Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 509 · 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.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
2. 2.Which of these is a want? (a) a roof over your head (b) a toy robot (c) rice and dal (d) a warm blanket
3. 3.🛒 Need or want: designer sunglasses? (a) a need (b) a want
4. 4.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a toy robot (d) medicine when ill
5. 5.Which of these is a want? (a) a roof over your head (b) a school uniform (c) designer sunglasses (d) bus fare to school
6. 6.Which of these is a need? (a) designer sunglasses (b) a party dress (c) school shoes (d) a bigger TV
7. 7.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
8. 8.True or false: “a glitter pen set” is a need. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) bus fare to school (d) a sticker album
10. 10.🛒 Need or want: a toy robot? (a) a need (b) a want
11. 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
12. 12.🛒 Need or want: bus fare to school? (a) a want (b) a need
13. 13.Which of these is a want? (a) a warm blanket (b) soap (c) drinking water (d) a bigger TV
14. 14.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
15. 15.🛒 Need or want: a roof over your head? (a) a want (b) a need
16. 16.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
18. 18.True or false: “a toy robot” is a want. (a) False (b) True
19. 19.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a school uniform (d) a sticker album
20. 20.True or false: “school shoes” is a want. (a) True (b) False
21. 21.True or false: “drinking water” is a want. (a) False (b) True
22. 22.True or false: “sweets every day” is a want. (a) False (b) True
23. 23.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a glitter pen set (d) notebooks for school
24. 24.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a roof over your head (d) a fancy phone cover
25. 25.🛒 Need or want: a glitter pen set? (a) a want (b) a need
26. 26.True or false: “rice and dal” is a want. (a) False (b) True
27. 27.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a fancy phone cover (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) rice and dal (d) a sticker album
29. 29.True or false: “medicine when ill” is a want. (a) False (b) True
30. 30.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a glitter pen set (d) medicine when ill
31. 31.Which of these is a want? (a) soap (b) a video game (c) a warm blanket (d) rice and dal
32. 32.True or false: “a fancy phone cover” is a want. (a) True (b) False
33. 33.🛒 Need or want: a party dress? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) a warm blanket (d) a bigger TV
35. 35.🛒 Need or want: a school uniform? (a) a want (b) a need
36. 36.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
37. 37.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
38. 38.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a bigger TV (d) medicine when ill
39. 39.Which of these is a want? (a) a roof over your head (b) a school uniform (c) a third pair of shoes (d) bus fare to school
40. 40.True or false: “bus fare to school” is a want. (a) False (b) True

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