Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 187 · 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) many people want it (c) nobody likes it (d) it is not safe
2. 2.Which of these is a want? (a) a bigger TV (b) drinking water (c) a warm blanket (d) bus fare to school
3. 3.🛒 Need or want: soap? (a) a need (b) a want
4. 4.🛒 Need or want: designer sunglasses? (a) a need (b) a want
5. 5.True or false: “notebooks for school” is a want. (a) False (b) True
6. 6.Which of these is a need? (a) a party dress (b) sweets every day (c) a glitter pen set (d) a school uniform
7. 7.🛍️ 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
8. 8.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a sticker album (d) medicine when ill
9. 9.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a warm blanket (d) a glitter pen set
10. 10.True or false: “a sticker album” is a want. (a) False (b) True
11. 11.True or false: “a party dress” is a want. (a) True (b) False
12. 12.Which of these is a need? (a) sweets every day (b) soap (c) a third pair of shoes (d) a party dress
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
14. 14.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) a bigger TV (d) rice and dal
15. 15.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
16. 16.🛒 Need or want: a party dress? (a) a need (b) a want
17. 17.Which of these is a need? (a) a video game (b) a sticker album (c) rice and dal (d) a fancy phone cover
18. 18.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a bigger TV (d) a glitter pen set
19. 19.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) designer sunglasses (d) a warm blanket
20. 20.🛒 Need or want: sweets every day? (a) a need (b) a want
21. 21.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a party dress (d) medicine when ill
22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) soap (d) a party dress
23. 23.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a video game (d) notebooks for school
24. 24.🛒 Need or want: a toy robot? (a) a want (b) a need
25. 25.Which of these is a want? (a) notebooks for school (b) school shoes (c) a glitter pen set (d) a warm blanket
26. 26.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a toy robot (d) bus fare to school
27. 27.True or false: “a bigger TV” is a want. (a) True (b) False
28. 28.🛒 Need or want: drinking water? (a) a need (b) a want
29. 29.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
30. 30.True or false: “designer sunglasses” is a want. (a) False (b) True
31. 31.🛒 Need or want: a sticker album? (a) a need (b) a want
32. 32.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
33. 33.True or false: “notebooks for school” is a need. (a) False (b) True
34. 34.🛒 Need or want: a bigger TV? (a) a need (b) a want
35. 35.🛒 Need or want: rice and dal? (a) a need (b) a want
36. 36.True or false: “a school uniform” is a need. (a) True (b) False
37. 37.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a fancy phone cover (d) school shoes
38. 38.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
39. 39.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a glitter pen set (d) notebooks for school
40. 40.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) soap (d) a glitter pen set

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