Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 218 · 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.True or false: “a third pair of shoes” is a want. (a) True (b) False
2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
4. 4.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a bigger TV (d) a toy robot
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
6. 6.🛒 Need or want: a party dress? (a) a need (b) a want
7. 7.True or false: “a video game” is a need. (a) False (b) True
8. 8.🛒 Need or want: a video game? (a) a need (b) a want
9. 9.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
10. 10.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) a school uniform (d) a video game
11. 11.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
12. 12.Which of these is a need? (a) a video game (b) a party dress (c) a school uniform (d) a third pair of shoes
13. 13.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
14. 14.Which of these is a want? (a) a school uniform (b) school shoes (c) drinking water (d) a glitter pen set
15. 15.True or false: “a bigger TV” is a want. (a) True (b) False
16. 16.Which of these is a need? (a) a party dress (b) a toy robot (c) medicine when ill (d) a video game
17. 17.🛒 Need or want: bus fare to school? (a) a want (b) a need
18. 18.Which of these is a need? (a) soap (b) a fancy phone cover (c) a sticker album (d) sweets every day
19. 19.🛒 Need or want: drinking water? (a) a want (b) a need
20. 20.Which of these is a need? (a) a fancy phone cover (b) notebooks for school (c) a video game (d) sweets every day
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a warm blanket (d) a toy robot
23. 23.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) school shoes (d) a roof over your head
24. 24.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
25. 25.True or false: “a party dress” is a need. (a) True (b) False
26. 26.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
27. 27.🛒 Need or want: a warm blanket? (a) a want (b) a need
28. 28.Which of these is a want? (a) drinking water (b) a warm blanket (c) a third pair of shoes (d) a school uniform
29. 29.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) school shoes (d) a video game
30. 30.🛒 Need or want: a roof over your head? (a) a need (b) a want
31. 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) bus fare to school (c) rice and dal (d) drinking water
32. 32.True or false: “drinking water” is a need. (a) False (b) True
33. 33.Which of these is a want? (a) a toy robot (b) soap (c) a roof over your head (d) school shoes
34. 34.Which of these is a want? (a) drinking water (b) soap (c) designer sunglasses (d) notebooks for school
35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a toy robot (d) a glitter pen set
36. 36.Which of these is a need? (a) a toy robot (b) a party dress (c) a glitter pen set (d) a roof over your head
37. 37.True or false: “notebooks for school” is a want. (a) False (b) True
38. 38.True or false: “a glitter pen set” is a need. (a) False (b) True
39. 39.🛒 Need or want: a bigger TV? (a) a want (b) a need
40. 40.🔍 Which is the odd one out? (a) soap (b) a video game (c) a glitter pen set (d) a party dress

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