Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 525 · 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 want? (a) soap (b) sweets every day (c) a warm blanket (d) drinking water
2. 2.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
3. 3.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) sweets every day (d) bus fare to school
4. 4.🛒 Need or want: sweets every day? (a) a want (b) a need
5. 5.True or false: “a roof over your head” is a want. (a) True (b) False
6. 6.🛒 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
7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) a third pair of shoes (d) a warm blanket
8. 8.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) rice and dal (d) school shoes
9. 9.🎯 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
10. 10.True or false: “a party dress” is a need. (a) True (b) False
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
12. 12.True or false: “bus fare to school” is a want. (a) False (b) True
13. 13.True or false: “medicine when ill” is a want. (a) False (b) True
14. 14.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a bigger TV (d) notebooks for school
15. 15.True or false: “drinking water” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) a school uniform (b) sweets every day (c) a sticker album (d) a toy robot
17. 17.🛒 Need or want: bus fare to school? (a) a want (b) a need
18. 18.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a warm blanket (d) a fancy phone cover
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a warm blanket (d) school shoes
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a video game (d) a school uniform
21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) school shoes (d) a toy robot
22. 22.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a fancy phone cover (d) bus fare to school
23. 23.🔍 Which is the odd one out? (a) school shoes (b) a bigger TV (c) a roof over your head (d) medicine when ill
24. 24.True or false: “sweets every day” is a want. (a) False (b) True
25. 25.Which of these is a want? (a) a school uniform (b) school shoes (c) bus fare to school (d) a third pair of shoes
26. 26.Which of these is a need? (a) a sticker album (b) a bigger TV (c) a toy robot (d) school shoes
27. 27.Which of these is a need? (a) a toy robot (b) soap (c) a glitter pen set (d) sweets every day
28. 28.🛒 Need or want: designer sunglasses? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) a fancy phone cover (d) sweets every day
30. 30.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) rice and dal (d) a video game
31. 31.True or false: “bus fare to school” is a need. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a toy robot (d) rice and dal
33. 33.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a warm blanket (d) soap
34. 34.🛒 Need or want: school shoes? (a) a need (b) a want
35. 35.Which of these is a want? (a) soap (b) notebooks for school (c) rice and dal (d) a fancy phone cover
36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
37. 37.🛒 Need or want: a sticker album? (a) a want (b) a need
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
39. 39.True or false: “a third pair of shoes” is a need. (a) False (b) True
40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

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