Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 433 · 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 need? (a) designer sunglasses (b) medicine when ill (c) a video game (d) a bigger TV
2. 2.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
3. 3.Which of these is a need? (a) sweets every day (b) rice and dal (c) a party dress (d) designer sunglasses
4. 4.🛒 Need or want: a toy robot? (a) a need (b) a want
5. 5.True or false: “a glitter pen set” is a need. (a) False (b) True
6. 6.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
7. 7.True or false: “designer sunglasses” is a want. (a) False (b) True
8. 8.True or false: “a video game” is a need. (a) True (b) False
9. 9.Which of these is a want? (a) a roof over your head (b) a third pair of shoes (c) rice and dal (d) a warm blanket
10. 10.Which of these is a need? (a) a toy robot (b) drinking water (c) designer sunglasses (d) a sticker album
11. 11.True or false: “a school uniform” is a want. (a) True (b) False
12. 12.True or false: “a party dress” is a want. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a fancy phone cover (d) bus fare to school
14. 14.True or false: “a fancy phone cover” is a want. (a) True (b) False
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
16. 16.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
18. 18.🛒 Need or want: drinking water? (a) a want (b) a need
19. 19.🛒 Need or want: a sticker album? (a) a want (b) a need
20. 20.Which of these is a need? (a) a video game (b) a toy robot (c) a party dress (d) a school uniform
21. 21.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) a warm blanket (d) notebooks for school
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
23. 23.🛒 Need or want: rice and dal? (a) a need (b) a want
24. 24.🛒 Need or want: medicine when ill? (a) a need (b) a want
25. 25.True or false: “soap” is a want. (a) False (b) True
26. 26.Which of these is a need? (a) a warm blanket (b) a video game (c) a party dress (d) a fancy phone cover
27. 27.True or false: “school shoes” is a want. (a) True (b) False
28. 28.True or false: “a roof over your head” is a need. (a) False (b) True
29. 29.🛒 Need or want: notebooks for school? (a) a want (b) a need
30. 30.True or false: “a bigger TV” is a want. (a) True (b) False
31. 31.🛒 Need or want: a party dress? (a) a need (b) a want
32. 32.True or false: “a party dress” is a need. (a) False (b) True
33. 33.True or false: “drinking water” is a need. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a sticker album (d) a bigger TV
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) bus fare to school (d) soap
36. 36.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a bigger TV (d) medicine when ill
37. 37.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) designer sunglasses (d) sweets every day
38. 38.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) a sticker album (d) sweets every day
39. 39.Which of these is a need? (a) soap (b) sweets every day (c) a third pair of shoes (d) a fancy phone cover
40. 40.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it

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