Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 803 · 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 glitter pen set? (a) a need (b) a want
2. 2.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
3. 3.Which of these is a need? (a) sweets every day (b) a toy robot (c) a fancy phone cover (d) rice and dal
4. 4.🛒 Need or want: a toy robot? (a) a want (b) a need
5. 5.🛒 Need or want: bus fare to school? (a) a want (b) a need
6. 6.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a sticker album (d) bus fare to school
7. 7.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
8. 8.True or false: “medicine when ill” is a want. (a) False (b) True
9. 9.🛒 Need or want: a video game? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a video game (d) soap
11. 11.🛒 Need or want: medicine when ill? (a) a want (b) a need
12. 12.🛒 Need or want: sweets every day? (a) a need (b) a want
13. 13.True or false: “bus fare to school” is a want. (a) True (b) False
14. 14.Which of these is a want? (a) a video game (b) a warm blanket (c) soap (d) drinking water
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
16. 16.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a video game (d) notebooks for school
17. 17.Which of these is a need? (a) a sticker album (b) a warm blanket (c) a video game (d) a bigger TV
18. 18.Which of these is a want? (a) bus fare to school (b) soap (c) a party dress (d) a roof over your head
19. 19.True or false: “a party dress” is a need. (a) False (b) True
20. 20.True or false: “a party dress” is a want. (a) True (b) False
21. 21.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
22. 22.🛒 Need or want: a school uniform? (a) a want (b) a need
23. 23.🛒 Need or want: a sticker album? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) medicine when ill (d) soap
25. 25.True or false: “designer sunglasses” is a want. (a) False (b) True
26. 26.🛒 Need or want: a warm blanket? (a) a want (b) a need
27. 27.True or false: “a third pair of shoes” is a need. (a) False (b) True
28. 28.True or false: “sweets every day” is a need. (a) True (b) False
29. 29.True or false: “rice and dal” is a want. (a) False (b) True
30. 30.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
31. 31.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a fancy phone cover (d) a bigger TV
32. 32.True or false: “medicine when ill” is a need. (a) False (b) True
33. 33.True or false: “a toy robot” is a need. (a) True (b) False
34. 34.Which of these is a want? (a) a bigger TV (b) medicine when ill (c) soap (d) school shoes
35. 35.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) a bigger TV (d) rice and dal
36. 36.Which of these is a want? (a) soap (b) notebooks for school (c) a toy robot (d) rice and dal
37. 37.Which of these is a want? (a) soap (b) a school uniform (c) notebooks for school (d) sweets every day
38. 38.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a party dress (d) a roof over your head
39. 39.True or false: “a warm blanket” is a want. (a) True (b) False
40. 40.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) a third pair of shoes (d) soap

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