Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 449 · 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) a sticker album (b) a fancy phone cover (c) a glitter pen set (d) medicine when ill
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
3. 3.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) a fancy phone cover (d) bus fare to school
4. 4.True or false: “a glitter pen set” is a need. (a) False (b) True
5. 5.True or false: “bus fare to school” is a need. (a) True (b) False
6. 6.🛒 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
7. 7.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
8. 8.True or false: “a video game” is a want. (a) True (b) False
9. 9.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
10. 10.Which of these is a want? (a) soap (b) drinking water (c) medicine when ill (d) a bigger TV
11. 11.True or false: “a sticker album” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) school shoes (d) a roof over your head
13. 13.Which of these is a want? (a) a toy robot (b) drinking water (c) a warm blanket (d) soap
14. 14.🛒 Need or want: a toy robot? (a) a need (b) a want
15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a roof over your head (d) a glitter pen set
16. 16.🔍 Which is the odd one out? (a) a school uniform (b) a party dress (c) a fancy phone cover (d) designer sunglasses
17. 17.🛒 Need or want: drinking water? (a) a want (b) a need
18. 18.True or false: “soap” is a want. (a) False (b) True
19. 19.🛒 Need or want: medicine when ill? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) soap (d) designer sunglasses
21. 21.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
22. 22.Which of these is a need? (a) notebooks for school (b) a sticker album (c) sweets every day (d) a party dress
23. 23.Which of these is a need? (a) a party dress (b) a sticker album (c) rice and dal (d) a bigger TV
24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) drinking water (d) designer sunglasses
25. 25.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) school shoes (d) bus fare to school
26. 26.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a bigger TV (d) a video game
27. 27.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) school shoes (d) a glitter pen set
28. 28.Which of these is a need? (a) a school uniform (b) a third pair of shoes (c) a fancy phone cover (d) designer sunglasses
29. 29.True or false: “soap” is a need. (a) True (b) False
30. 30.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) sweets every day (d) a third pair of shoes
31. 31.Which of these is a want? (a) sweets every day (b) drinking water (c) medicine when ill (d) a school uniform
32. 32.🛒 Need or want: a glitter pen set? (a) a need (b) a want
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
34. 34.True or false: “a bigger TV” is a want. (a) False (b) True
35. 35.Which of these is a want? (a) school shoes (b) a third pair of shoes (c) rice and dal (d) notebooks for school
36. 36.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) medicine when ill (d) school shoes
37. 37.True or false: “a school uniform” is a need. (a) False (b) True
38. 38.True or false: “a school uniform” is a want. (a) True (b) False
39. 39.True or false: “rice and dal” is a want. (a) True (b) False
40. 40.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic

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