Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 209 · 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.🛍️ 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
2. 2.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a glitter pen set (d) school shoes
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) notebooks for school (d) a toy robot
4. 4.True or false: “medicine when ill” is a need. (a) True (b) False
5. 5.True or false: “a school uniform” is a want. (a) False (b) True
6. 6.Which of these is a want? (a) school shoes (b) medicine when ill (c) a party dress (d) bus fare to school
7. 7.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a third pair of shoes (d) a sticker album
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
9. 9.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) a sticker album (d) designer sunglasses
10. 10.🛒 Need or want: a school uniform? (a) a want (b) a need
11. 11.🛒 Need or want: soap? (a) a want (b) a need
12. 12.True or false: “drinking water” is a want. (a) False (b) True
13. 13.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a fancy phone cover
14. 14.🛒 Need or want: a roof over your head? (a) a want (b) a need
15. 15.True or false: “a roof over your head” is a want. (a) True (b) False
16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
17. 17.🎯 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
18. 18.🛒 Need or want: a bigger TV? (a) a need (b) a want
19. 19.Which of these is a want? (a) drinking water (b) school shoes (c) medicine when ill (d) designer sunglasses
20. 20.Which of these is a want? (a) notebooks for school (b) drinking water (c) a school uniform (d) a toy robot
21. 21.True or false: “a toy robot” is a need. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) designer sunglasses (d) drinking water
23. 23.Which of these is a want? (a) a roof over your head (b) school shoes (c) medicine when ill (d) a fancy phone cover
24. 24.Which of these is a want? (a) a third pair of shoes (b) school shoes (c) bus fare to school (d) medicine when ill
25. 25.True or false: “soap” is a want. (a) True (b) False
26. 26.True or false: “a sticker album” is a need. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a school uniform (b) a third pair of shoes (c) a party dress (d) sweets every day
28. 28.🛒 Need or want: designer sunglasses? (a) a want (b) a need
29. 29.Which of these is a want? (a) school shoes (b) sweets every day (c) rice and dal (d) medicine when ill
30. 30.Which of these is a need? (a) a video game (b) a toy robot (c) a third pair of shoes (d) drinking water
31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) a bigger TV (c) rice and dal (d) a warm blanket
32. 32.True or false: “designer sunglasses” is a need. (a) True (b) False
33. 33.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) school shoes (d) a toy robot
34. 34.Which of these is a need? (a) a toy robot (b) a bigger TV (c) rice and dal (d) designer sunglasses
35. 35.🛒 Need or want: sweets every day? (a) a want (b) a need
36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) a roof over your head (d) a video game
37. 37.Which of these is a want? (a) school shoes (b) a video game (c) soap (d) bus fare to school
38. 38.True or false: “a bigger TV” is a need. (a) False (b) True
39. 39.True or false: “bus fare to school” is a want. (a) False (b) True
40. 40.True or false: “a toy robot” is a want. (a) False (b) True

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