Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 144 · 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 is the odd one out? (a) medicine when ill (b) sweets every day (c) soap (d) rice and dal
2. 2.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a school uniform (d) a fancy phone cover
3. 3.True or false: “a fancy phone cover” is a want. (a) True (b) False
4. 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) school shoes (d) medicine when ill
6. 6.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) bus fare to school (d) a party dress
7. 7.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a fancy phone cover (d) a third pair of shoes
8. 8.Which of these is a want? (a) a warm blanket (b) school shoes (c) a school uniform (d) a bigger TV
9. 9.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a toy robot (d) soap
10. 10.🛒 Need or want: sweets every day? (a) a need (b) a want
11. 11.🛒 Need or want: rice and dal? (a) a need (b) a want
12. 12.True or false: “medicine when ill” is a need. (a) True (b) False
13. 13.True or false: “a school uniform” is a want. (a) True (b) False
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
15. 15.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) a third pair of shoes (d) rice and dal
16. 16.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a video game (d) a glitter pen set
17. 17.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
18. 18.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
19. 19.🛒 Need or want: a video game? (a) a want (b) a need
20. 20.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a warm blanket (d) a video game
21. 21.🛒 Need or want: a sticker album? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) a sticker album (b) medicine when ill (c) a bigger TV (d) a third pair of shoes
23. 23.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a glitter pen set (d) bus fare to school
24. 24.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) bus fare to school (d) drinking water
25. 25.True or false: “soap” is a need. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) designer sunglasses (d) notebooks for school
27. 27.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
28. 28.🛒 Need or want: a school uniform? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a glitter pen set (d) soap
30. 30.🛒 Need or want: a warm blanket? (a) a need (b) a want
31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) a toy robot (d) designer sunglasses
32. 32.True or false: “a video game” is a need. (a) True (b) False
33. 33.Which of these is a want? (a) sweets every day (b) a roof over your head (c) rice and dal (d) drinking water
34. 34.Which of these is a need? (a) a glitter pen set (b) a video game (c) medicine when ill (d) a bigger TV
35. 35.True or false: “a bigger TV” is a need. (a) True (b) False
36. 36.True or false: “a fancy phone cover” is a need. (a) True (b) False
37. 37.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
38. 38.Which of these is a want? (a) drinking water (b) notebooks for school (c) a fancy phone cover (d) a roof over your head
39. 39.True or false: “a sticker album” is a need. (a) False (b) True
40. 40.🛒 Need or want: a glitter pen set? (a) a need (b) a want

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