Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 163 · 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.🛒 Need or want: bus fare to school? (a) a want (b) a need
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
3. 3.🛒 Need or want: a toy robot? (a) a need (b) a want
4. 4.True or false: “a sticker album” is a need. (a) False (b) True
5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) sweets every day (d) drinking water
7. 7.True or false: “a roof over your head” is a want. (a) True (b) False
8. 8.🛒 Need or want: a roof over your head? (a) a need (b) a want
9. 9.🛒 Need or want: a school uniform? (a) a want (b) a need
10. 10.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) soap (d) notebooks for school
11. 11.True or false: “a warm blanket” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a video game (d) school shoes
13. 13.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a warm blanket (d) a roof over your head
14. 14.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) bus fare to school (d) medicine when ill
15. 15.🔍 Which is the odd one out? (a) school shoes (b) soap (c) notebooks for school (d) a fancy phone cover
16. 16.🛒 Need or want: a warm blanket? (a) a need (b) a want
17. 17.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) drinking water (d) designer sunglasses
18. 18.True or false: “soap” is a need. (a) False (b) True
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
20. 20.🛒 Need or want: a bigger TV? (a) a want (b) a need
21. 21.Which of these is a want? (a) school shoes (b) drinking water (c) a roof over your head (d) a third pair of shoes
22. 22.Which of these is a want? (a) school shoes (b) designer sunglasses (c) a warm blanket (d) medicine when ill
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a glitter pen set (d) soap
24. 24.True or false: “medicine when ill” is a want. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) a sticker album (d) notebooks for school
26. 26.🛒 Need or want: rice and dal? (a) a need (b) a want
27. 27.True or false: “designer sunglasses” is a want. (a) True (b) False
28. 28.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
29. 29.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a sticker album (d) a glitter pen set
30. 30.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
31. 31.🎯 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
32. 32.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
33. 33.True or false: “a fancy phone cover” is a need. (a) True (b) False
34. 34.🛒 Need or want: a glitter pen set? (a) a want (b) a need
35. 35.🛒 Need or want: school shoes? (a) a want (b) a need
36. 36.🛒 Need or want: sweets every day? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a third pair of shoes (d) rice and dal
38. 38.True or false: “a party dress” is a want. (a) False (b) True
39. 39.Which of these is a want? (a) soap (b) school shoes (c) a warm blanket (d) a video game
40. 40.True or false: “school shoes” is a want. (a) False (b) True

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