Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 269 · 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: “sweets every day” is a need. (a) True (b) False
2. 2.🛒 Need or want: sweets every day? (a) a want (b) a need
3. 3.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a third pair of shoes (d) a school uniform
4. 4.Which of these is a need? (a) drinking water (b) a sticker album (c) a video game (d) a party dress
5. 5.🛒 Need or want: medicine when ill? (a) a need (b) a want
6. 6.Which of these is a want? (a) rice and dal (b) a party dress (c) drinking water (d) a roof over your head
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.True or false: “a party dress” is a want. (a) True (b) False
9. 9.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a toy robot (d) a roof over your head
10. 10.Which of these is a need? (a) a video game (b) a sticker album (c) a fancy phone cover (d) rice and dal
11. 11.🛒 Need or want: a party dress? (a) a want (b) a need
12. 12.True or false: “rice and dal” is a want. (a) True (b) False
13. 13.True or false: “a toy robot” is a want. (a) True (b) False
14. 14.True or false: “a toy robot” is a need. (a) False (b) True
15. 15.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) a school uniform
16. 16.True or false: “a bigger TV” is a need. (a) False (b) True
17. 17.True or false: “a warm blanket” is a want. (a) False (b) True
18. 18.🛒 Need or want: bus fare to school? (a) a want (b) a need
19. 19.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) a warm blanket (d) a third pair of shoes
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
22. 22.True or false: “a warm blanket” is a need. (a) False (b) True
23. 23.🛒 Need or want: a video game? (a) a want (b) a need
24. 24.True or false: “a school uniform” is a want. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) a party dress (c) a toy robot (d) a video game
26. 26.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
27. 27.True or false: “medicine when ill” is a want. (a) False (b) True
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
29. 29.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) drinking water (d) a party dress
30. 30.True or false: “school shoes” is a want. (a) True (b) False
31. 31.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) soap (d) a roof over your head
32. 32.True or false: “soap” is a want. (a) True (b) False
33. 33.🛒 Need or want: school shoes? (a) a want (b) a need
34. 34.True or false: “school shoes” is a need. (a) False (b) True
35. 35.True or false: “a glitter pen set” is a want. (a) False (b) True
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a warm blanket (d) bus fare to school
37. 37.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) drinking water (d) a school uniform
38. 38.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) a toy robot (d) drinking water
39. 39.Which of these is a want? (a) a third pair of shoes (b) drinking water (c) a school uniform (d) soap
40. 40.🛒 Need or want: soap? (a) a want (b) a need

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