Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 861 · 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.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
2. 2.True or false: “drinking water” is a want. (a) False (b) True
3. 3.Which of these is a want? (a) rice and dal (b) a party dress (c) bus fare to school (d) a school uniform
4. 4.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) designer sunglasses (d) medicine when ill
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
6. 6.🔍 Which is the odd one out? (a) notebooks for school (b) a toy robot (c) a warm blanket (d) drinking water
7. 7.🛒 Need or want: a party dress? (a) a need (b) a want
8. 8.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
10. 10.🛒 Need or want: a video game? (a) a want (b) a need
11. 11.Which of these is a want? (a) school shoes (b) a school uniform (c) a fancy phone cover (d) medicine when ill
12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a fancy phone cover (d) bus fare to school
14. 14.True or false: “rice and dal” is a want. (a) True (b) False
15. 15.Which of these is a need? (a) a sticker album (b) a toy robot (c) notebooks for school (d) a fancy phone cover
16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
17. 17.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) notebooks for school (d) soap
18. 18.True or false: “a warm blanket” is a want. (a) True (b) False
19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
20. 20.🛒 Need or want: a roof over your head? (a) a need (b) a want
21. 21.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) medicine when ill (d) drinking water
22. 22.🛒 Need or want: rice and dal? (a) a want (b) a need
23. 23.🛒 Need or want: school shoes? (a) a need (b) a want
24. 24.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a sticker album (d) sweets every day
25. 25.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) soap (d) a school uniform
26. 26.🛒 Need or want: medicine when ill? (a) a want (b) a need
27. 27.Which of these is a want? (a) a video game (b) bus fare to school (c) school shoes (d) rice and dal
28. 28.🎯 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
29. 29.Which of these is a need? (a) drinking water (b) designer sunglasses (c) a bigger TV (d) a fancy phone cover
30. 30.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a bigger TV (d) rice and dal
31. 31.True or false: “bus fare to school” is a need. (a) True (b) False
32. 32.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
33. 33.True or false: “soap” is a need. (a) False (b) True
34. 34.🛒 Need or want: a warm blanket? (a) a need (b) a want
35. 35.Which of these is a need? (a) a party dress (b) a roof over your head (c) a bigger TV (d) a fancy phone cover
36. 36.True or false: “medicine when ill” is a want. (a) False (b) True
37. 37.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
38. 38.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) soap (d) rice and dal
39. 39.True or false: “a toy robot” is a need. (a) False (b) True
40. 40.True or false: “a roof over your head” is a want. (a) True (b) False

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