Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 77 · 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 toy robot (b) designer sunglasses (c) a roof over your head (d) a party dress
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
3. 3.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
4. 4.🛒 Need or want: notebooks for school? (a) a want (b) a need
5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
6. 6.True or false: “a warm blanket” is a want. (a) True (b) False
7. 7.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
8. 8.Which of these is a need? (a) a fancy phone cover (b) soap (c) a toy robot (d) a sticker album
9. 9.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a school uniform (d) rice and dal
10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) medicine when ill (d) a toy robot
11. 11.Which of these is a want? (a) drinking water (b) a roof over your head (c) a party dress (d) notebooks for school
12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a sticker album (d) a bigger TV
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
14. 14.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
15. 15.True or false: “soap” is a want. (a) True (b) False
16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) a video game (d) soap
17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
18. 18.True or false: “bus fare to school” is a need. (a) False (b) True
19. 19.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
20. 20.Which of these is a want? (a) soap (b) a sticker album (c) a roof over your head (d) notebooks for school
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.🛒 Need or want: school shoes? (a) a want (b) a need
23. 23.🛒 Need or want: drinking water? (a) a need (b) a want
24. 24.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) notebooks for school (d) medicine when ill
25. 25.Which of these is a want? (a) bus fare to school (b) school shoes (c) a toy robot (d) a warm blanket
26. 26.True or false: “a fancy phone cover” is a want. (a) False (b) True
27. 27.Which of these is a need? (a) a bigger TV (b) a video game (c) a third pair of shoes (d) school shoes
28. 28.Which of these is a need? (a) designer sunglasses (b) a warm blanket (c) a toy robot (d) a bigger TV
29. 29.🛒 Need or want: rice and dal? (a) a need (b) a want
30. 30.True or false: “medicine when ill” is a need. (a) True (b) False
31. 31.True or false: “a school uniform” is a want. (a) False (b) True
32. 32.🛍️ 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
33. 33.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) designer sunglasses (d) bus fare to school
34. 34.🛒 Need or want: sweets every day? (a) a want (b) a need
35. 35.True or false: “a video game” is a want. (a) False (b) True
36. 36.True or false: “a glitter pen set” is a need. (a) False (b) True
37. 37.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) notebooks for school (d) a party dress
38. 38.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) notebooks for school (d) soap
39. 39.🛒 Need or want: a school uniform? (a) a want (b) a need
40. 40.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a third pair of shoes (d) a fancy phone cover

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