Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 189 · 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: soap? (a) a want (b) a need
2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
3. 3.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
4. 4.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
5. 5.🛒 Need or want: medicine when ill? (a) a need (b) a want
6. 6.True or false: “medicine when ill” is a need. (a) False (b) True
7. 7.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
8. 8.Which of these is a need? (a) a party dress (b) a bigger TV (c) a fancy phone cover (d) a school uniform
9. 9.🛒 Need or want: notebooks for school? (a) a want (b) a need
10. 10.Which of these is a want? (a) rice and dal (b) bus fare to school (c) school shoes (d) a party dress
11. 11.True or false: “a toy robot” is a need. (a) False (b) True
12. 12.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
13. 13.🛒 Need or want: a warm blanket? (a) a need (b) a want
14. 14.Which of these is a want? (a) a sticker album (b) rice and dal (c) bus fare to school (d) notebooks for school
15. 15.True or false: “sweets every day” is a want. (a) False (b) True
16. 16.Which of these is a want? (a) a fancy phone cover (b) a school uniform (c) medicine when ill (d) school shoes
17. 17.🛒 Need or want: a school uniform? (a) a want (b) a need
18. 18.Which of these is a want? (a) a bigger TV (b) rice and dal (c) a roof over your head (d) drinking water
19. 19.True or false: “a third pair of shoes” is a want. (a) True (b) False
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
21. 21.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) a video game (d) a toy robot
22. 22.🛍️ 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
23. 23.Which of these is a need? (a) a party dress (b) a toy robot (c) a glitter pen set (d) soap
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.True or false: “a fancy phone cover” is a need. (a) True (b) False
26. 26.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) a warm blanket (d) a sticker album
27. 27.🛒 Need or want: a sticker album? (a) a need (b) a want
28. 28.🛒 Need or want: sweets every day? (a) a need (b) a want
29. 29.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a toy robot (d) medicine when ill
30. 30.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a warm blanket (d) a bigger TV
31. 31.True or false: “medicine when ill” is a want. (a) True (b) False
32. 32.🛒 Need or want: a video game? (a) a want (b) a need
33. 33.Which of these is a want? (a) a video game (b) medicine when ill (c) a warm blanket (d) drinking water
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) a party dress (d) drinking water
35. 35.True or false: “a sticker album” is a need. (a) False (b) True
36. 36.Which of these is a need? (a) designer sunglasses (b) a video game (c) drinking water (d) a party dress
37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) a party dress (d) designer sunglasses
39. 39.🔍 Which is the odd one out? (a) a bigger TV (b) a school uniform (c) notebooks for school (d) a warm blanket
40. 40.🛒 Need or want: a third pair of shoes? (a) a need (b) a want

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