← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 768 · 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.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) notebooks for school (d) sweets every day
  2. 2.True or false: “medicine when ill” is a want. (a) False (b) True
  3. 3.🛒 Need or want: school shoes? (a) a want (b) a need
  4. 4.🛒 Need or want: a party dress? (a) a want (b) a need
  5. 5.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a roof over your head (d) a bigger TV
  7. 7.True or false: “a party dress” is a need. (a) True (b) False
  8. 8.🎯 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
  9. 9.True or false: “bus fare to school” is a need. (a) True (b) False
  10. 10.True or false: “bus fare to school” is a want. (a) False (b) True
  11. 11.🛒 Need or want: a roof over your head? (a) a need (b) a want
  12. 12.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) school shoes (d) drinking water
  13. 13.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) notebooks for school (d) a school uniform
  14. 14.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a bigger TV (d) designer sunglasses
  15. 15.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
  16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
  17. 17.True or false: “a party dress” is a want. (a) True (b) False
  18. 18.Which of these is a need? (a) a toy robot (b) a sticker album (c) a party dress (d) bus fare to school
  19. 19.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
  20. 20.True or false: “a bigger TV” is a want. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) rice and dal (d) medicine when ill
  22. 22.🛒 Need or want: a sticker album? (a) a need (b) a want
  23. 23.Which of these is a want? (a) medicine when ill (b) rice and dal (c) bus fare to school (d) a video game
  24. 24.Which of these is a need? (a) sweets every day (b) soap (c) a video game (d) a third pair of shoes
  25. 25.Which of these is a want? (a) a warm blanket (b) drinking water (c) a school uniform (d) sweets every day
  26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
  27. 27.Which of these is a want? (a) school shoes (b) soap (c) a toy robot (d) a school uniform
  28. 28.True or false: “soap” is a want. (a) False (b) True
  29. 29.True or false: “notebooks for school” is a need. (a) True (b) False
  30. 30.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) a roof over your head (d) drinking water
  31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  32. 32.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  33. 33.🛒 Need or want: soap? (a) a want (b) a need
  34. 34.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a bigger TV (d) a warm blanket
  35. 35.Which of these is a need? (a) a video game (b) designer sunglasses (c) a warm blanket (d) a bigger TV
  36. 36.Which of these is a need? (a) school shoes (b) a party dress (c) a fancy phone cover (d) a third pair of shoes
  37. 37.🛒 Need or want: notebooks for school? (a) a want (b) a need
  38. 38.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
  39. 39.Which of these is a need? (a) a video game (b) a bigger TV (c) a toy robot (d) medicine when ill
  40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a video game (d) medicine when ill

Answer key

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

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