Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 345 · 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: a sticker album? (a) a need (b) a want
2. 2.True or false: “a glitter pen set” is a want. (a) True (b) False
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
4. 4.True or false: “a toy robot” is a need. (a) True (b) False
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
6. 6.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
7. 7.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) bus fare to school (d) drinking water
8. 8.True or false: “school shoes” is a need. (a) False (b) True
9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
10. 10.True or false: “notebooks for school” is a want. (a) True (b) False
11. 11.🛒 Need or want: designer sunglasses? (a) a need (b) a want
12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) sweets every day (b) medicine when ill (c) a party dress (d) a glitter pen set
14. 14.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a warm blanket (d) school shoes
15. 15.True or false: “medicine when ill” is a want. (a) False (b) True
16. 16.🛒 Need or want: a warm blanket? (a) a want (b) a need
17. 17.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
18. 18.True or false: “a third pair of shoes” is a need. (a) False (b) True
19. 19.Which of these is a need? (a) medicine when ill (b) a toy robot (c) a party dress (d) a fancy phone cover
20. 20.True or false: “a toy robot” is a want. (a) False (b) True
21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) a video game (d) a bigger TV
22. 22.True or false: “medicine when ill” is a need. (a) False (b) True
23. 23.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
24. 24.True or false: “a third pair of shoes” is a want. (a) True (b) False
25. 25.Which of these is a need? (a) a roof over your head (b) a third pair of shoes (c) sweets every day (d) a toy robot
26. 26.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a glitter pen set (d) a third pair of shoes
27. 27.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) drinking water
28. 28.🛒 Need or want: a party dress? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) school shoes (d) rice and dal
30. 30.🛒 Need or want: sweets every day? (a) a want (b) a need
31. 31.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) a school uniform (d) a fancy phone cover
32. 32.🛒 Need or want: a roof over your head? (a) a want (b) a need
33. 33.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a third pair of shoes (d) notebooks for school
34. 34.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
35. 35.Which of these is a need? (a) a video game (b) a sticker album (c) a party dress (d) soap
36. 36.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) bus fare to school (d) a fancy phone cover
37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
38. 38.True or false: “a school uniform” is a want. (a) False (b) True
39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) drinking water (d) a toy robot
40. 40.True or false: “a bigger TV” is a need. (a) True (b) False

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