← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 965 · 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.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
  2. 2.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) bus fare to school (d) a fancy phone cover
  3. 3.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) a toy robot (d) bus fare to school
  4. 4.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) a third pair of shoes (d) a video game
  5. 5.🛒 Need or want: a video game? (a) a want (b) a need
  6. 6.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
  7. 7.🛒 Need or want: drinking water? (a) a need (b) a want
  8. 8.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) drinking water (d) a sticker album
  9. 9.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) drinking water (d) a party dress
  10. 10.🛒 Need or want: bus fare to school? (a) a want (b) a need
  11. 11.True or false: “rice and dal” is a need. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) rice and dal (d) a third pair of shoes
  13. 13.Which of these is a need? (a) a party dress (b) a toy robot (c) a school uniform (d) a video game
  14. 14.True or false: “a party dress” is a want. (a) True (b) False
  15. 15.Which of these is a want? (a) school shoes (b) notebooks for school (c) a toy robot (d) medicine when ill
  16. 16.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) sweets every day (d) a bigger TV
  17. 17.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a school uniform (d) a video game
  18. 18.🛒 Need or want: school shoes? (a) a need (b) a want
  19. 19.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
  20. 20.True or false: “school shoes” is a want. (a) True (b) False
  21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
  22. 22.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
  23. 23.True or false: “a school uniform” is a want. (a) True (b) False
  24. 24.True or false: “a fancy phone cover” is a need. (a) True (b) False
  25. 25.True or false: “a glitter pen set” is a want. (a) True (b) False
  26. 26.True or false: “notebooks for school” is a want. (a) True (b) False
  27. 27.True or false: “a sticker album” is a need. (a) True (b) False
  28. 28.🛒 Need or want: a roof over your head? (a) a need (b) a want
  29. 29.True or false: “a school uniform” is a need. (a) False (b) True
  30. 30.🛒 Need or want: a sticker album? (a) a need (b) a want
  31. 31.Which of these is a want? (a) rice and dal (b) medicine when ill (c) bus fare to school (d) a party dress
  32. 32.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) rice and dal (d) school shoes
  33. 33.Which of these is a want? (a) school shoes (b) a roof over your head (c) a school uniform (d) designer sunglasses
  34. 34.🎯 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
  35. 35.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a video game (d) rice and dal
  36. 36.True or false: “drinking water” is a want. (a) False (b) True
  37. 37.True or false: “drinking water” is a need. (a) False (b) True
  38. 38.Which of these is a need? (a) sweets every day (b) school shoes (c) a sticker album (d) designer sunglasses
  39. 39.True or false: “rice and dal” is a want. (a) False (b) True
  40. 40.🛒 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

Answer key

  1. hot drinks
  2. a fancy phone cover
  3. bus fare to school
  4. a roof over your head
  5. a want
  6. a need: food
  7. a need
  8. a sticker album
  9. drinking water
  10. a need
  11. True
  12. a third pair of shoes
  13. a school uniform
  14. True
  15. a toy robot
  16. school shoes
  17. a school uniform
  18. a need
  19. we must have to live
  20. False
  21. people always need them
  22. a want
  23. False
  24. False
  25. True
  26. False
  27. False
  28. a need
  29. True
  30. a want
  31. a party dress
  32. designer sunglasses
  33. designer sunglasses
  34. many people want it
  35. rice and dal
  36. False
  37. True
  38. school shoes
  39. False
  40. the needs

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