Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 377 · 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 third pair of shoes? (a) a need (b) a want
2. 2.True or false: “a third pair of shoes” is a want. (a) False (b) True
3. 3.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) soap (d) medicine when ill
4. 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
7. 7.🛒 Need or want: a bigger TV? (a) a need (b) a want
8. 8.Which of these is a need? (a) a party dress (b) a toy robot (c) soap (d) a video game
9. 9.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) soap (d) school shoes
10. 10.Which of these is a need? (a) a party dress (b) a bigger TV (c) sweets every day (d) drinking water
11. 11.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) notebooks for school (d) drinking water
12. 12.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a school uniform (d) designer sunglasses
13. 13.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) school shoes (d) a third pair of shoes
14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) rice and dal (b) designer sunglasses (c) a party dress (d) a toy robot
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a roof over your head (d) school shoes
17. 17.True or false: “drinking water” is a need. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a video game (d) sweets every day
19. 19.Which of these is a want? (a) school shoes (b) sweets every day (c) a warm blanket (d) a roof over your head
20. 20.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
21. 21.🛒 Need or want: a school uniform? (a) a need (b) a want
22. 22.True or false: “a school uniform” is a want. (a) True (b) False
23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
24. 24.Which of these is a want? (a) rice and dal (b) a toy robot (c) notebooks for school (d) school shoes
25. 25.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a party dress (d) a toy robot
26. 26.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
27. 27.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
28. 28.🛒 Need or want: a glitter pen set? (a) a need (b) a want
29. 29.🛒 Need or want: a roof over your head? (a) a need (b) a want
30. 30.🛒 Need or want: notebooks for school? (a) a want (b) a need
31. 31.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
32. 32.Which of these is a need? (a) a bigger TV (b) a video game (c) rice and dal (d) a toy robot
33. 33.True or false: “a bigger TV” is a need. (a) True (b) False
34. 34.True or false: “medicine when ill” is a need. (a) True (b) False
35. 35.True or false: “a toy robot” is a need. (a) False (b) True
36. 36.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a warm blanket (d) a toy robot
37. 37.True or false: “a bigger TV” is a want. (a) True (b) False
38. 38.🛒 Need or want: a warm blanket? (a) a need (b) a want
39. 39.True or false: “school shoes” is a need. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) school shoes (b) soap (c) a glitter pen set (d) medicine when ill

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