Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 309 · 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) a toy robot (b) a sticker album (c) a bigger TV (d) a school uniform
3. 3.Which of these is a want? (a) drinking water (b) soap (c) medicine when ill (d) a glitter pen set
4. 4.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) bus fare to school (d) a roof over your head
5. 5.True or false: “a bigger TV” is a need. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) drinking water (d) a glitter pen set
7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a video game (d) a roof over your head
8. 8.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a school uniform (d) a party dress
9. 9.True or false: “designer sunglasses” is a need. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) rice and dal (d) a toy robot
11. 11.🛒 Need or want: sweets every day? (a) a need (b) a want
12. 12.Which of these is a want? (a) rice and dal (b) school shoes (c) a video game (d) a school uniform
13. 13.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a bigger TV (d) designer sunglasses
14. 14.Which of these is a need? (a) a video game (b) a sticker album (c) a fancy phone cover (d) soap
15. 15.🛒 Need or want: a bigger TV? (a) a need (b) a want
16. 16.🛒 Need or want: soap? (a) a need (b) a want
17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
18. 18.Which of these is a want? (a) a school uniform (b) rice and dal (c) designer sunglasses (d) drinking water
19. 19.🔍 Which is the odd one out? (a) a sticker album (b) a party dress (c) rice and dal (d) a toy robot
20. 20.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a glitter pen set (d) a warm blanket
21. 21.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
22. 22.🛒 Need or want: a sticker album? (a) a want (b) a need
23. 23.Which of these is a need? (a) sweets every day (b) rice and dal (c) a toy robot (d) a party dress
24. 24.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) a fancy phone cover (d) a glitter pen set
25. 25.🛒 Need or want: notebooks for school? (a) a want (b) a need
26. 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
27. 27.Which of these is a want? (a) bus fare to school (b) soap (c) a warm blanket (d) a fancy phone cover
28. 28.True or false: “a school uniform” is a want. (a) False (b) True
29. 29.Which of these is a want? (a) school shoes (b) soap (c) sweets every day (d) notebooks for school
30. 30.True or false: “drinking water” is a need. (a) True (b) False
31. 31.Which of these is a need? (a) a roof over your head (b) a toy robot (c) a video game (d) designer sunglasses
32. 32.🛒 Need or want: drinking water? (a) a need (b) a want
33. 33.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a party dress (d) a video game
34. 34.Which of these is a need? (a) a sticker album (b) a school uniform (c) a bigger TV (d) designer sunglasses
35. 35.🛒 Need or want: a toy robot? (a) a need (b) a want
36. 36.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
37. 37.True or false: “a school uniform” is a need. (a) False (b) True
38. 38.Which of these is a want? (a) a third pair of shoes (b) bus fare to school (c) drinking water (d) soap
39. 39.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
40. 40.🛒 Need or want: a third pair of shoes? (a) a want (b) a need

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