Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 367 · 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 tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
2. 2.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
3. 3.🛒 Need or want: soap? (a) a want (b) a need
4. 4.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
5. 5.True or false: “notebooks for school” is a need. (a) False (b) True
6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
7. 7.True or false: “a sticker album” is a want. (a) False (b) True
8. 8.Which of these is a want? (a) a toy robot (b) a warm blanket (c) school shoes (d) soap
9. 9.True or false: “a roof over your head” is a want. (a) False (b) True
10. 10.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
11. 11.True or false: “school shoes” is a want. (a) True (b) False
12. 12.🛒 Need or want: sweets every day? (a) a need (b) a want
13. 13.🛒 Need or want: a toy robot? (a) a need (b) a want
14. 14.Which of these is a want? (a) a roof over your head (b) a third pair of shoes (c) soap (d) a warm blanket
15. 15.True or false: “rice and dal” is a want. (a) False (b) True
16. 16.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
17. 17.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
18. 18.True or false: “medicine when ill” is a need. (a) False (b) True
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
20. 20.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a glitter pen set (d) a third pair of shoes
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
22. 22.True or false: “rice and dal” is a need. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) rice and dal (d) a toy robot
24. 24.🛒 Need or want: a glitter pen set? (a) a want (b) a need
25. 25.Which of these is a want? (a) a roof over your head (b) soap (c) sweets every day (d) a school uniform
26. 26.True or false: “a third pair of shoes” is a want. (a) True (b) False
27. 27.True or false: “a bigger TV” is a need. (a) True (b) False
28. 28.True or false: “sweets every day” is a want. (a) True (b) False
29. 29.🛒 Need or want: a warm blanket? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) notebooks for school (d) a third pair of shoes
31. 31.Which of these is a want? (a) a warm blanket (b) school shoes (c) drinking water (d) a bigger TV
32. 32.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a third pair of shoes (d) a roof over your head
33. 33.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) designer sunglasses (d) rice and dal
34. 34.Which of these is a need? (a) a bigger TV (b) sweets every day (c) soap (d) a glitter pen set
35. 35.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a warm blanket (d) a sticker album
36. 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a bigger TV (d) rice and dal
37. 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
38. 38.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a bigger TV (d) drinking water
39. 39.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a party dress (d) a school uniform
40. 40.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a sticker album (d) bus fare to school

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