Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 155 · 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.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
3. 3.True or false: “a fancy phone cover” is a need. (a) True (b) False
4. 4.Which of these is a want? (a) notebooks for school (b) drinking water (c) school shoes (d) a toy robot
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
6. 6.True or false: “sweets every day” is a want. (a) True (b) False
7. 7.🛒 Need or want: drinking water? (a) a need (b) a want
8. 8.True or false: “drinking water” is a want. (a) False (b) True
9. 9.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) a glitter pen set (d) a video game
10. 10.True or false: “a roof over your head” is a need. (a) True (b) False
11. 11.Which of these is a want? (a) drinking water (b) a bigger TV (c) school shoes (d) a warm blanket
12. 12.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) soap (d) medicine when ill
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) a sticker album (c) medicine when ill (d) a warm blanket
14. 14.Which of these is a need? (a) drinking water (b) a fancy phone cover (c) a video game (d) a glitter pen set
15. 15.Which of these is a want? (a) a third pair of shoes (b) notebooks for school (c) soap (d) a roof over your head
16. 16.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a toy robot (d) a warm blanket
17. 17.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a video game (d) a fancy phone cover
18. 18.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a school uniform (d) sweets every day
19. 19.Which of these is a need? (a) bus fare to school (b) designer sunglasses (c) a bigger TV (d) a glitter pen set
20. 20.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a video game (d) a roof over your head
21. 21.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
22. 22.Which of these is a want? (a) drinking water (b) a warm blanket (c) medicine when ill (d) a fancy phone cover
23. 23.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) drinking water (d) notebooks for school
24. 24.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) designer sunglasses (d) a third pair of shoes
25. 25.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) sweets every day (d) rice and dal
26. 26.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) a warm blanket (d) school shoes
27. 27.True or false: “a roof over your head” is a want. (a) False (b) True
28. 28.🛒 Need or want: a video game? (a) a want (b) a need
29. 29.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) notebooks for school (d) rice and dal
30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) rice and dal (d) a warm blanket
31. 31.True or false: “medicine when ill” is a need. (a) False (b) True
32. 32.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) rice and dal (d) a sticker album
33. 33.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) a school uniform (d) school shoes
34. 34.🛒 Need or want: a warm blanket? (a) a want (b) a need
35. 35.🛒 Need or want: medicine when ill? (a) a need (b) a want
36. 36.True or false: “a bigger TV” is a need. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a warm blanket (d) a school uniform
38. 38.True or false: “soap” is a need. (a) False (b) True
39. 39.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a party dress (d) notebooks for school

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