Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 132 · 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.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a sticker album (d) medicine when ill
2. 2.True or false: “a fancy phone cover” is a want. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a sticker album (b) a party dress (c) sweets every day (d) school shoes
4. 4.Which of these is a want? (a) soap (b) rice and dal (c) a toy robot (d) notebooks for school
5. 5.True or false: “a sticker album” is a need. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) a warm blanket (d) notebooks for school
7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
8. 8.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
10. 10.Which of these is a need? (a) sweets every day (b) school shoes (c) a sticker album (d) designer sunglasses
11. 11.True or false: “a glitter pen set” is a want. (a) False (b) True
12. 12.Which of these is a need? (a) a toy robot (b) a school uniform (c) a party dress (d) a fancy phone cover
13. 13.True or false: “notebooks for school” is a want. (a) False (b) True
14. 14.Which of these is a want? (a) school shoes (b) designer sunglasses (c) drinking water (d) a roof over your head
15. 15.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) designer sunglasses (d) a fancy phone cover
16. 16.True or false: “school shoes” is a need. (a) False (b) True
17. 17.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
18. 18.True or false: “sweets every day” is a need. (a) True (b) False
19. 19.🛒 Need or want: a party dress? (a) a want (b) a need
20. 20.True or false: “drinking water” is a need. (a) False (b) True
21. 21.True or false: “soap” is a need. (a) True (b) False
22. 22.Which of these is a want? (a) sweets every day (b) drinking water (c) rice and dal (d) medicine when ill
23. 23.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) soap (d) a third pair of shoes
24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
25. 25.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
26. 26.Which of these is a need? (a) a toy robot (b) a sticker album (c) a glitter pen set (d) soap
27. 27.🛒 Need or want: soap? (a) a need (b) a want
28. 28.🛒 Need or want: a toy robot? (a) a want (b) a need
29. 29.Which of these is a need? (a) designer sunglasses (b) a party dress (c) notebooks for school (d) a third pair of shoes
30. 30.🛒 Need or want: a glitter pen set? (a) a need (b) a want
31. 31.Which of these is a need? (a) a video game (b) sweets every day (c) bus fare to school (d) a bigger TV
32. 32.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) notebooks for school (d) a warm blanket
33. 33.True or false: “a roof over your head” is a want. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a fancy phone cover (d) a third pair of shoes
35. 35.🛒 Need or want: a bigger TV? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) medicine when ill (d) a fancy phone cover
37. 37.True or false: “school shoes” is a want. (a) False (b) True
38. 38.🛒 Need or want: a video game? (a) a want (b) a need
39. 39.🛒 Need or want: drinking water? (a) a need (b) a want
40. 40.True or false: “notebooks for school” is a need. (a) True (b) False

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