Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 454 · 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 tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
2. 2.🛒 Need or want: notebooks for school? (a) a want (b) a need
3. 3.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
4. 4.True or false: “rice and dal” is a need. (a) True (b) False
5. 5.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
6. 6.True or false: “a school uniform” is a need. (a) True (b) False
7. 7.🛒 Need or want: soap? (a) a want (b) a need
8. 8.True or false: “sweets every day” is a need. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) school shoes (b) a video game (c) a warm blanket (d) rice and dal
10. 10.🛒 Need or want: drinking water? (a) a need (b) a want
11. 11.🛒 Need or want: school shoes? (a) a want (b) a need
12. 12.Which of these is a need? (a) a third pair of shoes (b) a roof over your head (c) sweets every day (d) a fancy phone cover
13. 13.True or false: “a warm blanket” is a need. (a) False (b) True
14. 14.True or false: “a video game” is a want. (a) False (b) True
15. 15.True or false: “a third pair of shoes” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) a party dress (b) a sticker album (c) designer sunglasses (d) medicine when ill
17. 17.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) designer sunglasses (d) a bigger TV
18. 18.True or false: “medicine when ill” is a want. (a) False (b) True
19. 19.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
20. 20.Which of these is a need? (a) a party dress (b) a school uniform (c) sweets every day (d) a toy robot
21. 21.True or false: “a school uniform” is a want. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) sweets every day (d) soap
23. 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) school shoes (d) a fancy phone cover
24. 24.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) bus fare to school (d) a sticker album
25. 25.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
26. 26.🛒 Need or want: a video game? (a) a want (b) a need
27. 27.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) drinking water (d) a party dress
28. 28.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a roof over your head (d) a party dress
29. 29.🛒 Need or want: designer sunglasses? (a) a want (b) a need
30. 30.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
31. 31.True or false: “school shoes” is a need. (a) True (b) False
32. 32.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) school shoes (d) a sticker album
33. 33.True or false: “sweets every day” is a want. (a) False (b) True
34. 34.True or false: “school shoes” is a want. (a) True (b) False
35. 35.True or false: “designer sunglasses” is a need. (a) True (b) False
36. 36.Which of these is a need? (a) a toy robot (b) sweets every day (c) a sticker album (d) a warm blanket
37. 37.Which of these is a want? (a) a toy robot (b) a warm blanket (c) soap (d) drinking water
38. 38.🛒 Need or want: a sticker album? (a) a need (b) a want
39. 39.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
40. 40.Which of these is a want? (a) soap (b) school shoes (c) designer sunglasses (d) a roof over your head

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