Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 139 · 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.🛍️ 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
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
3. 3.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
4. 4.True or false: “bus fare to school” is a want. (a) False (b) True
5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
6. 6.Which of these is a need? (a) a video game (b) school shoes (c) a toy robot (d) a party dress
7. 7.True or false: “medicine when ill” is a want. (a) True (b) False
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
9. 9.True or false: “a sticker album” is a need. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a toy robot (d) notebooks for school
11. 11.🛒 Need or want: a party dress? (a) a want (b) a need
12. 12.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
13. 13.True or false: “a video game” is a want. (a) False (b) True
14. 14.True or false: “a toy robot” is a want. (a) False (b) True
15. 15.Which of these is a want? (a) school shoes (b) a toy robot (c) bus fare to school (d) a roof over your head
16. 16.True or false: “a warm blanket” is a need. (a) True (b) False
17. 17.Which of these is a want? (a) rice and dal (b) a video game (c) soap (d) school shoes
18. 18.Which of these is a need? (a) a sticker album (b) notebooks for school (c) sweets every day (d) a video game
19. 19.True or false: “a bigger TV” is a want. (a) True (b) False
20. 20.Which of these is a need? (a) drinking water (b) a bigger TV (c) designer sunglasses (d) a toy robot
21. 21.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a toy robot (d) a video game
22. 22.🛒 Need or want: a sticker album? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) a school uniform (b) a fancy phone cover (c) rice and dal (d) bus fare to school
24. 24.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
25. 25.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) a bigger TV (d) bus fare to school
26. 26.True or false: “medicine when ill” is a need. (a) False (b) True
27. 27.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
28. 28.🛒 Need or want: designer sunglasses? (a) a want (b) a need
29. 29.True or false: “a school uniform” is a need. (a) True (b) False
30. 30.Which of these is a want? (a) drinking water (b) rice and dal (c) a third pair of shoes (d) a warm blanket
31. 31.Which of these is a need? (a) soap (b) a fancy phone cover (c) a glitter pen set (d) a video game
32. 32.🛒 Need or want: a video game? (a) a want (b) a need
33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
34. 34.True or false: “notebooks for school” is a want. (a) False (b) True
35. 35.True or false: “drinking water” is a need. (a) True (b) False
36. 36.Which of these is a need? (a) sweets every day (b) a party dress (c) a third pair of shoes (d) rice and dal
37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
38. 38.Which of these is a want? (a) a glitter pen set (b) drinking water (c) rice and dal (d) bus fare to school
39. 39.🛒 Need or want: medicine when ill? (a) a want (b) a need
40. 40.True or false: “rice and dal” is a want. (a) True (b) False

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