Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 681 · 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.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
2. 2.🛒 Need or want: a toy robot? (a) a need (b) a want
3. 3.True or false: “soap” is a need. (a) False (b) True
4. 4.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
6. 6.Which of these is a want? (a) bus fare to school (b) sweets every day (c) rice and dal (d) soap
7. 7.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a bigger TV (d) bus fare to school
8. 8.Which of these is a want? (a) rice and dal (b) a school uniform (c) school shoes (d) a toy robot
9. 9.True or false: “a sticker album” is a need. (a) False (b) True
10. 10.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) notebooks for school (d) sweets every day
11. 11.🎯 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
12. 12.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a video game (d) drinking water
14. 14.True or false: “designer sunglasses” is a want. (a) False (b) True
15. 15.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) designer sunglasses (d) school shoes
16. 16.🛒 Need or want: a roof over your head? (a) a need (b) a want
17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) a warm blanket (d) rice and dal
18. 18.🛒 Need or want: soap? (a) a want (b) a need
19. 19.Which of these is a want? (a) notebooks for school (b) a sticker album (c) soap (d) bus fare to school
20. 20.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a toy robot (d) school shoes
21. 21.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) a school uniform (d) a party dress
22. 22.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
23. 23.True or false: “a video game” is a want. (a) False (b) True
24. 24.Which of these is a want? (a) a bigger TV (b) drinking water (c) a roof over your head (d) bus fare to school
25. 25.🛒 Need or want: rice and dal? (a) a want (b) a need
26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
27. 27.🛒 Need or want: notebooks for school? (a) a want (b) a need
28. 28.Which of these is a need? (a) a toy robot (b) sweets every day (c) a video game (d) a school uniform
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
30. 30.🛒 Need or want: a video game? (a) a need (b) a want
31. 31.True or false: “a bigger TV” is a want. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) notebooks for school (d) bus fare to school
33. 33.🛒 Need or want: designer sunglasses? (a) a need (b) a want
34. 34.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a third pair of shoes (d) a roof over your head
35. 35.True or false: “a third pair of shoes” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) medicine when ill (d) a party dress
37. 37.True or false: “medicine when ill” is a want. (a) False (b) True
38. 38.Which of these is a need? (a) a video game (b) a sticker album (c) rice and dal (d) designer sunglasses
39. 39.True or false: “a school uniform” is a want. (a) False (b) True
40. 40.Which of these is a need? (a) a fancy phone cover (b) soap (c) a third pair of shoes (d) a bigger TV

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