Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 989 · 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 need (b) a want
2. 2.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
3. 3.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a toy robot (d) a glitter pen set
4. 4.🛒 Need or want: bus fare to school? (a) a need (b) a want
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
6. 6.True or false: “school shoes” is a need. (a) False (b) True
7. 7.🛍️ 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
8. 8.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) bus fare to school (d) a warm blanket
9. 9.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
10. 10.True or false: “sweets every day” is a want. (a) True (b) False
11. 11.Which of these is a want? (a) designer sunglasses (b) rice and dal (c) a roof over your head (d) drinking water
12. 12.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) notebooks for school (d) sweets every day
13. 13.True or false: “a warm blanket” is a need. (a) True (b) False
14. 14.🛒 Need or want: medicine when ill? (a) a want (b) a need
15. 15.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a video game (d) a sticker album
16. 16.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) school shoes (d) a fancy phone cover
17. 17.🛒 Need or want: a video game? (a) a want (b) a need
18. 18.True or false: “a school uniform” is a need. (a) False (b) True
19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) school shoes (d) a warm blanket
20. 20.Which of these is a need? (a) a bigger TV (b) a sticker album (c) medicine when ill (d) a glitter pen set
21. 21.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a school uniform (d) a bigger TV
22. 22.True or false: “rice and dal” is a need. (a) False (b) True
23. 23.True or false: “a bigger TV” is a need. (a) False (b) True
24. 24.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
25. 25.Which of these is a want? (a) soap (b) bus fare to school (c) a video game (d) a school uniform
26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
27. 27.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a sticker album (d) soap
28. 28.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a bigger TV (d) a glitter pen set
29. 29.True or false: “a toy robot” is a need. (a) True (b) False
30. 30.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) school shoes (d) a toy robot
31. 31.Which of these is a want? (a) school shoes (b) a warm blanket (c) bus fare to school (d) a party dress
32. 32.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
33. 33.🛒 Need or want: drinking water? (a) a want (b) a need
34. 34.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) school shoes (d) rice and dal
35. 35.🛒 Need or want: notebooks for school? (a) a need (b) a want
36. 36.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
38. 38.🛒 Need or want: a sticker album? (a) a want (b) a need
39. 39.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) notebooks for school (d) a fancy phone cover
40. 40.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans

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