Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 207 · 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) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
2. 2.True or false: “designer sunglasses” is a want. (a) False (b) True
3. 3.🛒 Need or want: a bigger TV? (a) a need (b) a want
4. 4.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) school shoes (d) a party dress
5. 5.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
6. 6.Which of these is a want? (a) a school uniform (b) bus fare to school (c) school shoes (d) a bigger TV
7. 7.Which of these is a need? (a) a third pair of shoes (b) a video game (c) sweets every day (d) medicine when ill
8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
9. 9.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a video game (d) a roof over your head
10. 10.Which of these is a want? (a) a party dress (b) a school uniform (c) a roof over your head (d) notebooks for school
11. 11.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) a bigger TV (d) rice and dal
12. 12.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a sticker album (d) a third pair of shoes
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
15. 15.True or false: “a third pair of shoes” is a want. (a) False (b) True
16. 16.🛒 Need or want: a school uniform? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) notebooks for school (d) drinking water
18. 18.True or false: “a bigger TV” is a need. (a) True (b) False
19. 19.True or false: “a school uniform” is a need. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) school shoes (d) rice and dal
21. 21.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
22. 22.🛒 Need or want: sweets every day? (a) a want (b) a need
23. 23.🛒 Need or want: rice and dal? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a bigger TV (d) drinking water
25. 25.🛒 Need or want: soap? (a) a want (b) a need
26. 26.🛒 Need or want: school shoes? (a) a need (b) a want
27. 27.True or false: “a roof over your head” is a need. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) a school uniform (d) sweets every day
29. 29.Which of these is a need? (a) a toy robot (b) a video game (c) designer sunglasses (d) soap
30. 30.🛒 Need or want: a roof over your head? (a) a want (b) a need
31. 31.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
32. 32.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) designer sunglasses (d) a sticker album
33. 33.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) sweets every day (d) soap
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) soap (d) a school uniform
35. 35.True or false: “a party dress” is a need. (a) True (b) False
36. 36.True or false: “a bigger TV” is a want. (a) False (b) True
37. 37.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) school shoes (d) rice and dal
39. 39.True or false: “soap” is a want. (a) True (b) False
40. 40.True or false: “drinking water” is a need. (a) False (b) True

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