← Needs and wants lesson New set →

Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 997 · 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 bigger TV? (a) a need (b) a want
  2. 2.True or false: “soap” is a want. (a) True (b) False
  3. 3.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  4. 4.Which of these is a want? (a) bus fare to school (b) sweets every day (c) soap (d) medicine when ill
  5. 5.🛒 Need or want: notebooks for school? (a) a want (b) a need
  6. 6.🛒 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
  7. 7.True or false: “a video game” is a need. (a) False (b) True
  8. 8.Which of these is a need? (a) medicine when ill (b) a toy robot (c) a bigger TV (d) a glitter pen set
  9. 9.True or false: “designer sunglasses” is a want. (a) False (b) True
  10. 10.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a school uniform (d) a bigger TV
  11. 11.True or false: “a toy robot” is a want. (a) True (b) False
  12. 12.Which of these is a need? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) a video game
  13. 13.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a fancy phone cover (d) bus fare to school
  14. 14.True or false: “rice and dal” is a need. (a) True (b) False
  15. 15.True or false: “school shoes” is a need. (a) False (b) True
  16. 16.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
  17. 17.🛒 Need or want: a sticker album? (a) a need (b) a want
  18. 18.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
  19. 19.🛒 Need or want: a party dress? (a) a want (b) a need
  20. 20.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a party dress (d) sweets every day
  21. 21.🛒 Need or want: designer sunglasses? (a) a want (b) a need
  22. 22.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
  23. 23.True or false: “a glitter pen set” is a want. (a) False (b) True
  24. 24.True or false: “a party dress” is a need. (a) False (b) True
  25. 25.True or false: “a fancy phone cover” is a need. (a) True (b) False
  26. 26.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
  27. 27.Which of these is a want? (a) a fancy phone cover (b) a roof over your head (c) bus fare to school (d) soap
  28. 28.True or false: “school shoes” is a want. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) medicine when ill (b) a third pair of shoes (c) a sticker album (d) a party dress
  30. 30.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a roof over your head (d) medicine when ill
  31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
  32. 32.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a fancy phone cover (d) a third pair of shoes
  33. 33.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a warm blanket (d) a video game
  34. 34.🛒 Need or want: a warm blanket? (a) a need (b) a want
  35. 35.True or false: “a sticker album” is a need. (a) True (b) False
  36. 36.True or false: “medicine when ill” is a need. (a) False (b) True
  37. 37.Which of these is a need? (a) a bigger TV (b) soap (c) sweets every day (d) a sticker album
  38. 38.True or false: “a roof over your head” is a want. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) designer sunglasses (d) a roof over your head
  40. 40.🛒 Need or want: a school uniform? (a) a need (b) a want

Answer key

  1. a want
  2. False
  3. a want
  4. sweets every day
  5. a need
  6. the needs
  7. False
  8. medicine when ill
  9. True
  10. a school uniform
  11. True
  12. notebooks for school
  13. bus fare to school
  14. True
  15. True
  16. umbrellas and raincoats
  17. a want
  18. many people want it
  19. a want
  20. soap
  21. a want
  22. a need: food
  23. True
  24. False
  25. False
  26. hot drinks
  27. a fancy phone cover
  28. False
  29. medicine when ill
  30. a glitter pen set
  31. a need
  32. drinking water
  33. a warm blanket
  34. a need
  35. False
  36. True
  37. soap
  38. False
  39. designer sunglasses
  40. a need

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