Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 623 · 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.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
2. 2.True or false: “notebooks for school” is a want. (a) False (b) True
3. 3.🛒 Need or want: school shoes? (a) a want (b) a need
4. 4.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
5. 5.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
6. 6.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) rice and dal (d) a glitter pen set
7. 7.🛒 Need or want: a party dress? (a) a want (b) a need
8. 8.Which of these is a want? (a) soap (b) bus fare to school (c) a party dress (d) rice and dal
9. 9.🛒 Need or want: a glitter pen set? (a) a need (b) a want
10. 10.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a toy robot (d) a party dress
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
12. 12.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) school shoes (d) medicine when ill
13. 13.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) a toy robot (d) sweets every day
14. 14.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a roof over your head (d) a glitter pen set
15. 15.Which of these is a want? (a) school shoes (b) a roof over your head (c) a video game (d) a school uniform
16. 16.True or false: “rice and dal” is a need. (a) False (b) True
17. 17.Which of these is a need? (a) medicine when ill (b) a video game (c) a sticker album (d) sweets every day
18. 18.Which of these is a need? (a) a video game (b) a third pair of shoes (c) bus fare to school (d) a sticker album
19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
20. 20.🔍 Which is the odd one out? (a) a sticker album (b) notebooks for school (c) bus fare to school (d) a school uniform
21. 21.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
22. 22.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a party dress (d) a video game
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a sticker album (d) a party dress
24. 24.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a bigger TV (d) a school uniform
25. 25.True or false: “a bigger TV” is a want. (a) False (b) True
26. 26.Which of these is a want? (a) drinking water (b) a warm blanket (c) soap (d) sweets every day
27. 27.🛒 Need or want: a bigger TV? (a) a need (b) a want
28. 28.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) drinking water (d) rice and dal
29. 29.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
30. 30.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a school uniform (d) a party dress
31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
32. 32.🛒 Need or want: a sticker album? (a) a need (b) a want
33. 33.True or false: “a video game” is a need. (a) False (b) True
34. 34.🛒 Need or want: drinking water? (a) a need (b) a want
35. 35.True or false: “soap” is a want. (a) True (b) False
36. 36.🛒 Need or want: notebooks for school? (a) a want (b) a need
37. 37.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a sticker album (d) a warm blanket
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a school uniform (d) designer sunglasses

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