Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 572 · 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.True or false: “soap” is a need. (a) False (b) True
2. 2.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a glitter pen set (d) school shoes
3. 3.🛒 Need or want: a video game? (a) a need (b) a want
4. 4.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) drinking water (d) a toy robot
5. 5.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
6. 6.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) rice and dal (d) a video game
7. 7.🛒 Need or want: a roof over your head? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a school uniform (d) rice and dal
9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
10. 10.🛒 Need or want: a bigger TV? (a) a want (b) a need
11. 11.True or false: “a glitter pen set” is a want. (a) False (b) True
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
13. 13.🛒 Need or want: medicine when ill? (a) a need (b) a want
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
16. 16.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a party dress (d) bus fare to school
17. 17.🛒 Need or want: drinking water? (a) a need (b) a want
18. 18.🛒 Need or want: a school uniform? (a) a want (b) a need
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) soap (d) a school uniform
20. 20.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a third pair of shoes (d) rice and dal
21. 21.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) drinking water (d) a party dress
22. 22.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) medicine when ill (d) a toy robot
23. 23.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
24. 24.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) notebooks for school (d) sweets every day
25. 25.Which of these is a want? (a) drinking water (b) rice and dal (c) sweets every day (d) a roof over your head
26. 26.True or false: “sweets every day” is a need. (a) True (b) False
27. 27.True or false: “a warm blanket” is a need. (a) True (b) False
28. 28.Which of these is a want? (a) a video game (b) a warm blanket (c) a school uniform (d) drinking water
29. 29.Which of these is a want? (a) school shoes (b) drinking water (c) soap (d) designer sunglasses
30. 30.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
31. 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) sweets every day (d) a bigger TV
32. 32.Which of these is a need? (a) a sticker album (b) soap (c) a toy robot (d) designer sunglasses
33. 33.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a sticker album (d) bus fare to school
34. 34.True or false: “bus fare to school” is a want. (a) False (b) True
35. 35.True or false: “soap” is a want. (a) False (b) True
36. 36.🛒 Need or want: notebooks for school? (a) a want (b) a need
37. 37.🛒 Need or want: a toy robot? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) notebooks for school (d) rice and dal
39. 39.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a bigger TV (d) bus fare to school
40. 40.True or false: “notebooks for school” is a need. (a) False (b) True

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