Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 977 · 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.🛒 Need or want: medicine when ill? (a) a want (b) a need
2. 2.🛒 Need or want: soap? (a) a need (b) a want
3. 3.Which of these is a want? (a) school shoes (b) medicine when ill (c) a glitter pen set (d) drinking water
4. 4.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) sweets every day (d) bus fare to school
5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
6. 6.True or false: “a school uniform” is a want. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) drinking water (d) medicine when ill
8. 8.🎯 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
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
10. 10.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) rice and dal (d) a video game
11. 11.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a fancy phone cover (d) a glitter pen set
12. 12.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a toy robot (d) school shoes
13. 13.True or false: “a roof over your head” is a want. (a) True (b) False
14. 14.Which of these is a want? (a) drinking water (b) school shoes (c) designer sunglasses (d) bus fare to school
15. 15.True or false: “a toy robot” is a need. (a) False (b) True
16. 16.🛒 Need or want: a party dress? (a) a need (b) a want
17. 17.Which of these is a need? (a) a roof over your head (b) designer sunglasses (c) a fancy phone cover (d) a party dress
18. 18.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
20. 20.Which of these is a need? (a) a video game (b) a toy robot (c) a party dress (d) a warm blanket
21. 21.🛒 Need or want: a toy robot? (a) a want (b) a need
22. 22.🛒 Need or want: a video game? (a) a need (b) a want
23. 23.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a toy robot (d) a video game
24. 24.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
25. 25.🛒 Need or want: drinking water? (a) a need (b) a want
26. 26.Which of these is a want? (a) drinking water (b) soap (c) a bigger TV (d) rice and dal
27. 27.🛒 Need or want: a glitter pen set? (a) a need (b) a want
28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
29. 29.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
30. 30.Which of these is a need? (a) a party dress (b) sweets every day (c) notebooks for school (d) a glitter pen set
31. 31.Which of these is a need? (a) a party dress (b) bus fare to school (c) a sticker album (d) a fancy phone cover
32. 32.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) school shoes (d) rice and dal
33. 33.Which of these is a want? (a) a warm blanket (b) a fancy phone cover (c) soap (d) school shoes
34. 34.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) sweets every day (d) a sticker album
35. 35.Which of these is a want? (a) soap (b) a third pair of shoes (c) school shoes (d) a warm blanket
36. 36.True or false: “rice and dal” is a need. (a) False (b) True
37. 37.Which of these is a want? (a) a school uniform (b) notebooks for school (c) sweets every day (d) a roof over your head
38. 38.True or false: “designer sunglasses” is a need. (a) False (b) True
39. 39.True or false: “rice and dal” is a want. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a video game (d) a school uniform

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