← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 698 · 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.True or false: “notebooks for school” is a want. (a) True (b) False
  2. 2.Which of these is a want? (a) soap (b) drinking water (c) a sticker album (d) school shoes
  3. 3.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) bus fare to school (d) a bigger TV
  4. 4.True or false: “school shoes” is a need. (a) False (b) True
  5. 5.True or false: “a party dress” is a want. (a) False (b) True
  6. 6.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
  7. 7.Which of these is a want? (a) a party dress (b) soap (c) a warm blanket (d) drinking water
  8. 8.🔍 Which is the odd one out? (a) school shoes (b) a toy robot (c) a party dress (d) sweets every day
  9. 9.🛒 Need or want: drinking water? (a) a want (b) a need
  10. 10.🛒 Need or want: a warm blanket? (a) a want (b) a need
  11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) designer sunglasses (d) drinking water
  12. 12.True or false: “a glitter pen set” is a need. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a school uniform (d) rice and dal
  14. 14.True or false: “a toy robot” is a need. (a) False (b) True
  15. 15.🛒 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
  16. 16.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
  17. 17.🛒 Need or want: a sticker album? (a) a need (b) a want
  18. 18.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) drinking water (d) sweets every day
  19. 19.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a school uniform (d) a fancy phone cover
  20. 20.True or false: “school shoes” is a want. (a) False (b) True
  21. 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
  22. 22.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) soap (d) a roof over your head
  23. 23.Which of these is a want? (a) a glitter pen set (b) a roof over your head (c) bus fare to school (d) rice and dal
  24. 24.True or false: “medicine when ill” is a need. (a) True (b) False
  25. 25.🛒 Need or want: a party dress? (a) a need (b) a want
  26. 26.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a third pair of shoes (d) a bigger TV
  27. 27.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a sticker album (d) medicine when ill
  28. 28.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
  29. 29.🛒 Need or want: soap? (a) a want (b) a need
  30. 30.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  32. 32.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a toy robot (d) a roof over your head
  33. 33.Which of these is a want? (a) soap (b) a third pair of shoes (c) medicine when ill (d) a warm blanket
  34. 34.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) a sticker album (d) a toy robot
  35. 35.Which of these is a want? (a) school shoes (b) a roof over your head (c) sweets every day (d) bus fare to school
  36. 36.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) designer sunglasses (d) a fancy phone cover
  37. 37.Which of these is a want? (a) rice and dal (b) a video game (c) school shoes (d) a school uniform
  38. 38.🛒 Need or want: school shoes? (a) a want (b) a need
  39. 39.🛒 Need or want: a toy robot? (a) a need (b) a want
  40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) a bigger TV (d) a party dress

Answer key

  1. False
  2. a sticker album
  3. a bigger TV
  4. True
  5. True
  6. a need: food
  7. a party dress
  8. school shoes
  9. a need
  10. a need
  11. drinking water
  12. False
  13. a toy robot
  14. False
  15. the needs
  16. many people want it
  17. a want
  18. sweets every day
  19. a school uniform
  20. False
  21. a need
  22. a third pair of shoes
  23. a glitter pen set
  24. True
  25. a want
  26. bus fare to school
  27. medicine when ill
  28. hot drinks
  29. a need
  30. a want
  31. a want
  32. a roof over your head
  33. a third pair of shoes
  34. notebooks for school
  35. sweets every day
  36. a roof over your head
  37. a video game
  38. a need
  39. a want
  40. a warm blanket

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