Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 444 · 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 video game (b) soap (c) drinking water (d) a school uniform
2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
3. 3.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a video game (d) drinking water
4. 4.Which of these is a want? (a) rice and dal (b) a toy robot (c) medicine when ill (d) bus fare to school
5. 5.True or false: “sweets every day” is a need. (a) False (b) True
6. 6.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) drinking water (d) a glitter pen set
8. 8.True or false: “medicine when ill” is a need. (a) True (b) False
9. 9.Which of these is a need? (a) a school uniform (b) a video game (c) a bigger TV (d) a glitter pen set
10. 10.True or false: “a toy robot” is a need. (a) False (b) True
11. 11.🛒 Need or want: bus fare to school? (a) a want (b) a need
12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
13. 13.True or false: “a third pair of shoes” is a want. (a) False (b) True
14. 14.🛒 Need or want: sweets every day? (a) a need (b) a want
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
16. 16.True or false: “bus fare to school” is a want. (a) True (b) False
17. 17.True or false: “school shoes” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) rice and dal (b) bus fare to school (c) a roof over your head (d) a video game
19. 19.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) drinking water (d) rice and dal
20. 20.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) sweets every day (d) a fancy phone cover
21. 21.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) medicine when ill (d) a fancy phone cover
22. 22.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) bus fare to school (d) drinking water
23. 23.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
24. 24.Which of these is a want? (a) a party dress (b) rice and dal (c) notebooks for school (d) bus fare to school
25. 25.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
26. 26.True or false: “drinking water” is a want. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a party dress (d) a warm blanket
28. 28.True or false: “soap” is a want. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) drinking water (d) medicine when ill
30. 30.Which of these is a want? (a) soap (b) rice and dal (c) sweets every day (d) notebooks for school
31. 31.🔍 Which is the odd one out? (a) rice and dal (b) designer sunglasses (c) a video game (d) a sticker album
32. 32.Which of these is a want? (a) drinking water (b) a warm blanket (c) medicine when ill (d) a glitter pen set
33. 33.🛒 Need or want: a party dress? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) drinking water (d) school shoes
35. 35.🛒 Need or want: a glitter pen set? (a) a need (b) a want
36. 36.🛒 Need or want: school shoes? (a) a need (b) a want
37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
38. 38.True or false: “a bigger TV” is a want. (a) True (b) False
39. 39.True or false: “a sticker album” is a need. (a) True (b) False
40. 40.🛒 Need or want: soap? (a) a want (b) a need

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