Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 584 · 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: “school shoes” is a need. (a) False (b) True
2. 2.🎯 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
3. 3.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) soap (d) designer sunglasses
4. 4.Which of these is a want? (a) a school uniform (b) medicine when ill (c) school shoes (d) a fancy phone cover
5. 5.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a bigger TV (d) drinking water
6. 6.🛒 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
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a roof over your head (d) a fancy phone cover
8. 8.True or false: “sweets every day” is a need. (a) False (b) True
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
10. 10.Which of these is a want? (a) drinking water (b) a warm blanket (c) medicine when ill (d) a toy robot
11. 11.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a bigger TV (d) bus fare to school
12. 12.Which of these is a want? (a) bus fare to school (b) soap (c) drinking water (d) a third pair of shoes
13. 13.Which of these is a want? (a) a roof over your head (b) a school uniform (c) sweets every day (d) medicine when ill
14. 14.Which of these is a want? (a) school shoes (b) a roof over your head (c) drinking water (d) a glitter pen set
15. 15.True or false: “rice and dal” is a want. (a) True (b) False
16. 16.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
17. 17.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a party dress (d) notebooks for school
18. 18.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a roof over your head (d) sweets every day
19. 19.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a third pair of shoes (d) soap
20. 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
22. 22.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) a glitter pen set (d) school shoes
23. 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
24. 24.True or false: “a third pair of shoes” is a want. (a) False (b) True
25. 25.True or false: “a warm blanket” is a want. (a) False (b) True
26. 26.True or false: “a roof over your head” is a want. (a) True (b) False
27. 27.Which of these is a need? (a) a video game (b) a third pair of shoes (c) drinking water (d) a bigger TV
28. 28.🛒 Need or want: a toy robot? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) a sticker album (d) bus fare to school
30. 30.🛒 Need or want: soap? (a) a want (b) a need
31. 31.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) designer sunglasses (d) rice and dal
32. 32.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a toy robot (d) soap
33. 33.🛒 Need or want: school shoes? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a video game (d) a warm blanket
35. 35.True or false: “designer sunglasses” is a need. (a) False (b) True
36. 36.🛒 Need or want: medicine when ill? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) drinking water (d) a third pair of shoes
38. 38.Which of these is a need? (a) a toy robot (b) a party dress (c) bus fare to school (d) a glitter pen set
39. 39.🛒 Need or want: bus fare to school? (a) a want (b) a need
40. 40.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a video game (d) a roof over your head

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