Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 332 · 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: medicine when ill? (a) a need (b) a want
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
3. 3.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
4. 4.🛒 Need or want: a video game? (a) a want (b) a need
5. 5.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
6. 6.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
7. 7.True or false: “a school uniform” is a need. (a) False (b) True
8. 8.🛒 Need or want: a roof over your head? (a) a want (b) a need
9. 9.🛒 Need or want: a toy robot? (a) a want (b) a need
10. 10.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
11. 11.🛒 Need or want: a sticker album? (a) a need (b) a want
12. 12.🛒 Need or want: school shoes? (a) a want (b) a need
13. 13.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a glitter pen set (d) bus fare to school
14. 14.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
15. 15.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
16. 16.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) bus fare to school (d) drinking water
17. 17.🛒 Need or want: notebooks for school? (a) a want (b) a need
18. 18.True or false: “rice and dal” is a need. (a) False (b) True
19. 19.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a glitter pen set (d) a roof over your head
20. 20.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) a warm blanket (d) school shoes
21. 21.🛒 Need or want: a glitter pen set? (a) a need (b) a want
22. 22.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) bus fare to school (d) designer sunglasses
23. 23.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a roof over your head (d) a bigger TV
24. 24.Which of these is a need? (a) a party dress (b) a warm blanket (c) a toy robot (d) a sticker album
25. 25.True or false: “medicine when ill” is a need. (a) True (b) False
26. 26.True or false: “notebooks for school” is a need. (a) False (b) True
27. 27.True or false: “a school uniform” is a want. (a) True (b) False
28. 28.True or false: “a video game” is a want. (a) False (b) True
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
30. 30.Which of these is a need? (a) sweets every day (b) medicine when ill (c) a glitter pen set (d) a party dress
31. 31.Which of these is a want? (a) a video game (b) notebooks for school (c) a school uniform (d) school shoes
32. 32.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a video game (d) drinking water
33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) rice and dal (d) a video game
34. 34.True or false: “a third pair of shoes” is a want. (a) True (b) False
35. 35.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) bus fare to school (d) a toy robot
36. 36.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) medicine when ill (d) rice and dal
37. 37.True or false: “a toy robot” is a want. (a) False (b) True
38. 38.True or false: “a third pair of shoes” is a need. (a) False (b) True
39. 39.True or false: “a fancy phone cover” is a need. (a) True (b) False
40. 40.Which of these is a want? (a) a toy robot (b) school shoes (c) a school uniform (d) soap

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