Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 854 · 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) rice and dal (b) school shoes (c) a sticker album (d) a warm blanket
2. 2.True or false: “rice and dal” is a want. (a) False (b) True
3. 3.🛍️ 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
4. 4.🛒 Need or want: a glitter pen set? (a) a need (b) a want
5. 5.🛒 Need or want: notebooks for school? (a) a need (b) a want
6. 6.True or false: “school shoes” is a need. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) a glitter pen set (b) school shoes (c) a warm blanket (d) a roof over your head
8. 8.True or false: “soap” is a need. (a) False (b) True
9. 9.Which of these is a want? (a) a warm blanket (b) soap (c) medicine when ill (d) a bigger TV
10. 10.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a glitter pen set (d) a roof over your head
11. 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
12. 12.🛒 Need or want: rice and dal? (a) a need (b) a want
13. 13.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) rice and dal (d) a school uniform
14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a fancy phone cover (d) a warm blanket
15. 15.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
16. 16.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
17. 17.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
18. 18.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
19. 19.🛒 Need or want: designer sunglasses? (a) a want (b) a need
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
21. 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
22. 22.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
23. 23.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) drinking water (d) a toy robot
24. 24.True or false: “a warm blanket” is a want. (a) True (b) False
25. 25.🛒 Need or want: a toy robot? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) sweets every day (d) rice and dal
27. 27.True or false: “designer sunglasses” is a want. (a) False (b) True
28. 28.True or false: “sweets every day” is a need. (a) True (b) False
29. 29.True or false: “a toy robot” is a want. (a) False (b) True
30. 30.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) medicine when ill (d) a sticker album
31. 31.🛒 Need or want: a roof over your head? (a) a need (b) a want
32. 32.Which of these is a want? (a) drinking water (b) sweets every day (c) a warm blanket (d) notebooks for school
33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a school uniform (d) soap
34. 34.True or false: “a glitter pen set” is a want. (a) False (b) True
35. 35.Which of these is a need? (a) a sticker album (b) school shoes (c) a fancy phone cover (d) a toy robot
36. 36.Which of these is a want? (a) a glitter pen set (b) school shoes (c) bus fare to school (d) notebooks for school
37. 37.True or false: “a roof over your head” is a need. (a) False (b) True
38. 38.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a sticker album (d) sweets every day
39. 39.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) sweets every day (d) a third pair of shoes
40. 40.True or false: “drinking water” is a want. (a) False (b) True

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