Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 359 · 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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
3. 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
4. 4.🛒 Need or want: a toy robot? (a) a need (b) a want
5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) soap (d) a toy robot
6. 6.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a roof over your head (d) medicine when ill
7. 7.True or false: “a glitter pen set” is a want. (a) True (b) False
8. 8.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
9. 9.True or false: “a fancy phone cover” is a want. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a roof over your head (d) a bigger TV
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a warm blanket (d) notebooks for school
12. 12.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
13. 13.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) bus fare to school (d) a video game
14. 14.True or false: “a sticker album” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a video game (d) a fancy phone cover
16. 16.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) a bigger TV (d) bus fare to school
17. 17.True or false: “a third pair of shoes” is a need. (a) True (b) False
18. 18.🛒 Need or want: a party dress? (a) a want (b) a need
19. 19.True or false: “drinking water” is a want. (a) False (b) True
20. 20.🛒 Need or want: a roof over your head? (a) a want (b) a need
21. 21.True or false: “soap” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a glitter pen set (d) medicine when ill
23. 23.Which of these is a need? (a) a bigger TV (b) a toy robot (c) medicine when ill (d) a sticker album
24. 24.Which of these is a want? (a) medicine when ill (b) a glitter pen set (c) notebooks for school (d) rice and dal
25. 25.🛒 Need or want: drinking water? (a) a want (b) a need
26. 26.Which of these is a want? (a) school shoes (b) a school uniform (c) a video game (d) drinking water
27. 27.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) drinking water (d) a party dress
28. 28.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
29. 29.🛒 Need or want: designer sunglasses? (a) a need (b) a want
30. 30.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
31. 31.🛒 Need or want: sweets every day? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) school shoes (b) soap (c) a fancy phone cover (d) a roof over your head
33. 33.True or false: “a school uniform” is a need. (a) True (b) False
34. 34.🛒 Need or want: a video game? (a) a need (b) a want
35. 35.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
36. 36.True or false: “rice and dal” is a need. (a) False (b) True
37. 37.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a fancy phone cover (d) a toy robot
38. 38.Which of these is a want? (a) drinking water (b) bus fare to school (c) a third pair of shoes (d) notebooks for school
39. 39.🛒 Need or want: soap? (a) a need (b) a want
40. 40.Which of these is a want? (a) a school uniform (b) notebooks for school (c) bus fare to school (d) sweets every day

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