← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 843 · 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.🛒 Need or want: a video game? (a) a want (b) a need
  2. 2.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
  3. 3.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
  4. 4.True or false: “a roof over your head” is a want. (a) True (b) False
  5. 5.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a fancy phone cover (d) designer sunglasses
  6. 6.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
  7. 7.Which of these is a want? (a) sweets every day (b) a roof over your head (c) school shoes (d) medicine when ill
  8. 8.Which of these is a need? (a) a third pair of shoes (b) a roof over your head (c) designer sunglasses (d) a toy robot
  9. 9.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) designer sunglasses (d) notebooks for school
  10. 10.True or false: “a roof over your head” is a need. (a) True (b) False
  11. 11.🔍 Which is the odd one out? (a) a video game (b) soap (c) designer sunglasses (d) a bigger TV
  12. 12.True or false: “a warm blanket” is a need. (a) False (b) True
  13. 13.🛒 Need or want: a toy robot? (a) a need (b) a want
  14. 14.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) medicine when ill (d) designer sunglasses
  15. 15.Which of these is a want? (a) a fancy phone cover (b) soap (c) school shoes (d) notebooks for school
  16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a video game (d) a school uniform
  17. 17.True or false: “a fancy phone cover” is a need. (a) False (b) True
  18. 18.True or false: “medicine when ill” is a want. (a) False (b) True
  19. 19.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
  20. 20.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) designer sunglasses (d) a fancy phone cover
  21. 21.🛒 Need or want: a warm blanket? (a) a want (b) a need
  22. 22.🛒 Need or want: notebooks for school? (a) a need (b) a want
  23. 23.Which of these is a need? (a) medicine when ill (b) a glitter pen set (c) a toy robot (d) designer sunglasses
  24. 24.Which of these is a want? (a) a glitter pen set (b) a warm blanket (c) drinking water (d) rice and dal
  25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
  26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
  27. 27.🛒 Need or want: a school uniform? (a) a want (b) a need
  28. 28.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a toy robot (d) a warm blanket
  29. 29.True or false: “rice and dal” is a want. (a) False (b) True
  30. 30.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  31. 31.True or false: “a video game” is a want. (a) True (b) False
  32. 32.True or false: “a third pair of shoes” is a need. (a) False (b) True
  33. 33.Which of these is a want? (a) medicine when ill (b) a sticker album (c) a school uniform (d) rice and dal
  34. 34.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) a bigger TV (d) drinking water
  35. 35.True or false: “notebooks for school” is a want. (a) True (b) False
  36. 36.Which of these is a need? (a) a fancy phone cover (b) soap (c) a toy robot (d) designer sunglasses
  37. 37.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) a video game (d) bus fare to school
  38. 38.Which of these is a want? (a) a party dress (b) rice and dal (c) medicine when ill (d) a warm blanket
  39. 39.🛒 Need or want: rice and dal? (a) a want (b) a need
  40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) a toy robot (d) a fancy phone cover

Answer key

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

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