4. school shoes
  5. many people want it
  6. medicine when ill
  7. False
  8. school shoes
  9. True
  10. a need
  11. medicine when ill
  12. a party dress
  13. a want
  14. a need
  15. a roof over your head
  16. designer sunglasses
  17. False
  18. notebooks for school
  19. people always need them
  20. a need
  21. a need
  22. a want
  23. a want
  24. soap
  25. a need
  26. False
  27. a want
  28. a need: food
  29. we must have to live
  30. a need
  31. umbrellas and raincoats
  32. soap
  33. a want
  34. drinking water
  35. a video game
  36. False
  37. a need
  38. True
  39. True
  40. a need

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