Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 10 · 40 questions

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.

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

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