Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 477 · 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 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
2. 2.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
3. 3.True or false: “medicine when ill” is a need. (a) True (b) False
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
6. 6.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
7. 7.🔍 Which is the odd one out? (a) bus fare to school (b) a glitter pen set (c) sweets every day (d) a toy robot
8. 8.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) notebooks for school (d) rice and dal
9. 9.True or false: “a toy robot” is a want. (a) True (b) False
10. 10.True or false: “a party dress” is a need. (a) True (b) False
11. 11.🛒 Need or want: soap? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) school shoes (d) a party dress
13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) school shoes (d) a roof over your head
14. 14.True or false: “a sticker album” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) notebooks for school (d) designer sunglasses
16. 16.True or false: “a warm blanket” is a need. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) rice and dal (d) a bigger TV
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
19. 19.True or false: “soap” is a want. (a) False (b) True
20. 20.Which of these is a need? (a) a video game (b) a bigger TV (c) a toy robot (d) bus fare to school
21. 21.🛒 Need or want: a party dress? (a) a want (b) a need
22. 22.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a glitter pen set (d) a warm blanket
23. 23.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
24. 24.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) a warm blanket (d) notebooks for school
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.True or false: “school shoes” is a want. (a) True (b) False
27. 27.True or false: “drinking water” is a need. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a school uniform (d) a party dress
29. 29.Which of these is a want? (a) notebooks for school (b) a school uniform (c) bus fare to school (d) a glitter pen set
30. 30.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) medicine when ill (d) a fancy phone cover
31. 31.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) bus fare to school (d) a school uniform
32. 32.🔍 Which is the odd one out? (a) soap (b) drinking water (c) school shoes (d) a third pair of shoes
33. 33.🛒 Need or want: a warm blanket? (a) a want (b) a need
34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
35. 35.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
36. 36.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) a fancy phone cover (d) designer sunglasses
37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
38. 38.Which of these is a want? (a) soap (b) a bigger TV (c) drinking water (d) a warm blanket
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
40. 40.True or false: “a roof over your head” is a need. (a) True (b) False

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