Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 338 · 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.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) medicine when ill (d) designer sunglasses
2. 2.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
3. 3.🛒 Need or want: bus fare to school? (a) a need (b) a want
4. 4.True or false: “drinking water” is a want. (a) False (b) True
5. 5.True or false: “a toy robot” is a need. (a) False (b) True
6. 6.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
7. 7.🛒 Need or want: sweets every day? (a) a want (b) a need
8. 8.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) school shoes (d) a third pair of shoes
9. 9.Which of these is a want? (a) drinking water (b) a bigger TV (c) rice and dal (d) bus fare to school
10. 10.🛒 Need or want: school shoes? (a) a need (b) a want
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
12. 12.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) notebooks for school (d) a toy robot
13. 13.True or false: “a fancy phone cover” is a need. (a) True (b) False
14. 14.🛒 Need or want: notebooks for school? (a) a want (b) a need
15. 15.Which of these is a need? (a) notebooks for school (b) a party dress (c) a bigger TV (d) a third pair of shoes
16. 16.🛒 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
17. 17.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) school shoes (d) soap
18. 18.Which of these is a want? (a) medicine when ill (b) school shoes (c) a party dress (d) drinking water
19. 19.True or false: “bus fare to school” is a want. (a) True (b) False
20. 20.🛒 Need or want: soap? (a) a need (b) a want
21. 21.🛒 Need or want: designer sunglasses? (a) a need (b) a want
22. 22.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
23. 23.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) a fancy phone cover (d) a glitter pen set
24. 24.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) a toy robot (d) soap
25. 25.Which of these is a want? (a) a video game (b) rice and dal (c) drinking water (d) notebooks for school
26. 26.🛒 Need or want: rice and dal? (a) a want (b) a need
27. 27.True or false: “soap” is a need. (a) False (b) True
28. 28.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a warm blanket (d) a glitter pen set
29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
30. 30.True or false: “medicine when ill” is a need. (a) True (b) False
31. 31.🛒 Need or want: drinking water? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) school shoes (d) medicine when ill
33. 33.Which of these is a want? (a) a glitter pen set (b) rice and dal (c) bus fare to school (d) a school uniform
34. 34.🛒 Need or want: a warm blanket? (a) a need (b) a want
35. 35.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
36. 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) a third pair of shoes (d) a glitter pen set
37. 37.🛒 Need or want: a party dress? (a) a need (b) a want
38. 38.Which of these is a need? (a) a video game (b) rice and dal (c) a bigger TV (d) a glitter pen set
39. 39.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) soap (d) drinking water
40. 40.Which of these is a need? (a) a video game (b) soap (c) a bigger TV (d) a toy robot

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