Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 463 · 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.🛒 Need or want: rice and dal? (a) a want (b) a need
2. 2.🛒 Need or want: sweets every day? (a) a need (b) a want
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
4. 4.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) drinking water (d) a sticker album
5. 5.🛒 Need or want: soap? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) medicine when ill (d) a video game
7. 7.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) notebooks for school (d) a sticker album
8. 8.True or false: “rice and dal” is a need. (a) False (b) True
9. 9.Which of these is a need? (a) a party dress (b) a roof over your head (c) a bigger TV (d) a third pair of shoes
10. 10.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) bus fare to school (d) a bigger TV
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.Which of these is a want? (a) designer sunglasses (b) drinking water (c) soap (d) a roof over your head
13. 13.🛒 Need or want: a sticker album? (a) a need (b) a want
14. 14.🛒 Need or want: a roof over your head? (a) a want (b) a need
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
17. 17.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) school shoes (d) a sticker album
18. 18.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
19. 19.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) school shoes (d) sweets every day
20. 20.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a video game (d) a fancy phone cover
21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) a third pair of shoes (d) a video game
22. 22.Which of these is a want? (a) a toy robot (b) rice and dal (c) drinking water (d) soap
23. 23.True or false: “a third pair of shoes” is a need. (a) True (b) False
24. 24.🛒 Need or want: a video game? (a) a want (b) a need
25. 25.True or false: “a warm blanket” is a need. (a) True (b) False
26. 26.True or false: “rice and dal” is a want. (a) True (b) False
27. 27.True or false: “sweets every day” is a want. (a) False (b) True
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) a video game (d) a warm blanket
29. 29.Which of these is a want? (a) a warm blanket (b) a bigger TV (c) school shoes (d) soap
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) rice and dal (d) designer sunglasses
31. 31.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) a sticker album (d) a warm blanket
32. 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
33. 33.True or false: “drinking water” is a want. (a) False (b) True
34. 34.Which of these is a want? (a) medicine when ill (b) drinking water (c) sweets every day (d) a warm blanket
35. 35.🛒 Need or want: notebooks for school? (a) a want (b) a need
36. 36.🛒 Need or want: bus fare to school? (a) a want (b) a need
37. 37.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) a toy robot (d) designer sunglasses
38. 38.True or false: “a party dress” is a want. (a) True (b) False
39. 39.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
40. 40.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food

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