Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 43 · 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 want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
2. 2.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
3. 3.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) a third pair of shoes (d) drinking water
4. 4.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
5. 5.🛒 Need or want: a roof over your head? (a) a want (b) a need
6. 6.Which of these is a want? (a) a toy robot (b) soap (c) a school uniform (d) rice and dal
7. 7.Which of these is a need? (a) a third pair of shoes (b) notebooks for school (c) a toy robot (d) sweets every day
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
9. 9.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) soap (d) a bigger TV
10. 10.🛒 Need or want: medicine when ill? (a) a want (b) a need
11. 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
12. 12.🛒 Need or want: sweets every day? (a) a need (b) a want
13. 13.True or false: “bus fare to school” is a want. (a) False (b) True
14. 14.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) a third pair of shoes (d) drinking water
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
16. 16.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a third pair of shoes (d) a video game
17. 17.True or false: “a warm blanket” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) school shoes (d) medicine when ill
19. 19.True or false: “a third pair of shoes” is a need. (a) True (b) False
20. 20.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) medicine when ill (c) rice and dal (d) a school uniform
23. 23.🛒 Need or want: a school uniform? (a) a need (b) a want
24. 24.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a toy robot (d) sweets every day
25. 25.True or false: “a fancy phone cover” is a want. (a) False (b) True
26. 26.Which of these is a need? (a) a video game (b) a toy robot (c) a school uniform (d) a glitter pen set
27. 27.Which of these is a want? (a) school shoes (b) rice and dal (c) a video game (d) notebooks for school
28. 28.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) medicine when ill (d) a third pair of shoes
30. 30.True or false: “notebooks for school” is a want. (a) True (b) False
31. 31.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a party dress (d) drinking water
32. 32.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) rice and dal (d) a glitter pen set
33. 33.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a video game (d) a warm blanket
34. 34.Which of these is a want? (a) school shoes (b) rice and dal (c) a school uniform (d) a party dress
35. 35.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) rice and dal (d) a glitter pen set
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) school shoes (c) a party dress (d) a warm blanket
37. 37.Which of these is a need? (a) a video game (b) school shoes (c) a bigger TV (d) a toy robot
38. 38.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) school shoes (d) soap
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) school shoes (d) soap
40. 40.True or false: “a warm blanket” is a want. (a) True (b) False

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