Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 53 · 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.True or false: “a glitter pen set” is a need. (a) True (b) False
2. 2.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
3. 3.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
4. 4.True or false: “school shoes” is a need. (a) True (b) False
5. 5.🛒 Need or want: drinking water? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a glitter pen set (b) soap (c) a toy robot (d) a party dress
7. 7.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) bus fare to school (d) a toy robot
8. 8.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) a warm blanket (d) a roof over your head
9. 9.True or false: “soap” is a want. (a) False (b) True
10. 10.Which of these is a want? (a) sweets every day (b) bus fare to school (c) school shoes (d) rice and dal
11. 11.🛒 Need or want: rice and dal? (a) a need (b) a want
12. 12.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
13. 13.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
14. 14.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) school shoes (d) a fancy phone cover
15. 15.Which of these is a need? (a) a party dress (b) a sticker album (c) a video game (d) soap
16. 16.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a fancy phone cover (d) designer sunglasses
17. 17.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
18. 18.🛒 Need or want: a party dress? (a) a need (b) a want
19. 19.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a sticker album (d) designer sunglasses
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a roof over your head (d) school shoes
21. 21.🛒 Need or want: soap? (a) a need (b) a want
22. 22.True or false: “a roof over your head” is a want. (a) True (b) False
23. 23.🛒 Need or want: a bigger TV? (a) a need (b) a want
24. 24.Which of these is a need? (a) drinking water (b) a bigger TV (c) a party dress (d) designer sunglasses
25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
26. 26.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
27. 27.True or false: “soap” is a need. (a) True (b) False
28. 28.🛒 Need or want: a roof over your head? (a) a want (b) a need
29. 29.🎯 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
30. 30.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a fancy phone cover (d) a third pair of shoes
31. 31.🛒 Need or want: a school uniform? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a warm blanket (d) school shoes
33. 33.True or false: “a fancy phone cover” is a want. (a) True (b) False
34. 34.True or false: “a sticker album” is a want. (a) False (b) True
35. 35.True or false: “a bigger TV” is a need. (a) True (b) False
36. 36.Which of these is a need? (a) rice and dal (b) a bigger TV (c) a sticker album (d) a party dress
37. 37.🛒 Need or want: a toy robot? (a) a want (b) a need
38. 38.Which of these is a want? (a) a school uniform (b) school shoes (c) a bigger TV (d) notebooks for school
39. 39.True or false: “medicine when ill” is a want. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) school shoes (d) designer sunglasses

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