← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 647 · 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.🛒 Need or want: soap? (a) a want (b) a need
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
  3. 3.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
  4. 4.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a party dress (d) a warm blanket
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
  7. 7.🛒 Need or want: notebooks for school? (a) a want (b) a need
  8. 8.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
  9. 9.True or false: “a toy robot” is a need. (a) False (b) True
  10. 10.True or false: “rice and dal” is a want. (a) True (b) False
  11. 11.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
  12. 12.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) bus fare to school (d) a roof over your head
  13. 13.🛒 Need or want: a bigger TV? (a) a need (b) a want
  14. 14.Which of these is a need? (a) a sticker album (b) soap (c) a third pair of shoes (d) a bigger TV
  15. 15.🛒 Need or want: a warm blanket? (a) a need (b) a want
  16. 16.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) bus fare to school (d) rice and dal
  17. 17.Which of these is a need? (a) a video game (b) designer sunglasses (c) sweets every day (d) rice and dal
  18. 18.True or false: “a bigger TV” is a want. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) drinking water (d) school shoes
  20. 20.True or false: “a party dress” is a want. (a) False (b) True
  21. 21.🛒 Need or want: rice and dal? (a) a need (b) a want
  22. 22.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) drinking water (d) a bigger TV
  23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) a third pair of shoes (d) drinking water
  25. 25.True or false: “sweets every day” is a want. (a) False (b) True
  26. 26.🛒 Need or want: drinking water? (a) a need (b) a want
  27. 27.True or false: “school shoes” is a want. (a) False (b) True
  28. 28.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a party dress (d) school shoes
  29. 29.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
  30. 30.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) rice and dal (d) a school uniform
  33. 33.🛒 Need or want: a roof over your head? (a) a need (b) a want
  34. 34.True or false: “a glitter pen set” is a want. (a) True (b) False
  35. 35.True or false: “bus fare to school” is a want. (a) True (b) False
  36. 36.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) medicine when ill (d) a video game
  37. 37.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) a sticker album (d) designer sunglasses
  39. 39.🛒 Need or want: a video game? (a) a need (b) a want
  40. 40.🛒 Need or want: a glitter pen set? (a) a want (b) a need

Answer key

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

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