Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 888 · 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.True or false: “designer sunglasses” is a want. (a) False (b) True
2. 2.🛒 Need or want: a bigger TV? (a) a need (b) a want
3. 3.Which of these is a want? (a) a warm blanket (b) a sticker album (c) school shoes (d) a roof over your head
4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) sweets every day (d) a warm blanket
5. 5.Which of these is a want? (a) sweets every day (b) a warm blanket (c) school shoes (d) bus fare to school
6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) sweets every day (d) medicine when ill
8. 8.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
10. 10.True or false: “designer sunglasses” is a need. (a) True (b) False
11. 11.True or false: “a bigger TV” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) bus fare to school (d) a video game
13. 13.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
14. 14.True or false: “drinking water” is a need. (a) False (b) True
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) drinking water (d) a warm blanket
17. 17.True or false: “medicine when ill” is a need. (a) False (b) True
18. 18.Which of these is a need? (a) a third pair of shoes (b) drinking water (c) a video game (d) designer sunglasses
19. 19.Which of these is a want? (a) a roof over your head (b) a bigger TV (c) drinking water (d) school shoes
20. 20.True or false: “a school uniform” is a need. (a) True (b) False
21. 21.True or false: “school shoes” is a want. (a) True (b) False
22. 22.Which of these is a need? (a) a sticker album (b) a party dress (c) a fancy phone cover (d) notebooks for school
23. 23.🛒 Need or want: a toy robot? (a) a need (b) a want
24. 24.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
26. 26.Which of these is a need? (a) a sticker album (b) sweets every day (c) rice and dal (d) a bigger TV
27. 27.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
28. 28.🎯 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
29. 29.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a roof over your head (d) a video game
30. 30.🛒 Need or want: bus fare to school? (a) a need (b) a want
31. 31.True or false: “a bigger TV” is a need. (a) False (b) True
32. 32.🛒 Need or want: medicine when ill? (a) a need (b) a want
33. 33.Which of these is a need? (a) soap (b) a glitter pen set (c) sweets every day (d) a party dress
34. 34.🛍️ 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
35. 35.🛒 Need or want: designer sunglasses? (a) a need (b) a want
36. 36.Which of these is a need? (a) a school uniform (b) a bigger TV (c) designer sunglasses (d) a fancy phone cover
37. 37.🛒 Need or want: drinking water? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) school shoes (d) designer sunglasses
39. 39.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) a warm blanket (d) soap
40. 40.🛒 Need or want: a glitter pen set? (a) a want (b) a need

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