Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 437 · 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) notebooks for school (b) a school uniform (c) a video game (d) medicine when ill
2. 2.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
3. 3.True or false: “a fancy phone cover” is a want. (a) False (b) True
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
5. 5.True or false: “drinking water” is a need. (a) False (b) True
6. 6.Which of these is a want? (a) a warm blanket (b) sweets every day (c) rice and dal (d) school shoes
7. 7.True or false: “a glitter pen set” is a want. (a) False (b) True
8. 8.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
9. 9.🛒 Need or want: a sticker album? (a) a want (b) a need
10. 10.Which of these is a need? (a) rice and dal (b) a video game (c) a toy robot (d) a bigger TV
11. 11.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a party dress (d) a roof over your head
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a toy robot (d) a warm blanket
13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) a third pair of shoes (d) medicine when ill
16. 16.Which of these is a want? (a) medicine when ill (b) a sticker album (c) drinking water (d) rice and dal
17. 17.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a bigger TV (d) bus fare to school
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a warm blanket (d) soap
19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
20. 20.🛒 Need or want: a school uniform? (a) a need (b) a want
21. 21.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a bigger TV (d) a third pair of shoes
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
23. 23.🛒 Need or want: a party dress? (a) a want (b) a need
24. 24.True or false: “a party dress” is a need. (a) True (b) False
25. 25.🛒 Need or want: soap? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) school shoes (d) a warm blanket
27. 27.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) school shoes (d) a school uniform
28. 28.🛒 Need or want: a glitter pen set? (a) a need (b) a want
29. 29.True or false: “bus fare to school” is a want. (a) True (b) False
30. 30.Which of these is a want? (a) a toy robot (b) notebooks for school (c) school shoes (d) medicine when ill
31. 31.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) designer sunglasses (d) medicine when ill
32. 32.🛒 Need or want: a video game? (a) a want (b) a need
33. 33.🛒 Need or want: notebooks for school? (a) a need (b) a want
34. 34.True or false: “rice and dal” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) bus fare to school (d) rice and dal
36. 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
37. 37.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a third pair of shoes (d) a warm blanket
38. 38.True or false: “medicine when ill” is a want. (a) False (b) True
39. 39.🛒 Need or want: rice and dal? (a) a need (b) a want
40. 40.True or false: “a sticker album” is a need. (a) True (b) False

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