Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 906 · 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) drinking water (b) school shoes (c) a third pair of shoes (d) soap
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
3. 3.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a party dress (d) a warm blanket
4. 4.Which of these is a need? (a) a sticker album (b) a video game (c) a toy robot (d) school shoes
5. 5.True or false: “a roof over your head” is a need. (a) False (b) True
6. 6.True or false: “a sticker album” is a want. (a) False (b) True
7. 7.True or false: “sweets every day” is a want. (a) False (b) True
8. 8.Which of these is a need? (a) a roof over your head (b) a glitter pen set (c) a toy robot (d) designer sunglasses
9. 9.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a toy robot (d) a glitter pen set
10. 10.True or false: “soap” is a want. (a) True (b) False
11. 11.True or false: “a sticker album” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) a warm blanket (d) a school uniform
13. 13.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a school uniform (d) a toy robot
14. 14.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
15. 15.True or false: “drinking water” is a want. (a) True (b) False
16. 16.🛒 Need or want: drinking water? (a) a need (b) a want
17. 17.🛒 Need or want: sweets every day? (a) a need (b) a want
18. 18.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
19. 19.True or false: “rice and dal” is a need. (a) True (b) False
20. 20.True or false: “a third pair of shoes” is a want. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a roof over your head (d) sweets every day
22. 22.Which of these is a want? (a) rice and dal (b) drinking water (c) school shoes (d) a glitter pen set
23. 23.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) school shoes (d) sweets every day
24. 24.Which of these is a want? (a) a school uniform (b) a party dress (c) bus fare to school (d) a roof over your head
25. 25.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) a roof over your head (d) sweets every day
26. 26.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
27. 27.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a bigger TV (d) a glitter pen set
28. 28.🛒 Need or want: a warm blanket? (a) a need (b) a want
29. 29.🛒 Need or want: notebooks for school? (a) a need (b) a want
30. 30.Which of these is a want? (a) a sticker album (b) a school uniform (c) bus fare to school (d) notebooks for school
31. 31.🛒 Need or want: soap? (a) a want (b) a need
32. 32.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
33. 33.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a third pair of shoes (d) rice and dal
34. 34.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) soap (d) a fancy phone cover
35. 35.True or false: “a warm blanket” is a need. (a) True (b) False
36. 36.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
37. 37.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a sticker album (d) a fancy phone cover
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a fancy phone cover (d) a video game
39. 39.True or false: “medicine when ill” is a want. (a) True (b) False
40. 40.🛒 Need or want: a roof over your head? (a) a need (b) a want

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