Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 166 · 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: sweets every day? (a) a want (b) a need
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
3. 3.Which of these is a want? (a) sweets every day (b) a school uniform (c) medicine when ill (d) a warm blanket
4. 4.Which of these is a want? (a) medicine when ill (b) school shoes (c) drinking water (d) a party dress
5. 5.🛒 Need or want: notebooks for school? (a) a need (b) a want
6. 6.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
8. 8.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a video game (d) school shoes
9. 9.🛒 Need or want: drinking water? (a) a need (b) a want
10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
11. 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) medicine when ill (d) soap
13. 13.🛒 Need or want: rice and dal? (a) a need (b) a want
14. 14.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
15. 15.🛒 Need or want: a warm blanket? (a) a want (b) a need
16. 16.True or false: “medicine when ill” is a want. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a sticker album (d) drinking water
18. 18.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
19. 19.True or false: “a glitter pen set” is a want. (a) True (b) False
20. 20.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) bus fare to school (d) a party dress
21. 21.True or false: “bus fare to school” is a need. (a) False (b) True
22. 22.True or false: “a sticker album” is a want. (a) True (b) False
23. 23.Which of these is a want? (a) a roof over your head (b) a school uniform (c) a warm blanket (d) a bigger TV
24. 24.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
26. 26.True or false: “a warm blanket” is a want. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) drinking water (d) a third pair of shoes
28. 28.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) sweets every day (d) bus fare to school
29. 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) designer sunglasses (d) a party dress
30. 30.True or false: “school shoes” is a need. (a) True (b) False
31. 31.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) bus fare to school (d) school shoes
32. 32.🛒 Need or want: a sticker album? (a) a need (b) a want
33. 33.True or false: “school shoes” is a want. (a) False (b) True
34. 34.True or false: “drinking water” is a want. (a) True (b) False
35. 35.🛒 Need or want: medicine when ill? (a) a want (b) a need
36. 36.🛒 Need or want: a toy robot? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) a toy robot (d) a glitter pen set
38. 38.Which of these is a want? (a) drinking water (b) school shoes (c) a fancy phone cover (d) a school uniform
39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) soap (d) a glitter pen set
40. 40.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it

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