Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 287 · 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) a want: games (b) a need: food (c) a want: toys (d) nothing at all
2. 2.Which of these is a need? (a) a party dress (b) a toy robot (c) a video game (d) notebooks for school
3. 3.🎯 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
4. 4.True or false: “drinking water” is a need. (a) True (b) False
5. 5.True or false: “soap” is a need. (a) True (b) False
6. 6.True or false: “a party dress” is a want. (a) True (b) False
7. 7.Which of these is a want? (a) notebooks for school (b) a video game (c) drinking water (d) soap
8. 8.True or false: “a roof over your head” is a want. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) medicine when ill (d) drinking water
10. 10.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
11. 11.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) drinking water (d) a school uniform
12. 12.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) sweets every day (d) a glitter pen set
13. 13.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) medicine when ill (d) a school uniform
14. 14.🛒 Need or want: school shoes? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) school shoes (d) a third pair of shoes
16. 16.True or false: “a warm blanket” is a need. (a) True (b) False
17. 17.True or false: “bus fare to school” is a need. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a video game (d) notebooks for school
19. 19.🛒 Need or want: sweets every day? (a) a need (b) a want
20. 20.🛒 Need or want: drinking water? (a) a want (b) a need
21. 21.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
22. 22.🛒 Need or want: a roof over your head? (a) a need (b) a want
23. 23.Which of these is a need? (a) a toy robot (b) a warm blanket (c) sweets every day (d) a video game
24. 24.Which of these is a need? (a) a party dress (b) a toy robot (c) a third pair of shoes (d) rice and dal
25. 25.Which of these is a want? (a) a warm blanket (b) school shoes (c) drinking water (d) designer sunglasses
26. 26.Which of these is a want? (a) bus fare to school (b) a school uniform (c) soap (d) sweets every day
27. 27.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
28. 28.True or false: “drinking water” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a fancy phone cover (d) a school uniform
30. 30.True or false: “notebooks for school” is a need. (a) False (b) True
31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
32. 32.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) bus fare to school (d) a school uniform
33. 33.True or false: “a third pair of shoes” is a need. (a) False (b) True
34. 34.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a sticker album (d) a bigger TV
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) soap (c) designer sunglasses (d) bus fare to school
36. 36.🛒 Need or want: a video game? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) sweets every day (d) bus fare to school
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) soap (d) sweets every day
39. 39.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
40. 40.Which of these is a want? (a) a roof over your head (b) a school uniform (c) a fancy phone cover (d) notebooks for school

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