← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 970 · 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 roof over your head? (a) a want (b) a need
  2. 2.🛒 Need or want: a sticker album? (a) a need (b) a want
  3. 3.🛒 Need or want: drinking water? (a) a need (b) a want
  4. 4.True or false: “medicine when ill” is a want. (a) True (b) False
  5. 5.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  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 is the odd one out? (a) bus fare to school (b) a video game (c) rice and dal (d) a roof over your head
  8. 8.🛒 Need or want: a bigger TV? (a) a need (b) a want
  9. 9.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) rice and dal (d) notebooks for school
  10. 10.True or false: “a third pair of shoes” is a need. (a) True (b) False
  11. 11.🛒 Need or want: sweets every day? (a) a need (b) a want
  12. 12.True or false: “a warm blanket” is a want. (a) True (b) False
  13. 13.True or false: “a glitter pen set” is a want. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a third pair of shoes (d) rice and dal
  15. 15.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) a roof over your head (d) sweets every day
  16. 16.Which of these is a need? (a) a bigger TV (b) school shoes (c) a party dress (d) designer sunglasses
  17. 17.🛒 Need or want: notebooks for school? (a) a need (b) a want
  18. 18.🛒 Need or want: school shoes? (a) a want (b) a need
  19. 19.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) school shoes (d) a roof over your head
  20. 20.🛒 Need or want: a glitter pen set? (a) a want (b) a need
  21. 21.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
  22. 22.🛒 Need or want: soap? (a) a want (b) a need
  23. 23.🛒 Need or want: medicine when ill? (a) a need (b) a want
  24. 24.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) a third pair of shoes (d) a party dress
  25. 25.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) a video game (d) a third pair of shoes
  26. 26.True or false: “rice and dal” is a want. (a) True (b) False
  27. 27.Which of these is a want? (a) a roof over your head (b) drinking water (c) medicine when ill (d) designer sunglasses
  28. 28.Which of these is a want? (a) rice and dal (b) drinking water (c) sweets every day (d) medicine when ill
  29. 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) a glitter pen set (d) sweets every day
  30. 30.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a warm blanket (d) a glitter pen set
  31. 31.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a warm blanket (d) a sticker album
  32. 32.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a bigger TV (d) bus fare to school
  33. 33.🛒 Need or want: a video game? (a) a want (b) a need
  34. 34.True or false: “a fancy phone cover” is a need. (a) True (b) False
  35. 35.🛒 Need or want: a warm blanket? (a) a want (b) a need
  36. 36.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) medicine when ill (d) sweets every day
  37. 37.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) soap (d) school shoes
  38. 38.True or false: “a toy robot” is a need. (a) False (b) True
  39. 39.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
  40. 40.Which of these is a want? (a) school shoes (b) drinking water (c) a fancy phone cover (d) a warm blanket

Answer key

  1. a need
  2. a want
  3. a need
  4. False
  5. a want
  6. many people want it
  7. a video game
  8. a want
  9. a sticker album
  10. False
  11. a want
  12. False
  13. True
  14. a third pair of shoes
  15. a roof over your head
  16. school shoes
  17. a need
  18. a need
  19. a glitter pen set
  20. a want
  21. hot drinks
  22. a need
  23. a need
  24. bus fare to school
  25. a school uniform
  26. False
  27. designer sunglasses
  28. sweets every day
  29. school shoes
  30. a warm blanket
  31. a warm blanket
  32. bus fare to school
  33. a want
  34. False
  35. a need
  36. medicine when ill
  37. a party dress
  38. False
  39. the needs
  40. a fancy phone cover

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