Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 159 · 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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
2. 2.🛒 Need or want: drinking water? (a) a need (b) a want
3. 3.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) a fancy phone cover (d) a roof over your head
4. 4.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) bus fare to school (d) a sticker album
5. 5.True or false: “rice and dal” is a need. (a) False (b) True
6. 6.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a sticker album (d) soap
7. 7.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
8. 8.True or false: “a glitter pen set” is a want. (a) True (b) False
9. 9.Which of these is a want? (a) rice and dal (b) a school uniform (c) drinking water (d) a bigger TV
10. 10.True or false: “a party dress” is a need. (a) False (b) True
11. 11.🛒 Need or want: rice and dal? (a) a want (b) a need
12. 12.True or false: “a third pair of shoes” is a want. (a) True (b) False
13. 13.🛒 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
14. 14.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a sticker album (d) a party dress
15. 15.🛒 Need or want: a roof over your head? (a) a want (b) a need
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
17. 17.True or false: “drinking water” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) bus fare to school (d) rice and dal
19. 19.🛒 Need or want: a party dress? (a) a need (b) a want
20. 20.Which of these is a need? (a) a video game (b) medicine when ill (c) a fancy phone cover (d) sweets every day
21. 21.True or false: “a fancy phone cover” is a need. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) a roof over your head (d) bus fare to school
23. 23.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) soap (d) a fancy phone cover
24. 24.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
25. 25.Which of these is a need? (a) a video game (b) a toy robot (c) sweets every day (d) drinking water
26. 26.🔍 Which is the odd one out? (a) a glitter pen set (b) rice and dal (c) bus fare to school (d) drinking water
27. 27.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a school uniform (d) a warm blanket
28. 28.True or false: “a school uniform” is a want. (a) False (b) True
29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
30. 30.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a video game (d) a school uniform
31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) sweets every day (d) a warm blanket
32. 32.🛒 Need or want: bus fare to school? (a) a want (b) a need
33. 33.True or false: “a sticker album” is a need. (a) True (b) False
34. 34.True or false: “soap” is a want. (a) True (b) False
35. 35.True or false: “a toy robot” is a need. (a) True (b) False
36. 36.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
37. 37.🛒 Need or want: notebooks for school? (a) a need (b) a want
38. 38.Which of these is a want? (a) soap (b) sweets every day (c) a roof over your head (d) medicine when ill
39. 39.Which of these is a need? (a) a party dress (b) soap (c) designer sunglasses (d) a fancy phone cover
40. 40.True or false: “a video game” is a need. (a) True (b) False

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