Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 124 · 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.True or false: “bus fare to school” is a want. (a) False (b) True
2. 2.Which of these is a need? (a) designer sunglasses (b) a video game (c) soap (d) a toy robot
3. 3.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) rice and dal (d) sweets every day
4. 4.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
5. 5.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) notebooks for school (d) a warm blanket
6. 6.True or false: “a party dress” is a want. (a) True (b) False
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
9. 9.Which of these is a need? (a) designer sunglasses (b) a warm blanket (c) a fancy phone cover (d) a glitter pen set
10. 10.🛒 Need or want: a school uniform? (a) a need (b) a want
11. 11.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
12. 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) medicine when ill (d) a sticker album
13. 13.True or false: “a warm blanket” is a want. (a) True (b) False
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.True or false: “sweets every day” is a need. (a) False (b) True
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
17. 17.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) a third pair of shoes (d) a bigger TV
18. 18.True or false: “rice and dal” is a want. (a) False (b) True
19. 19.🛒 Need or want: a video game? (a) a want (b) a need
20. 20.Which of these is a want? (a) medicine when ill (b) designer sunglasses (c) soap (d) notebooks for school
21. 21.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) bus fare to school (d) a video game
22. 22.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
23. 23.Which of these is a want? (a) a sticker album (b) soap (c) notebooks for school (d) bus fare to school
24. 24.🛒 Need or want: soap? (a) a need (b) a want
25. 25.True or false: “drinking water” is a need. (a) False (b) True
26. 26.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a third pair of shoes (d) a school uniform
27. 27.True or false: “notebooks for school” is a need. (a) True (b) False
28. 28.🛒 Need or want: drinking water? (a) a want (b) a need
29. 29.🛒 Need or want: a glitter pen set? (a) a need (b) a want
30. 30.True or false: “school shoes” is a want. (a) False (b) True
31. 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
32. 32.Which of these is a need? (a) drinking water (b) a party dress (c) designer sunglasses (d) sweets every day
33. 33.Which of these is a want? (a) a video game (b) a school uniform (c) notebooks for school (d) a warm blanket
34. 34.Which of these is a want? (a) soap (b) rice and dal (c) drinking water (d) a toy robot
35. 35.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) notebooks for school (d) sweets every day
36. 36.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) school shoes (d) soap
37. 37.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) soap (d) a roof over your head
38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a roof over your head (d) rice and dal
39. 39.🛒 Need or want: medicine when ill? (a) a want (b) a need
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites

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