Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 265 · 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: “a toy robot” is a need. (a) True (b) False
2. 2.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) rice and dal (d) a video game
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
4. 4.🛒 Need or want: designer sunglasses? (a) a want (b) a need
5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) a fancy phone cover (d) notebooks for school
6. 6.True or false: “a video game” is a need. (a) True (b) False
7. 7.🛒 Need or want: medicine when ill? (a) a want (b) a need
8. 8.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) a warm blanket
9. 9.Which of these is a need? (a) a sticker album (b) bus fare to school (c) a bigger TV (d) a toy robot
10. 10.Which of these is a want? (a) rice and dal (b) notebooks for school (c) medicine when ill (d) a party dress
11. 11.Which of these is a want? (a) medicine when ill (b) a toy robot (c) a roof over your head (d) school shoes
12. 12.True or false: “rice and dal” is a need. (a) True (b) False
13. 13.🛒 Need or want: a toy robot? (a) a need (b) a want
14. 14.True or false: “notebooks for school” is a need. (a) True (b) False
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.🛒 Need or want: soap? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) bus fare to school (d) a warm blanket
18. 18.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
20. 20.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) a video game (d) a toy robot
21. 21.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) drinking water (d) a sticker album
22. 22.🛒 Need or want: sweets every day? (a) a need (b) a want
23. 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) soap (d) school shoes
24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
25. 25.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) sweets every day (d) school shoes
26. 26.🛒 Need or want: a sticker album? (a) a want (b) a need
27. 27.True or false: “rice and dal” is a want. (a) False (b) True
28. 28.True or false: “a warm blanket” is a need. (a) True (b) False
29. 29.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a third pair of shoes (d) a school uniform
30. 30.Which of these is a want? (a) school shoes (b) a warm blanket (c) bus fare to school (d) designer sunglasses
31. 31.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
32. 32.🛒 Need or want: rice and dal? (a) a want (b) a need
33. 33.True or false: “a school uniform” is a need. (a) False (b) True
34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) a roof over your head (d) a party dress
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) soap (d) sweets every day
37. 37.Which of these is a need? (a) soap (b) a party dress (c) a glitter pen set (d) a fancy phone cover
38. 38.True or false: “school shoes” is a need. (a) False (b) True
39. 39.Which of these is a need? (a) rice and dal (b) sweets every day (c) a bigger TV (d) a fancy phone cover
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