← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 748 · 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: “a video game” is a want. (a) False (b) True
  2. 2.🛒 Need or want: a toy robot? (a) a need (b) a want
  3. 3.True or false: “a roof over your head” is a want. (a) True (b) False
  4. 4.Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) designer sunglasses (d) a sticker album
  5. 5.True or false: “a glitter pen set” is a need. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a bigger TV (d) a third pair of shoes
  7. 7.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) rice and dal (d) a video game
  8. 8.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  9. 9.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) rice and dal (d) designer sunglasses
  10. 10.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
  11. 11.🛒 Need or want: notebooks for school? (a) a want (b) a need
  12. 12.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) a warm blanket (d) medicine when ill
  13. 13.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) sweets every day (d) medicine when ill
  14. 14.Which of these is a want? (a) soap (b) a third pair of shoes (c) drinking water (d) a warm blanket
  15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
  16. 16.Which of these is a want? (a) bus fare to school (b) a school uniform (c) school shoes (d) a fancy phone cover
  17. 17.🛒 Need or want: a bigger TV? (a) a need (b) a want
  18. 18.True or false: “medicine when ill” is a need. (a) False (b) True
  19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) notebooks for school (d) designer sunglasses
  20. 20.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a video game (d) a fancy phone cover
  21. 21.🔍 Which is the odd one out? (a) a toy robot (b) a sticker album (c) a third pair of shoes (d) soap
  22. 22.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
  23. 23.True or false: “bus fare to school” is a want. (a) True (b) False
  24. 24.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a school uniform (d) a toy robot
  25. 25.🛍️ 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
  26. 26.True or false: “a sticker album” is a need. (a) True (b) False
  27. 27.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) rice and dal (d) a school uniform
  28. 28.True or false: “sweets every day” is a need. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) a school uniform (d) a bigger TV
  30. 30.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) drinking water (d) a bigger TV
  31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) a school uniform (d) school shoes
  32. 32.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  33. 33.Which of these is a need? (a) a video game (b) soap (c) sweets every day (d) a third pair of shoes
  34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) a school uniform (d) notebooks for school
  35. 35.Which of these is a need? (a) bus fare to school (b) a sticker album (c) a party dress (d) a video game
  36. 36.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
  37. 37.Which of these is a want? (a) sweets every day (b) notebooks for school (c) medicine when ill (d) a school uniform
  38. 38.True or false: “rice and dal” is a want. (a) True (b) False
  39. 39.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) drinking water (d) a fancy phone cover

Answer key

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

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