Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 378 · 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.Which of these is a want? (a) drinking water (b) a warm blanket (c) medicine when ill (d) designer sunglasses
2. 2.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) soap
3. 3.True or false: “a bigger TV” is a need. (a) False (b) True
4. 4.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
6. 6.🔍 Which is the odd one out? (a) notebooks for school (b) a toy robot (c) designer sunglasses (d) a glitter pen set
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.Which of these is a need? (a) a bigger TV (b) a video game (c) a fancy phone cover (d) drinking water
9. 9.🛒 Need or want: rice and dal? (a) a need (b) a want
10. 10.True or false: “school shoes” is a want. (a) False (b) True
11. 11.🛒 Need or want: a glitter pen set? (a) a want (b) a need
12. 12.True or false: “a warm blanket” is a want. (a) False (b) True
13. 13.True or false: “notebooks for school” is a need. (a) True (b) False
14. 14.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a video game (d) school shoes
15. 15.Which of these is a want? (a) a school uniform (b) medicine when ill (c) rice and dal (d) a bigger TV
16. 16.True or false: “bus fare to school” is a want. (a) False (b) True
17. 17.🛒 Need or want: a video game? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) a third pair of shoes (d) sweets every day
19. 19.🛒 Need or want: sweets every day? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) a school uniform (d) drinking water
21. 21.True or false: “drinking water” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a party dress (d) notebooks for school
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) a third pair of shoes (d) a fancy phone cover
24. 24.True or false: “school shoes” is a need. (a) True (b) False
25. 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
26. 26.🛒 Need or want: soap? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) a bigger TV (d) a fancy phone cover
28. 28.Which of these is a need? (a) a bigger TV (b) a video game (c) a party dress (d) medicine when ill
29. 29.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) designer sunglasses (d) notebooks for school
30. 30.🛒 Need or want: a roof over your head? (a) a need (b) a want
31. 31.True or false: “a third pair of shoes” is a need. (a) False (b) True
32. 32.True or false: “medicine when ill” is a need. (a) False (b) True
33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
34. 34.🛒 Need or want: drinking water? (a) a need (b) a want
35. 35.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
36. 36.Which of these is a need? (a) a video game (b) a school uniform (c) sweets every day (d) designer sunglasses
37. 37.🎯 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
38. 38.True or false: “designer sunglasses” is a need. (a) False (b) True
39. 39.True or false: “medicine when ill” is a want. (a) False (b) True
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters

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