Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 178 · 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.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
2. 2.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a bigger TV (d) a toy robot
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
4. 4.🛒 Need or want: a school uniform? (a) a want (b) a need
5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
6. 6.Which of these is a need? (a) rice and dal (b) a video game (c) a party dress (d) a third pair of shoes
7. 7.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) soap (d) bus fare to school
8. 8.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) a glitter pen set (d) soap
9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) medicine when ill (d) notebooks for school
10. 10.True or false: “a toy robot” is a need. (a) True (b) False
11. 11.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a party dress (d) a toy robot
12. 12.Which of these is a want? (a) a fancy phone cover (b) medicine when ill (c) rice and dal (d) a warm blanket
13. 13.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
14. 14.True or false: “designer sunglasses” is a want. (a) False (b) True
15. 15.🛒 Need or want: school shoes? (a) a want (b) a need
16. 16.🛒 Need or want: drinking water? (a) a need (b) a want
17. 17.Which of these is a need? (a) a video game (b) medicine when ill (c) a toy robot (d) a fancy phone cover
18. 18.🛒 Need or want: a warm blanket? (a) a want (b) a need
19. 19.Which of these is a want? (a) a warm blanket (b) a toy robot (c) a school uniform (d) a roof over your head
20. 20.🛒 Need or want: a roof over your head? (a) a want (b) a need
21. 21.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a bigger TV (d) school shoes
22. 22.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
23. 23.🛒 Need or want: a video game? (a) a want (b) a need
24. 24.🛒 Need or want: sweets every day? (a) a want (b) a need
25. 25.Which of these is a need? (a) a party dress (b) a roof over your head (c) a bigger TV (d) designer sunglasses
26. 26.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
27. 27.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a glitter pen set (d) a third pair of shoes
28. 28.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) notebooks for school (d) a warm blanket
29. 29.Which of these is a want? (a) a bigger TV (b) rice and dal (c) medicine when ill (d) bus fare to school
30. 30.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a fancy phone cover (d) soap
31. 31.🛒 Need or want: medicine when ill? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) soap (d) medicine when ill
33. 33.Which of these is a need? (a) a video game (b) bus fare to school (c) a glitter pen set (d) a toy robot
34. 34.True or false: “medicine when ill” is a need. (a) True (b) False
35. 35.True or false: “soap” is a want. (a) False (b) True
36. 36.True or false: “medicine when ill” is a want. (a) True (b) False
37. 37.Which of these is a want? (a) a roof over your head (b) school shoes (c) a third pair of shoes (d) a warm blanket
38. 38.True or false: “a sticker album” is a want. (a) False (b) True
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
40. 40.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a warm blanket (d) a third pair of shoes

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