Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 505 · 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.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
2. 2.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a fancy phone cover (d) a school uniform
3. 3.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) a roof over your head (d) rice and dal
4. 4.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a sticker album (d) a school uniform
5. 5.True or false: “medicine when ill” is a need. (a) False (b) True
6. 6.Which of these is a want? (a) a glitter pen set (b) notebooks for school (c) rice and dal (d) a school uniform
7. 7.Which of these is a need? (a) a bigger TV (b) medicine when ill (c) designer sunglasses (d) a sticker album
8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
9. 9.🛍️ 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
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
11. 11.True or false: “a glitter pen set” is a need. (a) False (b) True
12. 12.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a party dress (d) medicine when ill
13. 13.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a third pair of shoes (d) notebooks for school
14. 14.Which of these is a need? (a) a sticker album (b) a video game (c) a school uniform (d) sweets every day
15. 15.Which of these is a need? (a) a glitter pen set (b) drinking water (c) a toy robot (d) sweets every day
16. 16.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
17. 17.Which of these is a want? (a) a third pair of shoes (b) school shoes (c) a school uniform (d) medicine when ill
18. 18.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a school uniform (d) a bigger TV
19. 19.True or false: “drinking water” is a want. (a) True (b) False
20. 20.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
21. 21.True or false: “rice and dal” is a want. (a) False (b) True
22. 22.🛒 Need or want: a bigger TV? (a) a need (b) a want
23. 23.🛒 Need or want: drinking water? (a) a want (b) a need
24. 24.Which of these is a need? (a) a bigger TV (b) rice and dal (c) a glitter pen set (d) a toy robot
25. 25.True or false: “a school uniform” is a want. (a) True (b) False
26. 26.Which of these is a need? (a) a bigger TV (b) a party dress (c) a sticker album (d) soap
27. 27.Which of these is a want? (a) drinking water (b) a toy robot (c) a roof over your head (d) a warm blanket
28. 28.True or false: “notebooks for school” is a want. (a) False (b) True
29. 29.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) a school uniform (d) rice and dal
30. 30.Which of these is a want? (a) a warm blanket (b) school shoes (c) sweets every day (d) rice and dal
31. 31.🛒 Need or want: a sticker album? (a) a want (b) a need
32. 32.🛒 Need or want: a video game? (a) a need (b) a want
33. 33.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) notebooks for school (d) medicine when ill
34. 34.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) a third pair of shoes (d) a warm blanket
35. 35.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a party dress (d) rice and dal
36. 36.True or false: “a sticker album” is a want. (a) False (b) True
37. 37.Which of these is a need? (a) a roof over your head (b) a sticker album (c) a video game (d) a party dress
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a video game (d) sweets every day
39. 39.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a toy robot
40. 40.🛒 Need or want: rice and dal? (a) a want (b) a need

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