Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 310 · 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.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
2. 2.True or false: “a toy robot” is a need. (a) True (b) False
3. 3.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
4. 4.True or false: “a bigger TV” is a need. (a) True (b) False
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
6. 6.True or false: “a school uniform” is a want. (a) True (b) False
7. 7.🛒 Need or want: a sticker album? (a) a need (b) a want
8. 8.🛒 Need or want: a bigger TV? (a) a need (b) a want
9. 9.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) drinking water (d) a third pair of shoes
10. 10.🛒 Need or want: medicine when ill? (a) a want (b) a need
11. 11.🛒 Need or want: designer sunglasses? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a bigger TV (d) bus fare to school
13. 13.🛒 Need or want: soap? (a) a need (b) a want
14. 14.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a sticker album (d) a roof over your head
15. 15.Which of these is a want? (a) rice and dal (b) a glitter pen set (c) school shoes (d) bus fare to school
16. 16.True or false: “a fancy phone cover” is a want. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) school shoes (d) medicine when ill
18. 18.True or false: “a sticker album” is a want. (a) True (b) False
19. 19.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a warm blanket (d) a sticker album
20. 20.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
21. 21.🛒 Need or want: a warm blanket? (a) a need (b) a want
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
23. 23.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) designer sunglasses (d) a warm blanket
24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
25. 25.Which of these is a want? (a) a party dress (b) notebooks for school (c) a warm blanket (d) a roof over your head
26. 26.🛒 Need or want: a school uniform? (a) a want (b) a need
27. 27.True or false: “bus fare to school” is a need. (a) True (b) False
28. 28.True or false: “a video game” is a want. (a) False (b) True
29. 29.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) a party dress (d) bus fare to school
30. 30.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a glitter pen set (d) designer sunglasses
31. 31.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) a warm blanket (d) notebooks for school
32. 32.Which of these is a need? (a) sweets every day (b) a video game (c) medicine when ill (d) a party dress
33. 33.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a school uniform (d) a glitter pen set
34. 34.True or false: “drinking water” is a need. (a) False (b) True
35. 35.True or false: “school shoes” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) drinking water (b) school shoes (c) rice and dal (d) a third pair of shoes
37. 37.Which of these is a need? (a) sweets every day (b) a roof over your head (c) a bigger TV (d) a glitter pen set
38. 38.True or false: “a warm blanket” is a want. (a) True (b) False
39. 39.🛒 Need or want: rice and dal? (a) a need (b) a want
40. 40.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs

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