Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 432 · 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 of these is a want? (a) a roof over your head (b) a school uniform (c) a warm blanket (d) a sticker album
2. 2.True or false: “soap” is a need. (a) True (b) False
3. 3.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
4. 4.Which of these is a want? (a) designer sunglasses (b) rice and dal (c) school shoes (d) notebooks for school
5. 5.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
6. 6.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) notebooks for school (d) a bigger TV
7. 7.Which of these is a want? (a) notebooks for school (b) drinking water (c) a glitter pen set (d) soap
8. 8.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a warm blanket (d) designer sunglasses
9. 9.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a video game (d) a school uniform
10. 10.🛒 Need or want: designer sunglasses? (a) a need (b) a want
11. 11.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) a video game (d) a sticker album
12. 12.True or false: “a sticker album” is a want. (a) True (b) False
13. 13.Which of these is a need? (a) a sticker album (b) a roof over your head (c) a toy robot (d) a video game
14. 14.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) medicine when ill (d) designer sunglasses
15. 15.True or false: “notebooks for school” is a need. (a) False (b) True
16. 16.True or false: “a third pair of shoes” is a want. (a) False (b) True
17. 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
18. 18.Which of these is a need? (a) designer sunglasses (b) a school uniform (c) a bigger TV (d) a fancy phone cover
19. 19.🛒 Need or want: a glitter pen set? (a) a need (b) a want
20. 20.True or false: “sweets every day” is a need. (a) False (b) True
21. 21.True or false: “bus fare to school” is a need. (a) False (b) True
22. 22.Which of these is a want? (a) a school uniform (b) school shoes (c) rice and dal (d) a fancy phone cover
23. 23.Which of these is a want? (a) rice and dal (b) a warm blanket (c) medicine when ill (d) a party dress
24. 24.🛒 Need or want: notebooks for school? (a) a need (b) a want
25. 25.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a fancy phone cover (d) a bigger TV
26. 26.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) a fancy phone cover (d) designer sunglasses
27. 27.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) rice and dal (d) notebooks for school
28. 28.True or false: “a roof over your head” is a need. (a) True (b) False
29. 29.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
30. 30.Which of these is a want? (a) soap (b) a school uniform (c) medicine when ill (d) sweets every day
31. 31.🛒 Need or want: medicine when ill? (a) a need (b) a want
32. 32.True or false: “designer sunglasses” is a need. (a) False (b) True
33. 33.True or false: “drinking water” is a need. (a) False (b) True
34. 34.Which of these is a want? (a) a roof over your head (b) a school uniform (c) a bigger TV (d) soap
35. 35.True or false: “school shoes” is a want. (a) False (b) True
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) medicine when ill (d) a roof over your head
37. 37.True or false: “a school uniform” is a want. (a) False (b) True
38. 38.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) a video game (d) soap
39. 39.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
40. 40.🔍 Which is the odd one out? (a) a school uniform (b) a sticker album (c) a third pair of shoes (d) a party dress

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