Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 134 · 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 of these is a need? (a) rice and dal (b) a glitter pen set (c) a third pair of shoes (d) a party dress
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.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
4. 4.🛒 Need or want: medicine when ill? (a) a need (b) a want
5. 5.🛒 Need or want: drinking water? (a) a want (b) a need
6. 6.Which of these is a need? (a) a warm blanket (b) a sticker album (c) sweets every day (d) a fancy phone cover
7. 7.🛒 Need or want: a toy robot? (a) a want (b) a need
8. 8.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a school uniform (d) a toy robot
9. 9.True or false: “a bigger TV” is a need. (a) True (b) False
10. 10.🛒 Need or want: a school uniform? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a third pair of shoes (d) a warm blanket
12. 12.🛒 Need or want: a video game? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) a sticker album (d) a toy robot
14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
16. 16.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) medicine when ill (d) a toy robot
17. 17.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a fancy phone cover (d) soap
18. 18.True or false: “soap” is a want. (a) False (b) True
19. 19.Which of these is a want? (a) rice and dal (b) bus fare to school (c) a toy robot (d) medicine when ill
20. 20.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
21. 21.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) a bigger TV (d) drinking water
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
24. 24.True or false: “drinking water” is a want. (a) True (b) False
25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
26. 26.Which of these is a want? (a) medicine when ill (b) sweets every day (c) a warm blanket (d) drinking water
27. 27.True or false: “a warm blanket” is a need. (a) False (b) True
28. 28.True or false: “notebooks for school” is a need. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) bus fare to school (d) a video game
30. 30.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
31. 31.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) medicine when ill (d) soap
32. 32.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
34. 34.Which of these is a need? (a) a party dress (b) bus fare to school (c) a fancy phone cover (d) a third pair of shoes
35. 35.Which of these is a need? (a) a video game (b) sweets every day (c) a toy robot (d) a roof over your head
36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) a sticker album (d) a party dress
37. 37.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) medicine when ill (d) a roof over your head
38. 38.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a toy robot (d) a sticker album
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a warm blanket (d) a sticker album
40. 40.Which of these is a want? (a) bus fare to school (b) a third pair of shoes (c) school shoes (d) notebooks for school

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