Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 324 · 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.🛒 Need or want: school shoes? (a) a want (b) a need
2. 2.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
3. 3.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
4. 4.True or false: “a party dress” is a want. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) designer sunglasses (d) school shoes
6. 6.Which of these is a need? (a) a video game (b) a party dress (c) a fancy phone cover (d) notebooks for school
7. 7.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
8. 8.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) a video game (d) a toy robot
9. 9.True or false: “a warm blanket” is a need. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) a sticker album (c) a third pair of shoes (d) a glitter pen set
11. 11.Which of these is a want? (a) a warm blanket (b) a bigger TV (c) drinking water (d) a school uniform
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) designer sunglasses (d) notebooks for school
13. 13.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) a bigger TV (d) a glitter pen set
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.True or false: “medicine when ill” is a need. (a) True (b) False
16. 16.🛒 Need or want: bus fare to school? (a) a want (b) a need
17. 17.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
18. 18.True or false: “designer sunglasses” is a need. (a) False (b) True
19. 19.🛒 Need or want: drinking water? (a) a want (b) a need
20. 20.Which of these is a want? (a) drinking water (b) a warm blanket (c) a school uniform (d) a sticker album
21. 21.True or false: “a school uniform” is a want. (a) True (b) False
22. 22.True or false: “designer sunglasses” is a want. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) a school uniform (d) drinking water
24. 24.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) a party dress (d) medicine when ill
26. 26.True or false: “a toy robot” is a need. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a sticker album (d) soap
28. 28.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a sticker album (d) rice and dal
29. 29.Which of these is a want? (a) sweets every day (b) a school uniform (c) a roof over your head (d) rice and dal
30. 30.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
31. 31.True or false: “a roof over your head” is a want. (a) False (b) True
32. 32.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) a warm blanket (d) notebooks for school
33. 33.True or false: “a video game” is a want. (a) True (b) False
34. 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
35. 35.Which of these is a want? (a) soap (b) a glitter pen set (c) rice and dal (d) drinking water
36. 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
38. 38.True or false: “a bigger TV” is a need. (a) True (b) False
39. 39.True or false: “soap” is a need. (a) True (b) False
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites

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