Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 514 · 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 school uniform (b) medicine when ill (c) a party dress (d) notebooks for school
2. 2.🛒 Need or want: a party dress? (a) a need (b) a want
3. 3.🛒 Need or want: drinking water? (a) a need (b) a want
4. 4.True or false: “a party dress” is a want. (a) True (b) False
5. 5.True or false: “a fancy phone cover” is a need. (a) False (b) True
6. 6.True or false: “designer sunglasses” is a need. (a) True (b) False
7. 7.True or false: “a roof over your head” is a want. (a) False (b) True
8. 8.True or false: “a video game” is a need. (a) True (b) False
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
10. 10.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
11. 11.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) soap (d) a bigger TV
12. 12.True or false: “medicine when ill” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) a roof over your head (d) a warm blanket
14. 14.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) a bigger TV (d) a fancy phone cover
15. 15.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) designer sunglasses (d) medicine when ill
16. 16.Which of these is a want? (a) soap (b) school shoes (c) drinking water (d) a party dress
17. 17.True or false: “a school uniform” is a want. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) school shoes (d) bus fare to school
19. 19.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a third pair of shoes (d) drinking water
21. 21.True or false: “drinking water” is a need. (a) False (b) True
22. 22.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) sweets every day (d) notebooks for school
23. 23.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a toy robot (d) a third pair of shoes
24. 24.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) medicine when ill (d) sweets every day
25. 25.True or false: “a roof over your head” is a need. (a) True (b) False
26. 26.🛒 Need or want: sweets every day? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) bus fare to school (d) a glitter pen set
28. 28.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a sticker album (d) soap
29. 29.🛒 Need or want: rice and dal? (a) a want (b) a need
30. 30.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a bigger TV (d) a roof over your head
32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
33. 33.🛒 Need or want: medicine when ill? (a) a need (b) a want
34. 34.True or false: “a sticker album” is a want. (a) False (b) True
35. 35.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
36. 36.🛒 Need or want: a bigger TV? (a) a need (b) a want
37. 37.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
38. 38.🛒 Need or want: a school uniform? (a) a want (b) a need
39. 39.Which of these is a need? (a) bus fare to school (b) a fancy phone cover (c) a video game (d) a third pair of shoes
40. 40.True or false: “sweets every day” is a want. (a) True (b) False

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