Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 988 · 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: a party dress? (a) a want (b) a need
2. 2.Which of these is a need? (a) rice and dal (b) a video game (c) designer sunglasses (d) a sticker album
3. 3.🛒 Need or want: soap? (a) a want (b) a need
4. 4.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
5. 5.Which of these is a need? (a) drinking water (b) a party dress (c) a video game (d) a third pair of shoes
6. 6.True or false: “designer sunglasses” is a need. (a) True (b) False
7. 7.Which of these is a need? (a) a toy robot (b) medicine when ill (c) a sticker album (d) a video game
8. 8.Which of these is a want? (a) bus fare to school (b) drinking water (c) a glitter pen set (d) rice and dal
9. 9.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
10. 10.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
11. 11.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) a roof over your head (d) school shoes
12. 12.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
13. 13.🛒 Need or want: a school uniform? (a) a need (b) a want
14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
15. 15.True or false: “a fancy phone cover” is a need. (a) True (b) False
16. 16.True or false: “school shoes” is a want. (a) False (b) True
17. 17.True or false: “a party dress” is a need. (a) True (b) False
18. 18.True or false: “soap” is a want. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a warm blanket (d) a sticker album
20. 20.🛒 Need or want: a roof over your head? (a) a want (b) a need
21. 21.True or false: “drinking water” is a want. (a) False (b) True
22. 22.True or false: “drinking water” is a need. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) a school uniform (d) a party dress
24. 24.True or false: “rice and dal” is a need. (a) True (b) False
25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
26. 26.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
27. 27.Which of these is a need? (a) designer sunglasses (b) a roof over your head (c) a bigger TV (d) a party dress
28. 28.🛒 Need or want: sweets every day? (a) a need (b) a want
29. 29.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) medicine when ill (d) a roof over your head
30. 30.True or false: “a warm blanket” is a need. (a) False (b) True
31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a bigger TV (d) a roof over your head
33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) drinking water (d) a toy robot
34. 34.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a warm blanket (d) designer sunglasses
35. 35.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
36. 36.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) a sticker album (d) medicine when ill
37. 37.🛒 Need or want: a warm blanket? (a) a need (b) a want
38. 38.Which of these is a want? (a) a roof over your head (b) drinking water (c) a toy robot (d) medicine when ill
39. 39.True or false: “bus fare to school” is a want. (a) False (b) True
40. 40.True or false: “a toy robot” is a need. (a) True (b) False

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