Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 343 · 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 want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
3. 3.True or false: “a warm blanket” is a want. (a) True (b) False
4. 4.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) school shoes (d) notebooks for school
5. 5.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) a bigger TV (d) a third pair of shoes
7. 7.🛒 Need or want: a school uniform? (a) a need (b) a want
8. 8.Which of these is a want? (a) rice and dal (b) bus fare to school (c) a bigger TV (d) drinking water
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
10. 10.🛒 Need or want: a toy robot? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) a party dress (b) soap (c) a warm blanket (d) a school uniform
12. 12.True or false: “medicine when ill” is a want. (a) False (b) True
13. 13.Which of these is a need? (a) a sticker album (b) soap (c) a toy robot (d) a video game
14. 14.True or false: “drinking water” is a want. (a) False (b) True
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
16. 16.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) a third pair of shoes (d) a toy robot
17. 17.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) medicine when ill (d) a toy robot
18. 18.Which of these is a need? (a) a toy robot (b) bus fare to school (c) sweets every day (d) a bigger TV
19. 19.🛒 Need or want: medicine when ill? (a) a want (b) a need
20. 20.🛒 Need or want: soap? (a) a want (b) a need
21. 21.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) sweets every day (d) a warm blanket
22. 22.True or false: “a school uniform” is a need. (a) False (b) True
23. 23.🛒 Need or want: notebooks for school? (a) a need (b) a want
24. 24.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a roof over your head (d) a fancy phone cover
25. 25.🛒 Need or want: designer sunglasses? (a) a want (b) a need
26. 26.True or false: “notebooks for school” is a need. (a) False (b) True
27. 27.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) a sticker album (d) drinking water
28. 28.True or false: “a roof over your head” is a want. (a) True (b) False
29. 29.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) sweets every day (d) a video game
30. 30.Which of these is a need? (a) a party dress (b) a toy robot (c) rice and dal (d) a video game
31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
32. 32.🛒 Need or want: sweets every day? (a) a want (b) a need
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.Which of these is a want? (a) school shoes (b) a school uniform (c) sweets every day (d) a warm blanket
35. 35.True or false: “a toy robot” is a want. (a) False (b) True
36. 36.🛒 Need or want: a video game? (a) a want (b) a need
37. 37.True or false: “school shoes” is a want. (a) False (b) True
38. 38.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a party dress (d) a bigger TV
39. 39.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) bus fare to school (d) school shoes
40. 40.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys

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