← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 636 · 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 tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
  2. 2.🛒 Need or want: notebooks for school? (a) a need (b) a want
  3. 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
  4. 4.🛒 Need or want: soap? (a) a need (b) a want
  5. 5.Which of these is a want? (a) school shoes (b) a warm blanket (c) bus fare to school (d) a glitter pen set
  6. 6.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) notebooks for school (d) designer sunglasses
  7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) medicine when ill (d) a school uniform
  8. 8.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
  9. 9.True or false: “drinking water” is a want. (a) False (b) True
  10. 10.Which of these is a want? (a) school shoes (b) a roof over your head (c) a sticker album (d) notebooks for school
  11. 11.🛒 Need or want: rice and dal? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) medicine when ill (d) notebooks for school
  13. 13.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  14. 14.Which of these is a need? (a) sweets every day (b) school shoes (c) a party dress (d) a fancy phone cover
  15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  16. 16.🛒 Need or want: a video game? (a) a want (b) a need
  17. 17.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a warm blanket (d) a party dress
  18. 18.True or false: “notebooks for school” is a want. (a) False (b) True
  19. 19.Which of these is a need? (a) soap (b) a fancy phone cover (c) a third pair of shoes (d) a sticker album
  20. 20.🛒 Need or want: school shoes? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) designer sunglasses (d) a roof over your head
  22. 22.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill
  23. 23.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) a school uniform (d) medicine when ill
  24. 24.True or false: “soap” is a need. (a) False (b) True
  25. 25.True or false: “school shoes” is a need. (a) False (b) True
  26. 26.🛒 Need or want: a warm blanket? (a) a need (b) a want
  27. 27.True or false: “a school uniform” is a want. (a) False (b) True
  28. 28.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  29. 29.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) a warm blanket (d) school shoes
  30. 30.🔍 Which is the odd one out? (a) school shoes (b) a bigger TV (c) notebooks for school (d) medicine when ill
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
  33. 33.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) a party dress (d) drinking water
  34. 34.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a sticker album (d) a warm blanket
  35. 35.Which of these is a need? (a) a video game (b) rice and dal (c) a bigger TV (d) sweets every day
  36. 36.True or false: “a party dress” is a need. (a) True (b) False
  37. 37.True or false: “medicine when ill” is a want. (a) False (b) True
  38. 38.True or false: “sweets every day” 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.True or false: “a roof over your head” is a need. (a) False (b) True

Answer key

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

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