Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 191 · 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.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
2. 2.🛒 Need or want: school shoes? (a) a need (b) a want
3. 3.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
4. 4.True or false: “school shoes” is a want. (a) True (b) False
5. 5.Which of these is a want? (a) a school uniform (b) drinking water (c) a bigger TV (d) medicine when ill
6. 6.Which of these is a need? (a) a school uniform (b) sweets every day (c) a toy robot (d) a sticker album
7. 7.🛒 Need or want: a video game? (a) a need (b) a want
8. 8.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a sticker album (d) soap
9. 9.🔍 Which is the odd one out? (a) soap (b) a video game (c) a party dress (d) designer sunglasses
10. 10.🛒 Need or want: a toy robot? (a) a need (b) a want
11. 11.True or false: “rice and dal” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) bus fare to school (d) a school uniform
13. 13.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
14. 14.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) sweets every day (d) a party dress
15. 15.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a video game (d) school shoes
16. 16.True or false: “soap” is a need. (a) False (b) True
17. 17.🛒 Need or want: soap? (a) a need (b) a want
18. 18.True or false: “a toy robot” is a want. (a) False (b) True
19. 19.True or false: “a third pair of shoes” is a want. (a) False (b) True
20. 20.True or false: “drinking water” is a want. (a) True (b) False
21. 21.🛒 Need or want: a school uniform? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a party dress (d) a roof over your head
23. 23.🛒 Need or want: a warm blanket? (a) a need (b) a want
24. 24.Which of these is a want? (a) a warm blanket (b) a school uniform (c) designer sunglasses (d) soap
25. 25.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
26. 26.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) notebooks for school (d) a glitter pen set
27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
28. 28.True or false: “medicine when ill” is a want. (a) True (b) False
29. 29.🛒 Need or want: a roof over your head? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) bus fare to school (c) a warm blanket (d) rice and dal
31. 31.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a glitter pen set (d) a party dress
32. 32.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) notebooks for school (d) medicine when ill
33. 33.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) a glitter pen set (d) a school uniform
35. 35.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) soap (d) designer sunglasses
36. 36.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a party dress (d) medicine when ill
37. 37.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
38. 38.True or false: “a party dress” is a want. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a sticker album (d) a warm blanket
40. 40.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants

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