Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 538 · 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 breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
2. 2.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
3. 3.🛒 Need or want: sweets every day? (a) a need (b) a want
4. 4.🛒 Need or want: medicine when ill? (a) a need (b) a want
5. 5.Which of these is a want? (a) rice and dal (b) soap (c) a bigger TV (d) a warm blanket
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a video game (d) medicine when ill
7. 7.🔍 Which is the odd one out? (a) a glitter pen set (b) bus fare to school (c) a bigger TV (d) a sticker album
8. 8.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
9. 9.True or false: “medicine when ill” is a need. (a) False (b) True
10. 10.True or false: “a roof over your head” is a want. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) designer sunglasses (d) a bigger TV
12. 12.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
13. 13.True or false: “soap” is a want. (a) True (b) False
14. 14.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) designer sunglasses (d) a sticker album
15. 15.Which of these is a want? (a) medicine when ill (b) soap (c) a roof over your head (d) a party dress
16. 16.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a roof over your head (d) a toy robot
17. 17.🛒 Need or want: a bigger TV? (a) a need (b) a want
18. 18.🛒 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
19. 19.Which of these is a want? (a) a sticker album (b) drinking water (c) a roof over your head (d) bus fare to school
20. 20.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) drinking water (d) medicine when ill
21. 21.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a school uniform (d) a glitter pen set
22. 22.🛒 Need or want: a video game? (a) a want (b) a need
23. 23.🛒 Need or want: a roof over your head? (a) a need (b) a want
24. 24.🛒 Need or want: a warm blanket? (a) a need (b) a want
25. 25.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) medicine when ill (d) a toy robot
26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
27. 27.🛒 Need or want: rice and dal? (a) a need (b) a want
28. 28.True or false: “a party dress” is a need. (a) True (b) False
29. 29.Which of these is a need? (a) drinking water (b) a third pair of shoes (c) a sticker album (d) a glitter pen set
30. 30.True or false: “sweets every day” is a need. (a) True (b) False
31. 31.True or false: “a sticker album” is a want. (a) False (b) True
32. 32.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a glitter pen set (d) a party dress
33. 33.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) a toy robot (d) school shoes
34. 34.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
35. 35.True or false: “rice and dal” is a want. (a) False (b) True
36. 36.True or false: “notebooks for school” is a need. (a) False (b) True
37. 37.Which of these is a want? (a) school shoes (b) a video game (c) drinking water (d) a roof over your head
38. 38.🛒 Need or want: school shoes? (a) a need (b) a want
39. 39.🛒 Need or want: a party dress? (a) a want (b) a need
40. 40.Which of these is a need? (a) a fancy phone cover (b) notebooks for school (c) a toy robot (d) designer sunglasses

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