← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 991 · 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 of these is a want? (a) rice and dal (b) bus fare to school (c) a video game (d) a roof over your head
  2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  3. 3.True or false: “a warm blanket” is a want. (a) False (b) True
  4. 4.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
  5. 5.🛒 Need or want: soap? (a) a want (b) a need
  6. 6.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
  7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
  8. 8.True or false: “designer sunglasses” is a want. (a) True (b) False
  9. 9.Which of these is a want? (a) drinking water (b) rice and dal (c) a fancy phone cover (d) a warm blanket
  10. 10.🛒 Need or want: medicine when ill? (a) a want (b) a need
  11. 11.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a party dress (d) medicine when ill
  12. 12.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a bigger TV (d) a roof over your head
  13. 13.True or false: “a bigger TV” is a need. (a) False (b) True
  14. 14.True or false: “a school uniform” is a need. (a) False (b) True
  15. 15.True or false: “bus fare to school” is a want. (a) False (b) True
  16. 16.True or false: “drinking water” is a want. (a) False (b) True
  17. 17.🛒 Need or want: rice and dal? (a) a want (b) a need
  18. 18.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a school uniform (d) bus fare to school
  19. 19.🛒 Need or want: a warm blanket? (a) a need (b) a want
  20. 20.🛒 Need or want: a video game? (a) a need (b) a want
  21. 21.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) soap (d) a third pair of shoes
  22. 22.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) a fancy phone cover (d) rice and dal
  23. 23.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a school uniform (d) sweets every day
  24. 24.True or false: “notebooks for school” is a want. (a) True (b) False
  25. 25.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
  26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
  27. 27.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) drinking water (d) a fancy phone cover
  28. 28.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) drinking water (d) a roof over your head
  29. 29.True or false: “a third pair of shoes” is a want. (a) True (b) False
  30. 30.🛒 Need or want: drinking water? (a) a want (b) a need
  31. 31.Which of these is a need? (a) a third pair of shoes (b) a warm blanket (c) a fancy phone cover (d) a glitter pen set
  32. 32.Which of these is a need? (a) a glitter pen set (b) a video game (c) bus fare to school (d) a party dress
  33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
  34. 34.True or false: “a toy robot” is a want. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) notebooks for school (d) a third pair of shoes
  36. 36.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) drinking water (d) rice and dal
  37. 37.True or false: “a glitter pen set” is a want. (a) False (b) True
  38. 38.Which of these is a want? (a) school shoes (b) notebooks for school (c) a toy robot (d) a warm blanket
  39. 39.Which of these is a want? (a) rice and dal (b) school shoes (c) bus fare to school (d) designer sunglasses
  40. 40.Which of these is a need? (a) notebooks for school (b) a glitter pen set (c) a video game (d) a party dress

Answer key

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

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