Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 632 · 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 tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
2. 2.True or false: “designer sunglasses” is a want. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) notebooks for school (d) a toy robot
4. 4.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) bus fare to school (d) a video game
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
6. 6.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
7. 7.True or false: “soap” is a want. (a) False (b) True
8. 8.True or false: “a fancy phone cover” is a want. (a) True (b) False
9. 9.True or false: “school shoes” is a want. (a) True (b) False
10. 10.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
11. 11.🛒 Need or want: a bigger TV? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) notebooks for school (d) a glitter pen set
13. 13.Which of these is a need? (a) a toy robot (b) a bigger TV (c) drinking water (d) a fancy phone cover
14. 14.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
15. 15.Which of these is a want? (a) a fancy phone cover (b) soap (c) school shoes (d) a school uniform
16. 16.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) rice and dal (d) bus fare to school
17. 17.True or false: “medicine when ill” is a need. (a) False (b) True
18. 18.True or false: “sweets every day” is a need. (a) False (b) True
19. 19.Which of these is a need? (a) a toy robot (b) a party dress (c) a roof over your head (d) a video game
20. 20.🛒 Need or want: a sticker album? (a) a need (b) a want
21. 21.Which of these is a need? (a) notebooks for school (b) a sticker album (c) a bigger TV (d) a fancy phone cover
22. 22.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) designer sunglasses (d) school shoes
23. 23.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) drinking water (d) designer sunglasses
24. 24.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a party dress (d) sweets every day
25. 25.🛒 Need or want: bus fare to school? (a) a want (b) a need
26. 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
27. 27.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) a roof over your head (d) rice and dal
28. 28.🛒 Need or want: a party dress? (a) a need (b) a want
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
30. 30.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
31. 31.True or false: “bus fare to school” is a want. (a) False (b) True
32. 32.True or false: “a school uniform” is a need. (a) False (b) True
33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) a video game (d) a school uniform
35. 35.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) sweets every day (d) school shoes
36. 36.🛒 Need or want: school shoes? (a) a want (b) a need
37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
38. 38.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a third pair of shoes (d) soap
39. 39.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) a roof over your head (d) bus fare to school
40. 40.🛒 Need or want: a video game? (a) a want (b) a need

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