Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 604 · 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.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
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 want? (a) a roof over your head (b) a warm blanket (c) a fancy phone cover (d) notebooks for school
4. 4.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
5. 5.🛒 Need or want: school shoes? (a) a need (b) a want
6. 6.Which of these is a need? (a) a video game (b) bus fare to school (c) a glitter pen set (d) a toy robot
7. 7.True or false: “a video game” is a want. (a) False (b) True
8. 8.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) notebooks for school (d) bus fare to school
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
10. 10.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
11. 11.True or false: “a third pair of shoes” is a need. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a sticker album (d) a video game
13. 13.🛒 Need or want: soap? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) notebooks for school (d) bus fare to school
15. 15.🛒 Need or want: designer sunglasses? (a) a need (b) a want
16. 16.Which of these is a need? (a) rice and dal (b) a bigger TV (c) a fancy phone cover (d) a third pair of shoes
17. 17.🛒 Need or want: a party dress? (a) a need (b) a want
18. 18.🛒 Need or want: drinking water? (a) a want (b) a need
19. 19.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) medicine when ill (d) a toy robot
20. 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
21. 21.🛒 Need or want: a warm blanket? (a) a need (b) a want
22. 22.True or false: “sweets every day” is a need. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) a warm blanket (d) medicine when ill
24. 24.🛒 Need or want: a school uniform? (a) a need (b) a want
25. 25.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
26. 26.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) school shoes (d) a glitter pen set
27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) a roof over your head (d) medicine when ill
28. 28.Which of these is a want? (a) bus fare to school (b) soap (c) notebooks for school (d) a third pair of shoes
29. 29.True or false: “bus fare to school” is a need. (a) False (b) True
30. 30.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) medicine when ill (d) a fancy phone cover
31. 31.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) soap (d) designer sunglasses
32. 32.True or false: “a toy robot” is a need. (a) False (b) True
33. 33.True or false: “notebooks for school” is a want. (a) True (b) False
34. 34.Which of these is a want? (a) school shoes (b) a roof over your head (c) a video game (d) a school uniform
35. 35.🛒 Need or want: rice and dal? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) a sticker album (d) a fancy phone cover
37. 37.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
38. 38.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
39. 39.True or false: “a sticker album” is a need. (a) False (b) True
40. 40.True or false: “a third pair of shoes” is a want. (a) True (b) False

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