Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 385 · 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.🛒 Need or want: a warm blanket? (a) a need (b) a want
2. 2.True or false: “a toy robot” is a want. (a) True (b) False
3. 3.True or false: “a warm blanket” is a want. (a) True (b) False
4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
5. 5.🛒 Need or want: a school uniform? (a) a need (b) a want
6. 6.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
7. 7.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
8. 8.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a bigger TV (d) a warm blanket
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
10. 10.Which of these is a want? (a) medicine when ill (b) sweets every day (c) notebooks for school (d) rice and dal
11. 11.🛒 Need or want: a bigger TV? (a) a want (b) a need
12. 12.True or false: “a sticker album” is a need. (a) False (b) True
13. 13.Which of these is a need? (a) soap (b) a party dress (c) a bigger TV (d) a video game
14. 14.True or false: “medicine when ill” is a want. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) rice and dal (b) designer sunglasses (c) school shoes (d) drinking water
16. 16.True or false: “a video game” is a need. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a bigger TV (d) a video game
18. 18.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
19. 19.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) notebooks for school (d) rice and dal
20. 20.Which of these is a need? (a) a sticker album (b) a warm blanket (c) a glitter pen set (d) a toy robot
21. 21.True or false: “drinking water” is a need. (a) False (b) True
22. 22.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) medicine when ill (d) bus fare to school
24. 24.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) a party dress (d) a video game
25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
26. 26.True or false: “a roof over your head” is a need. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) designer sunglasses (d) soap
28. 28.Which of these is a want? (a) a warm blanket (b) a bigger TV (c) drinking water (d) a roof over your head
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
30. 30.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) rice and dal (d) a video game
31. 31.True or false: “sweets every day” is a want. (a) False (b) True
32. 32.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
33. 33.🛒 Need or want: a video game? (a) a need (b) a want
34. 34.🛒 Need or want: school shoes? (a) a want (b) a need
35. 35.Which of these is a want? (a) drinking water (b) a party dress (c) school shoes (d) a warm blanket
36. 36.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) school shoes (d) a sticker album
37. 37.True or false: “designer sunglasses” is a want. (a) False (b) True
38. 38.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a roof over your head (d) a sticker album
39. 39.True or false: “a party dress” is a want. (a) True (b) False
40. 40.Which of these is a want? (a) a roof over your head (b) a video game (c) medicine when ill (d) drinking water

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