Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 211 · 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.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a third pair of shoes (d) a party dress
2. 2.True or false: “a fancy phone cover” is a need. (a) False (b) True
3. 3.🛒 Need or want: soap? (a) a need (b) a want
4. 4.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
5. 5.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
6. 6.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) rice and dal (d) a video game
7. 7.True or false: “a party dress” is a want. (a) False (b) True
8. 8.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a glitter pen set (d) a sticker album
9. 9.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
10. 10.True or false: “designer sunglasses” is a need. (a) True (b) False
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
13. 13.Which of these is a need? (a) bus fare to school (b) a third pair of shoes (c) a bigger TV (d) a fancy phone cover
14. 14.True or false: “medicine when ill” is a need. (a) False (b) True
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
16. 16.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
17. 17.True or false: “notebooks for school” is a want. (a) True (b) False
18. 18.True or false: “a glitter pen set” is a need. (a) True (b) False
19. 19.🛒 Need or want: a video game? (a) a want (b) a need
20. 20.True or false: “bus fare to school” is a want. (a) True (b) False
21. 21.🛒 Need or want: drinking water? (a) a need (b) a want
22. 22.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) drinking water (d) a school uniform
23. 23.🛒 Need or want: sweets every day? (a) a need (b) a want
24. 24.Which of these is a need? (a) a party dress (b) a bigger TV (c) school shoes (d) a sticker album
25. 25.Which of these is a want? (a) rice and dal (b) a school uniform (c) a fancy phone cover (d) soap
26. 26.Which of these is a need? (a) a glitter pen set (b) a video game (c) notebooks for school (d) sweets every day
27. 27.🛒 Need or want: a party dress? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a toy robot (d) school shoes
29. 29.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a warm blanket (d) a third pair of shoes
30. 30.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) designer sunglasses (d) a toy robot
31. 31.Which of these is a want? (a) soap (b) notebooks for school (c) a school uniform (d) a bigger TV
32. 32.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) designer sunglasses (d) a roof over your head
33. 33.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) school shoes (d) a warm blanket
34. 34.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) a school uniform (d) a warm blanket
35. 35.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
36. 36.🛒 Need or want: a school uniform? (a) a want (b) a need
37. 37.True or false: “soap” is a need. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a toy robot (d) a video game
39. 39.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) rice and dal (d) a video game
40. 40.Which of these is a want? (a) a party dress (b) a roof over your head (c) a school uniform (d) a warm blanket

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