Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 421 · 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.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) a bigger TV (d) a glitter pen set
2. 2.🛒 Need or want: a sticker album? (a) a want (b) a need
3. 3.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
4. 4.🛒 Need or want: bus fare to school? (a) a want (b) a need
5. 5.True or false: “school shoes” is a want. (a) False (b) True
6. 6.True or false: “a glitter pen set” is a need. (a) False (b) True
7. 7.🛒 Need or want: a video game? (a) a want (b) a need
8. 8.True or false: “a roof over your head” is a need. (a) False (b) True
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
10. 10.🛒 Need or want: a warm blanket? (a) a want (b) a need
11. 11.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a fancy phone cover (d) bus fare to school
12. 12.True or false: “a warm blanket” is a want. (a) False (b) True
13. 13.Which of these is a want? (a) bus fare to school (b) a school uniform (c) drinking water (d) a bigger TV
14. 14.🛒 Need or want: notebooks for school? (a) a need (b) a want
15. 15.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
16. 16.🛒 Need or want: designer sunglasses? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) a fancy phone cover (d) a glitter pen set
18. 18.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a video game (d) a roof over your head
19. 19.🛒 Need or want: medicine when ill? (a) a want (b) a need
20. 20.Which of these is a need? (a) a sticker album (b) a video game (c) school shoes (d) a glitter pen set
21. 21.🛒 Need or want: a school uniform? (a) a want (b) a need
22. 22.Which of these is a want? (a) drinking water (b) medicine when ill (c) a party dress (d) bus fare to school
23. 23.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) medicine when ill (d) a video game
24. 24.Which of these is a want? (a) rice and dal (b) sweets every day (c) drinking water (d) soap
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) designer sunglasses (d) a third pair of shoes
27. 27.True or false: “a video game” is a need. (a) False (b) True
28. 28.🛍️ 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
29. 29.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a school uniform (d) a fancy phone cover
30. 30.True or false: “rice and dal” is a want. (a) True (b) False
31. 31.True or false: “soap” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) drinking water (d) school shoes
33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a video game (d) a school uniform
34. 34.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a bigger TV (d) a warm blanket
35. 35.🛒 Need or want: a bigger TV? (a) a want (b) a need
36. 36.True or false: “medicine when ill” is a want. (a) False (b) True
37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
38. 38.True or false: “sweets every day” is a need. (a) False (b) True
39. 39.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) designer sunglasses (d) bus fare to school
40. 40.Which of these is a need? (a) a video game (b) notebooks for school (c) designer sunglasses (d) sweets every day

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