Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 272 · 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.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
2. 2.True or false: “school shoes” is a want. (a) False (b) True
3. 3.Which of these is a want? (a) bus fare to school (b) drinking water (c) sweets every day (d) school shoes
4. 4.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a roof over your head (d) a video game
5. 5.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a school uniform (d) designer sunglasses
6. 6.True or false: “a school uniform” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) a glitter pen set (d) bus fare to school
8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
9. 9.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) a video game (d) a fancy phone cover
10. 10.True or false: “medicine when ill” is a need. (a) True (b) False
11. 11.True or false: “sweets every day” is a need. (a) True (b) False
12. 12.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a video game (d) rice and dal
13. 13.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) school shoes (d) a school uniform
14. 14.🛒 Need or want: school shoes? (a) a want (b) a need
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
16. 16.True or false: “a party dress” is a want. (a) False (b) True
17. 17.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
19. 19.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
20. 20.🛒 Need or want: a party dress? (a) a want (b) a need
21. 21.True or false: “medicine when ill” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) bus fare to school (d) a roof over your head
23. 23.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
24. 24.Which of these is a want? (a) a warm blanket (b) drinking water (c) bus fare to school (d) a glitter pen set
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.True or false: “drinking water” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) sweets every day (d) a video game
28. 28.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
29. 29.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) medicine when ill (d) drinking water
30. 30.True or false: “a warm blanket” is a want. (a) True (b) False
31. 31.🛒 Need or want: sweets every day? (a) a want (b) a need
32. 32.🛍️ 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
33. 33.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a fancy phone cover (d) drinking water
34. 34.🛒 Need or want: medicine when ill? (a) a want (b) a need
35. 35.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a toy robot (d) medicine when ill
36. 36.True or false: “a bigger TV” is a need. (a) True (b) False
37. 37.🛒 Need or want: a sticker album? (a) a need (b) a want
38. 38.True or false: “notebooks for school” is a want. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a party dress (d) medicine when ill
40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

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