← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 939 · 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) sweets every day (b) a video game (c) a third pair of shoes (d) school shoes
  2. 2.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a video game (d) sweets every day
  3. 3.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a warm blanket (d) notebooks for school
  4. 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
  5. 5.🛒 Need or want: drinking water? (a) a want (b) a need
  6. 6.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  7. 7.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  8. 8.🛒 Need or want: a roof over your head? (a) a want (b) a need
  9. 9.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
  10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
  11. 11.True or false: “medicine when ill” is a need. (a) True (b) False
  12. 12.True or false: “a party dress” is a want. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) designer sunglasses (d) rice and dal
  14. 14.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) soap (d) a toy robot
  15. 15.Which of these is a want? (a) a party dress (b) school shoes (c) a roof over your head (d) bus fare to school
  16. 16.True or false: “a sticker album” is a want. (a) True (b) False
  17. 17.Which of these is a want? (a) notebooks for school (b) soap (c) a toy robot (d) drinking water
  18. 18.True or false: “bus fare to school” is a need. (a) False (b) True
  19. 19.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a roof over your head (d) sweets every day
  20. 20.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
  21. 21.Which of these is a want? (a) school shoes (b) a sticker album (c) a warm blanket (d) bus fare to school
  22. 22.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) a fancy phone cover (d) a third pair of shoes
  23. 23.True or false: “sweets every day” is a want. (a) False (b) True
  24. 24.True or false: “a glitter pen set” is a need. (a) False (b) True
  25. 25.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) soap (d) rice and dal
  26. 26.True or false: “designer sunglasses” is a want. (a) True (b) False
  27. 27.🛒 Need or want: a toy robot? (a) a need (b) a want
  28. 28.True or false: “medicine when ill” is a want. (a) True (b) False
  29. 29.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a video game (d) a toy robot
  30. 30.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a warm blanket (d) a third pair of shoes
  33. 33.Which of these is a want? (a) a warm blanket (b) a school uniform (c) school shoes (d) sweets every day
  34. 34.Which of these is a want? (a) a roof over your head (b) designer sunglasses (c) notebooks for school (d) rice and dal
  35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a roof over your head (d) sweets every day
  36. 36.🛒 Need or want: a video game? (a) a need (b) a want
  37. 37.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a video game (d) notebooks for school
  38. 38.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  39. 39.Which of these is a need? (a) sweets every day (b) a toy robot (c) a warm blanket (d) a bigger TV
  40. 40.🛒 Need or want: school shoes? (a) a want (b) a need

Answer key

  1. school shoes
  2. medicine when ill
  3. sweets every day
  4. the needs
  5. a need
  6. a want
  7. a want
  8. a need
  9. we must have to live
  10. a want
  11. True
  12. True
  13. rice and dal
  14. soap
  15. a party dress
  16. True
  17. a toy robot
  18. True
  19. a roof over your head
  20. hot drinks
  21. a sticker album
  22. rice and dal
  23. True
  24. False
  25. a fancy phone cover
  26. True
  27. a want
  28. False
  29. drinking water
  30. umbrellas and raincoats
  31. a need
  32. a third pair of shoes
  33. sweets every day
  34. designer sunglasses
  35. a roof over your head
  36. a want
  37. a video game
  38. a want
  39. a warm blanket
  40. a need

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