Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 629 · 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 of these is a want? (a) drinking water (b) a school uniform (c) soap (d) a glitter pen set
2. 2.🛒 Need or want: notebooks for school? (a) a want (b) a need
3. 3.True or false: “rice and dal” is a want. (a) False (b) True
4. 4.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) a roof over your head (d) drinking water
5. 5.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
6. 6.Which of these is a need? (a) a party dress (b) a bigger TV (c) school shoes (d) a third pair of shoes
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
9. 9.True or false: “bus fare to school” is a need. (a) True (b) False
10. 10.True or false: “designer sunglasses” is a need. (a) True (b) False
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
12. 12.Which of these is a need? (a) sweets every day (b) a toy robot (c) a fancy phone cover (d) a school uniform
13. 13.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
14. 14.🛒 Need or want: bus fare to school? (a) a need (b) a want
15. 15.Which of these is a need? (a) a party dress (b) designer sunglasses (c) notebooks for school (d) a fancy phone cover
16. 16.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
17. 17.True or false: “drinking water” is a want. (a) True (b) False
18. 18.Which of these is a want? (a) medicine when ill (b) designer sunglasses (c) a roof over your head (d) drinking water
19. 19.🛒 Need or want: sweets every day? (a) a need (b) a want
20. 20.Which of these is a need? (a) bus fare to school (b) a glitter pen set (c) designer sunglasses (d) a bigger TV
21. 21.🔍 Which is the odd one out? (a) a glitter pen set (b) a third pair of shoes (c) a video game (d) drinking water
22. 22.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a roof over your head (d) a bigger TV
23. 23.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a party dress (d) medicine when ill
24. 24.True or false: “a school uniform” is a need. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) rice and dal (d) notebooks for school
26. 26.True or false: “notebooks for school” is a want. (a) False (b) True
27. 27.True or false: “a sticker album” is a need. (a) True (b) False
28. 28.🛒 Need or want: rice and dal? (a) a want (b) a need
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) soap (d) school shoes
31. 31.🛒 Need or want: a school uniform? (a) a want (b) a need
32. 32.Which of these is a want? (a) drinking water (b) a video game (c) a school uniform (d) medicine when ill
33. 33.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
34. 34.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) soap (d) medicine when ill
35. 35.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) soap (d) designer sunglasses
36. 36.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) a bigger TV (d) a third pair of shoes
37. 37.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
38. 38.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a roof over your head (d) a sticker album
39. 39.True or false: “drinking water” is a need. (a) True (b) False
40. 40.🛒 Need or want: a glitter pen set? (a) a need (b) a want

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