Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 641 · 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 want: toys (c) nothing at all (d) a need: food
2. 2.True or false: “a video game” is a need. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) sweets every day (d) bus fare to school
4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) sweets every day (d) a glitter pen set
5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) sweets every day (d) a glitter pen set
6. 6.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) sweets every day (d) drinking water
7. 7.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) designer sunglasses (d) a video game
8. 8.True or false: “designer sunglasses” is a want. (a) True (b) False
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
10. 10.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) rice and dal (d) a video game
11. 11.🛒 Need or want: a warm blanket? (a) a want (b) a need
12. 12.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) rice and dal (d) designer sunglasses
14. 14.True or false: “soap” is a need. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) a roof over your head (d) a bigger TV
16. 16.🛒 Need or want: bus fare to school? (a) a need (b) a want
17. 17.True or false: “medicine when ill” is a want. (a) False (b) True
18. 18.Which of these is a need? (a) a sticker album (b) bus fare to school (c) designer sunglasses (d) a glitter pen set
19. 19.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a video game (d) a warm blanket
20. 20.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) medicine when ill (d) a school uniform
21. 21.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) medicine when ill (c) a sticker album (d) a video game
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a roof over your head (d) drinking water
24. 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
25. 25.Which of these is a need? (a) a party dress (b) a toy robot (c) rice and dal (d) a fancy phone cover
26. 26.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
27. 27.Which of these is a want? (a) a school uniform (b) drinking water (c) school shoes (d) a toy robot
28. 28.🛒 Need or want: a sticker album? (a) a need (b) a want
29. 29.True or false: “a party dress” is a want. (a) False (b) True
30. 30.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
31. 31.🛒 Need or want: designer sunglasses? (a) a need (b) a want
32. 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
33. 33.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) a third pair of shoes (d) notebooks for school
34. 34.True or false: “a sticker album” is a need. (a) False (b) True
35. 35.🛒 Need or want: a bigger TV? (a) a want (b) a need
36. 36.Which of these is a want? (a) bus fare to school (b) school shoes (c) designer sunglasses (d) a roof over your head
37. 37.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
38. 38.🛒 Need or want: a school uniform? (a) a want (b) a need
39. 39.Which of these is a want? (a) a video game (b) drinking water (c) school shoes (d) a warm blanket
40. 40.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) sweets every day (d) a bigger TV

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