← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 786 · 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 of these is a want? (a) a roof over your head (b) a video game (c) a warm blanket (d) rice and dal
  2. 2.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) a video game (d) a school uniform
  3. 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
  5. 5.Which of these is a need? (a) medicine when ill (b) designer sunglasses (c) a third pair of shoes (d) a glitter pen set
  6. 6.🛒 Need or want: a sticker album? (a) a want (b) a need
  7. 7.🛒 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
  8. 8.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  9. 9.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a fancy phone cover (d) designer sunglasses
  10. 10.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
  11. 11.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a video game (d) bus fare to school
  12. 12.🛒 Need or want: a warm blanket? (a) a want (b) a need
  13. 13.Which of these is a want? (a) medicine when ill (b) a toy robot (c) a warm blanket (d) rice and dal
  14. 14.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) a fancy phone cover (d) notebooks for school
  15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
  16. 16.🛒 Need or want: drinking water? (a) a want (b) a need
  17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
  18. 18.True or false: “a toy robot” is a want. (a) False (b) True
  19. 19.🛒 Need or want: sweets every day? (a) a need (b) a want
  20. 20.🛒 Need or want: a party dress? (a) a want (b) a need
  21. 21.🔍 Which is the odd one out? (a) a toy robot (b) a sticker album (c) designer sunglasses (d) medicine when ill
  22. 22.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a toy robot (d) a bigger TV
  23. 23.True or false: “a warm blanket” is a need. (a) False (b) True
  24. 24.True or false: “a video game” is a need. (a) False (b) True
  25. 25.True or false: “a sticker album” is a want. (a) True (b) False
  26. 26.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a sticker album (d) soap
  27. 27.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a sticker album (d) a school uniform
  28. 28.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
  29. 29.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  30. 30.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) sweets every day (d) a toy robot
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.True or false: “a fancy phone cover” is a need. (a) True (b) False
  33. 33.Which of these is a need? (a) notebooks for school (b) a sticker album (c) designer sunglasses (d) a bigger TV
  34. 34.True or false: “designer sunglasses” is a need. (a) True (b) False
  35. 35.True or false: “drinking water” is a want. (a) False (b) True
  36. 36.True or false: “a toy robot” is a need. (a) True (b) False
  37. 37.True or false: “a bigger TV” is a want. (a) False (b) True
  38. 38.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) drinking water (d) medicine when ill
  39. 39.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a warm blanket (d) rice and dal
  40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a sticker album (d) drinking water

Answer key

  1. a video game
  2. a video game
  3. a want
  4. a need
  5. medicine when ill
  6. a want
  7. the needs
  8. hot drinks
  9. bus fare to school
  10. many people want it
  11. bus fare to school
  12. a need
  13. a toy robot
  14. a fancy phone cover
  15. people always need them
  16. a need
  17. a need: food
  18. True
  19. a want
  20. a want
  21. medicine when ill
  22. rice and dal
  23. True
  24. False
  25. True
  26. soap
  27. a sticker album
  28. we must have to live
  29. a want
  30. a roof over your head
  31. a need
  32. False
  33. notebooks for school
  34. False
  35. False
  36. False
  37. True
  38. a glitter pen set
  39. sweets every day
  40. drinking water

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