Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 464 · 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 party dress (b) bus fare to school (c) a video game (d) a fancy phone cover
2. 2.Which of these is a need? (a) rice and dal (b) a toy robot (c) a fancy phone cover (d) sweets every day
3. 3.True or false: “a glitter pen set” is a need. (a) True (b) False
4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
5. 5.Which of these is a want? (a) soap (b) rice and dal (c) a sticker album (d) bus fare to school
6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
7. 7.True or false: “a school uniform” is a want. (a) True (b) False
8. 8.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a party dress (d) school shoes
12. 12.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
14. 14.🛒 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
15. 15.Which of these is a need? (a) a video game (b) a roof over your head (c) a toy robot (d) sweets every day
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) notebooks for school (d) a warm blanket
17. 17.True or false: “rice and dal” is a want. (a) True (b) False
18. 18.🎯 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
19. 19.True or false: “a sticker album” is a need. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a video game (d) a roof over your head
21. 21.🛒 Need or want: notebooks for school? (a) a need (b) a want
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a party dress (d) notebooks for school
24. 24.🛒 Need or want: soap? (a) a want (b) a need
25. 25.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a bigger TV (d) medicine when ill
26. 26.🛒 Need or want: school shoes? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) rice and dal (d) designer sunglasses
28. 28.True or false: “soap” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) a glitter pen set (d) notebooks for school
30. 30.True or false: “a sticker album” is a want. (a) True (b) False
31. 31.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
32. 32.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) sweets every day (d) drinking water
33. 33.🛒 Need or want: sweets every day? (a) a want (b) a need
34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
35. 35.Which of these is a need? (a) a video game (b) a party dress (c) notebooks for school (d) a fancy phone cover
36. 36.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a toy robot (d) soap
37. 37.True or false: “bus fare to school” is a need. (a) False (b) True
38. 38.True or false: “a toy robot” is a need. (a) False (b) True
39. 39.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a warm blanket (d) notebooks for school
40. 40.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) soap (d) a roof over your head

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