Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 408 · 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.True or false: “sweets every day” is a want. (a) True (b) False
2. 2.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
3. 3.True or false: “medicine when ill” is a want. (a) False (b) True
4. 4.🛒 Need or want: medicine when ill? (a) a want (b) a need
5. 5.True or false: “a school uniform” is a need. (a) False (b) True
6. 6.🛍️ 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
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
8. 8.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) medicine when ill (d) sweets every day
9. 9.🛒 Need or want: soap? (a) a need (b) a want
10. 10.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
11. 11.🛒 Need or want: a video game? (a) a want (b) a need
12. 12.True or false: “a fancy phone cover” is a want. (a) False (b) True
13. 13.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a party dress (d) a school uniform
14. 14.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) a sticker album (d) a bigger TV
15. 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
16. 16.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a school uniform (d) sweets every day
17. 17.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
18. 18.🛒 Need or want: a bigger TV? (a) a need (b) a want
19. 19.🛒 Need or want: a toy robot? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) bus fare to school (d) notebooks for school
21. 21.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) rice and dal (d) sweets every day
22. 22.🛒 Need or want: school shoes? (a) a need (b) a want
23. 23.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
24. 24.🛒 Need or want: designer sunglasses? (a) a want (b) a need
25. 25.🛒 Need or want: bus fare to school? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a video game (d) medicine when ill
27. 27.Which of these is a want? (a) a bigger TV (b) drinking water (c) a warm blanket (d) medicine when ill
28. 28.Which of these is a want? (a) drinking water (b) a warm blanket (c) a toy robot (d) rice and dal
29. 29.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) school shoes (d) a video game
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) soap (d) drinking water
31. 31.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) a school uniform
32. 32.Which of these is a need? (a) a video game (b) a glitter pen set (c) notebooks for school (d) a fancy phone cover
33. 33.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) bus fare to school (d) designer sunglasses
34. 34.Which of these is a want? (a) a third pair of shoes (b) medicine when ill (c) drinking water (d) rice and dal
35. 35.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) rice and dal (d) a third pair of shoes
36. 36.🛒 Need or want: a warm blanket? (a) a need (b) a want
37. 37.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a glitter pen set (d) a roof over your head
39. 39.🛒 Need or want: drinking water? (a) a want (b) a need
40. 40.🔍 Which is the odd one out? (a) a sticker album (b) medicine when ill (c) designer sunglasses (d) sweets every day

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