Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 901 · 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) designer sunglasses (b) a toy robot (c) drinking water (d) a sticker album
2. 2.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
3. 3.🛒 Need or want: a sticker album? (a) a need (b) a want
4. 4.🛒 Need or want: notebooks for school? (a) a want (b) a need
5. 5.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) drinking water (d) a school uniform
6. 6.Which of these is a want? (a) a school uniform (b) bus fare to school (c) school shoes (d) a glitter pen set
7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) bus fare to school (d) notebooks for school
8. 8.🛒 Need or want: a party dress? (a) a want (b) a need
9. 9.🛒 Need or want: a bigger TV? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) bus fare to school (d) a sticker album
11. 11.Which of these is a need? (a) sweets every day (b) notebooks for school (c) a video game (d) a sticker album
12. 12.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a school uniform (d) designer sunglasses
13. 13.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a toy robot (d) a fancy phone cover
14. 14.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a party dress (d) rice and dal
15. 15.True or false: “a roof over your head” is a want. (a) True (b) False
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
17. 17.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
18. 18.Which of these is a need? (a) school shoes (b) a glitter pen set (c) designer sunglasses (d) a fancy phone cover
19. 19.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
20. 20.🛒 Need or want: designer sunglasses? (a) a need (b) a want
21. 21.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
22. 22.🛒 Need or want: sweets every day? (a) a need (b) a want
23. 23.🛒 Need or want: a school uniform? (a) a need (b) a want
24. 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
25. 25.Which of these is a want? (a) school shoes (b) a bigger TV (c) a roof over your head (d) rice and dal
26. 26.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a third pair of shoes (d) a school uniform
27. 27.True or false: “sweets every day” is a want. (a) False (b) True
28. 28.🛒 Need or want: soap? (a) a need (b) a want
29. 29.True or false: “a third pair of shoes” is a need. (a) False (b) True
30. 30.🛒 Need or want: drinking water? (a) a need (b) a want
31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
32. 32.Which of these is a need? (a) a video game (b) a fancy phone cover (c) bus fare to school (d) designer sunglasses
33. 33.True or false: “rice and dal” is a need. (a) False (b) True
34. 34.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
35. 35.🛒 Need or want: a toy robot? (a) a need (b) a want
36. 36.Which of these is a need? (a) medicine when ill (b) a third pair of shoes (c) designer sunglasses (d) a party dress
37. 37.True or false: “a party dress” is a need. (a) False (b) True
38. 38.🛒 Need or want: school shoes? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) a bigger TV (c) a third pair of shoes (d) a video game
40. 40.True or false: “bus fare to school” is a want. (a) True (b) False

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