Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 172 · 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: a third pair of shoes? (a) a need (b) a want
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
3. 3.🛒 Need or want: drinking water? (a) a need (b) a want
4. 4.True or false: “a toy robot” is a need. (a) True (b) False
5. 5.Which of these is a want? (a) school shoes (b) a warm blanket (c) a glitter pen set (d) bus fare to school
6. 6.True or false: “rice and dal” is a want. (a) True (b) False
7. 7.🛒 Need or want: a video game? (a) a need (b) a want
8. 8.True or false: “a school uniform” is a want. (a) False (b) True
9. 9.True or false: “a toy robot” is a want. (a) False (b) True
10. 10.🛒 Need or want: medicine when ill? (a) a need (b) a want
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
12. 12.Which of these is a want? (a) rice and dal (b) medicine when ill (c) soap (d) a video game
13. 13.🎯 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
14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
15. 15.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
16. 16.True or false: “soap” is a want. (a) False (b) True
17. 17.🛒 Need or want: sweets every day? (a) a want (b) a need
18. 18.True or false: “a glitter pen set” is a need. (a) False (b) True
19. 19.🛒 Need or want: rice and dal? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) rice and dal (d) a bigger TV
21. 21.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a third pair of shoes (d) a school uniform
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) medicine when ill (d) a party dress
24. 24.True or false: “a video game” is a want. (a) False (b) True
25. 25.🛒 Need or want: soap? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) notebooks for school (d) bus fare to school
27. 27.True or false: “a sticker album” is a need. (a) True (b) False
28. 28.🛒 Need or want: notebooks for school? (a) a want (b) a need
29. 29.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) a third pair of shoes (d) bus fare to school
30. 30.🛒 Need or want: a toy robot? (a) a want (b) a need
31. 31.True or false: “a glitter pen set” is a want. (a) False (b) True
32. 32.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
33. 33.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) medicine when ill (d) designer sunglasses
34. 34.Which of these is a want? (a) medicine when ill (b) a school uniform (c) soap (d) a third pair of shoes
35. 35.True or false: “drinking water” is a want. (a) True (b) False
36. 36.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a bigger TV (d) a toy robot
37. 37.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) notebooks for school (d) sweets every day
38. 38.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a party dress (d) soap
39. 39.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) soap (d) a video game
40. 40.True or false: “a school uniform” is a need. (a) False (b) True

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