← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 735 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
  2. 2.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
  3. 3.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  4. 4.🛒 Need or want: drinking water? (a) a need (b) a want
  5. 5.Which of these is a want? (a) school shoes (b) a toy robot (c) a roof over your head (d) medicine when ill
  6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) soap (d) rice and dal
  7. 7.🔍 Which is the odd one out? (a) designer sunglasses (b) a roof over your head (c) a toy robot (d) a third pair of shoes
  8. 8.Which of these is a want? (a) a school uniform (b) a video game (c) bus fare to school (d) soap
  9. 9.🔍 Which is the odd one out? (a) bus fare to school (b) a third pair of shoes (c) a school uniform (d) drinking water
  10. 10.Which of these is a need? (a) a warm blanket (b) a video game (c) a bigger TV (d) a third pair of shoes
  11. 11.🛒 Need or want: rice and dal? (a) a want (b) a need
  12. 12.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a fancy phone cover (d) school shoes
  13. 13.🛒 Need or want: a video game? (a) a want (b) a need
  14. 14.Which of these is a need? (a) a glitter pen set (b) drinking water (c) a bigger TV (d) sweets every day
  15. 15.🛒 Need or want: a warm blanket? (a) a need (b) a want
  16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) drinking water (d) medicine when ill
  17. 17.🛒 Need or want: medicine when ill? (a) a need (b) a want
  18. 18.🛒 Need or want: school shoes? (a) a need (b) a want
  19. 19.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  20. 20.🛒 Need or want: a sticker album? (a) a need (b) a want
  21. 21.🛒 Need or want: a roof over your head? (a) a want (b) a need
  22. 22.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
  23. 23.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a third pair of shoes (d) a roof over your head
  24. 24.True or false: “a school uniform” is a want. (a) False (b) True
  25. 25.True or false: “a roof over your head” is a need. (a) False (b) True
  26. 26.Which of these is a want? (a) school shoes (b) drinking water (c) a roof over your head (d) sweets every day
  27. 27.🛒 Need or want: a bigger TV? (a) a want (b) a need
  28. 28.True or false: “a warm blanket” is a want. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a party dress (d) notebooks for school
  30. 30.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) medicine when ill (d) a sticker album
  31. 31.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a roof over your head (d) a glitter pen set
  32. 32.Which of these is a need? (a) rice and dal (b) a bigger TV (c) sweets every day (d) a glitter pen set
  33. 33.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) rice and dal (d) soap
  34. 34.🛒 Need or want: notebooks for school? (a) a want (b) a need
  35. 35.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a warm blanket (d) a party dress
  36. 36.True or false: “school shoes” is a want. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) sweets every day (d) designer sunglasses
  38. 38.🎯 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
  39. 39.True or false: “drinking water” is a want. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) notebooks for school (d) a fancy phone cover

Answer key

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

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