Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 587 · 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 party dress (b) a video game (c) a warm blanket (d) sweets every day
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
3. 3.Which of these is a need? (a) bus fare to school (b) a third pair of shoes (c) designer sunglasses (d) a party dress
4. 4.🛒 Need or want: a video game? (a) a want (b) a need
5. 5.True or false: “bus fare to school” is a want. (a) True (b) False
6. 6.🛒 Need or want: a school uniform? (a) a want (b) a need
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.True or false: “drinking water” is a need. (a) True (b) False
9. 9.Which of these is a want? (a) school shoes (b) a third pair of shoes (c) rice and dal (d) a roof over your head
10. 10.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
11. 11.🛒 Need or want: designer sunglasses? (a) a want (b) a need
12. 12.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a roof over your head (d) a bigger TV
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) a sticker album (d) a school uniform
14. 14.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) bus fare to school (d) sweets every day
15. 15.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
16. 16.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) designer sunglasses (d) a roof over your head
17. 17.🔍 Which is the odd one out? (a) a bigger TV (b) a warm blanket (c) drinking water (d) medicine when ill
18. 18.True or false: “designer sunglasses” is a want. (a) True (b) False
19. 19.🛒 Need or want: a bigger TV? (a) a want (b) a need
20. 20.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a party dress (d) notebooks for school
21. 21.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) a party dress (d) a glitter pen set
22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) a video game (d) a bigger TV
23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
24. 24.True or false: “school shoes” is a want. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) soap (d) a glitter pen set
26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
27. 27.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) school shoes (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) a toy robot (d) drinking water
29. 29.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) notebooks for school (d) designer sunglasses
30. 30.True or false: “a party dress” is a want. (a) False (b) True
31. 31.🛒 Need or want: rice and dal? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a sticker album (d) a third pair of shoes
33. 33.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a bigger TV (d) medicine when ill
34. 34.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) drinking water (d) a party dress
35. 35.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
36. 36.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
38. 38.True or false: “a toy robot” is a need. (a) True (b) False
39. 39.🛒 Need or want: a sticker album? (a) a want (b) a need
40. 40.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) designer sunglasses (d) drinking water

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