← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 946 · 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: drinking water? (a) a want (b) a need
  2. 2.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a video game (d) a roof over your head
  3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
  4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
  5. 5.True or false: “a third pair of shoes” is a need. (a) True (b) False
  6. 6.Which of these is a need? (a) a party dress (b) sweets every day (c) a warm blanket (d) a sticker album
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
  8. 8.True or false: “designer sunglasses” is a need. (a) False (b) True
  9. 9.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) rice and dal (d) a fancy phone cover
  10. 10.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) designer sunglasses (d) drinking water
  11. 11.True or false: “bus fare to school” is a want. (a) True (b) False
  12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
  13. 13.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
  14. 14.True or false: “a toy robot” is a want. (a) True (b) False
  15. 15.True or false: “a video game” is a want. (a) False (b) True
  16. 16.Which of these is a want? (a) a school uniform (b) drinking water (c) notebooks for school (d) a video game
  17. 17.True or false: “a warm blanket” is a need. (a) True (b) False
  18. 18.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  19. 19.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) rice and dal (d) a video game
  20. 20.True or false: “a video game” is a need. (a) True (b) False
  21. 21.True or false: “a party dress” is a need. (a) False (b) True
  22. 22.True or false: “a school uniform” is a want. (a) True (b) False
  23. 23.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a glitter pen set (d) a warm blanket
  24. 24.True or false: “rice and dal” is a want. (a) False (b) True
  25. 25.🛒 Need or want: medicine when ill? (a) a want (b) a need
  26. 26.True or false: “drinking water” is a need. (a) False (b) True
  27. 27.🛒 Need or want: a roof over your head? (a) a want (b) a need
  28. 28.True or false: “school shoes” is a want. (a) False (b) True
  29. 29.Which of these is a want? (a) a warm blanket (b) rice and dal (c) medicine when ill (d) a toy robot
  30. 30.True or false: “a warm blanket” is a want. (a) False (b) True
  31. 31.Which of these is a want? (a) school shoes (b) drinking water (c) a third pair of shoes (d) a roof over your head
  32. 32.Which of these is a need? (a) a toy robot (b) a sticker album (c) a school uniform (d) a glitter pen set
  33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
  34. 34.🛒 Need or want: soap? (a) a need (b) a want
  35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a party dress (d) medicine when ill
  36. 36.🛒 Need or want: rice and dal? (a) a want (b) a need
  37. 37.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
  38. 38.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) a third pair of shoes (d) a video game
  39. 39.True or false: “soap” is a need. (a) False (b) True
  40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) drinking water (d) sweets every day

Answer key

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

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