Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 103 · 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.True or false: “a glitter pen set” is a want. (a) False (b) True
2. 2.True or false: “a video game” is a want. (a) True (b) False
3. 3.🛒 Need or want: a party dress? (a) a want (b) a need
4. 4.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) a warm blanket (d) sweets every day
5. 5.🛒 Need or want: rice and dal? (a) a need (b) a want
6. 6.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a fancy phone cover (d) bus fare to school
7. 7.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) school shoes (d) a video game
8. 8.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) soap (d) a toy robot
9. 9.True or false: “a school uniform” is a want. (a) True (b) False
10. 10.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
11. 11.True or false: “designer sunglasses” is a want. (a) True (b) False
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
13. 13.🛒 Need or want: medicine when ill? (a) a want (b) a need
14. 14.True or false: “a warm blanket” is a need. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a warm blanket (d) a party dress
16. 16.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
17. 17.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
18. 18.🛒 Need or want: a school uniform? (a) a want (b) a need
19. 19.Which of these is a need? (a) a party dress (b) a bigger TV (c) a fancy phone cover (d) a roof over your head
20. 20.True or false: “bus fare to school” is a want. (a) True (b) False
21. 21.Which of these is a need? (a) school shoes (b) a sticker album (c) a video game (d) a toy robot
22. 22.True or false: “a toy robot” is a want. (a) False (b) True
23. 23.🛒 Need or want: sweets every day? (a) a want (b) a need
24. 24.🛒 Need or want: school shoes? (a) a want (b) a need
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
26. 26.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
27. 27.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) designer sunglasses (d) notebooks for school
28. 28.🔍 Which is the odd one out? (a) soap (b) school shoes (c) rice and dal (d) a bigger TV
29. 29.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) a fancy phone cover (d) medicine when ill
30. 30.Which of these is a need? (a) a school uniform (b) a video game (c) a party dress (d) a sticker album
31. 31.True or false: “drinking water” is a want. (a) True (b) False
32. 32.Which of these is a want? (a) soap (b) drinking water (c) designer sunglasses (d) school shoes
33. 33.🛒 Need or want: a toy robot? (a) a need (b) a want
34. 34.True or false: “a glitter pen set” is a need. (a) True (b) False
35. 35.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a party dress (d) notebooks for school
36. 36.🛒 Need or want: a sticker album? (a) a want (b) a need
37. 37.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) a school uniform (d) soap
38. 38.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a sticker album (d) bus fare to school
39. 39.True or false: “notebooks for school” is a want. (a) True (b) False
40. 40.True or false: “a third pair of shoes” is a need. (a) True (b) False

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