Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 512 · 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 need? (a) rice and dal (b) a party dress (c) a sticker album (d) sweets every day
2. 2.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
3. 3.🛒 Need or want: soap? (a) a need (b) a want
4. 4.🛒 Need or want: a party dress? (a) a want (b) a need
5. 5.Which of these is a want? (a) a video game (b) bus fare to school (c) medicine when ill (d) school shoes
6. 6.True or false: “rice and dal” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) soap (d) bus fare to school
8. 8.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
10. 10.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) drinking water (d) medicine when ill
11. 11.🛒 Need or want: designer sunglasses? (a) a want (b) a need
12. 12.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a video game (d) a bigger TV
13. 13.🛒 Need or want: a sticker album? (a) a need (b) a want
14. 14.True or false: “a warm blanket” is a need. (a) True (b) False
15. 15.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a glitter pen set (d) soap
16. 16.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a bigger TV (d) a glitter pen set
17. 17.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) bus fare to school
18. 18.🛒 Need or want: a video game? (a) a want (b) a need
19. 19.🛒 Need or want: a glitter pen set? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a bigger TV (d) a school uniform
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
22. 22.🛒 Need or want: a toy robot? (a) a need (b) a want
23. 23.Which of these is a want? (a) a school uniform (b) soap (c) a bigger TV (d) a warm blanket
24. 24.True or false: “a third pair of shoes” is a need. (a) True (b) False
25. 25.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
26. 26.True or false: “a sticker album” is a want. (a) False (b) True
27. 27.True or false: “a roof over your head” is a want. (a) True (b) False
28. 28.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
29. 29.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) school shoes (d) drinking water
30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
32. 32.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a warm blanket (d) a sticker album
33. 33.🔍 Which is the odd one out? (a) school shoes (b) a bigger TV (c) sweets every day (d) a party dress
34. 34.🛒 Need or want: school shoes? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) a toy robot (d) rice and dal
36. 36.🔍 Which is the odd one out? (a) a party dress (b) soap (c) sweets every day (d) a bigger TV
37. 37.True or false: “notebooks for school” is a need. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a bigger TV (d) rice and dal
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
40. 40.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) a school uniform (d) rice and dal

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