Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 451 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
2. 2.🛒 Need or want: a party dress? (a) a need (b) a want
3. 3.🛒 Need or want: soap? (a) a want (b) a need
4. 4.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
5. 5.Which of these is a want? (a) rice and dal (b) medicine when ill (c) a video game (d) a roof over your head
6. 6.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a fancy phone cover (d) a school uniform
7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
8. 8.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a glitter pen set (d) school shoes
9. 9.Which of these is a need? (a) a party dress (b) a glitter pen set (c) a fancy phone cover (d) medicine when ill
10. 10.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a third pair of shoes (d) school shoes
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) notebooks for school (d) designer sunglasses
12. 12.🛒 Need or want: a toy robot? (a) a need (b) a want
13. 13.True or false: “notebooks for school” is a want. (a) True (b) False
14. 14.True or false: “a school uniform” is a need. (a) False (b) True
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
16. 16.🛒 Need or want: a roof over your head? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a bigger TV (d) a roof over your head
18. 18.True or false: “medicine when ill” is a want. (a) True (b) False
19. 19.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
20. 20.True or false: “a third pair of shoes” is a need. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a fancy phone cover (d) rice and dal
22. 22.🛒 Need or want: notebooks for school? (a) a want (b) a need
23. 23.🛒 Need or want: a bigger TV? (a) a need (b) a want
24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) sweets every day (d) a toy robot
25. 25.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
26. 26.Which of these is a need? (a) a party dress (b) a sticker album (c) designer sunglasses (d) a roof over your head
27. 27.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a party dress (d) a bigger TV
28. 28.True or false: “a glitter pen set” is a want. (a) False (b) True
29. 29.🛒 Need or want: school shoes? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) school shoes (d) a warm blanket
31. 31.True or false: “sweets every day” is a want. (a) True (b) False
32. 32.True or false: “soap” is a need. (a) False (b) True
33. 33.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) a warm blanket (d) a roof over your head
34. 34.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a school uniform (d) a video game
35. 35.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a fancy phone cover (d) a video game
36. 36.True or false: “a bigger TV” is a want. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) bus fare to school (d) sweets every day
38. 38.🛒 Need or want: a glitter pen set? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) notebooks for school (d) a warm blanket
40. 40.Which of these is a want? (a) sweets every day (b) bus fare to school (c) notebooks for school (d) drinking water

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