Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 650 · 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 family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
2. 2.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a toy robot (d) rice and dal
3. 3.True or false: “a warm blanket” is a need. (a) True (b) False
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
5. 5.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) school shoes (d) a fancy phone cover
6. 6.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
7. 7.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
8. 8.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
9. 9.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) medicine when ill (d) a third pair of shoes
10. 10.Which of these is a want? (a) a party dress (b) drinking water (c) school shoes (d) a warm blanket
11. 11.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
12. 12.True or false: “a party dress” is a need. (a) True (b) False
13. 13.True or false: “a roof over your head” is a need. (a) True (b) False
14. 14.🛒 Need or want: a roof over your head? (a) a need (b) a want
15. 15.🛒 Need or want: rice and dal? (a) a want (b) a need
16. 16.🛒 Need or want: a glitter pen set? (a) a need (b) a want
17. 17.🛒 Need or want: school shoes? (a) a need (b) a want
18. 18.🛒 Need or want: medicine when ill? (a) a want (b) a need
19. 19.Which of these is a want? (a) notebooks for school (b) a bigger TV (c) bus fare to school (d) a roof over your head
20. 20.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a toy robot (d) soap
21. 21.True or false: “rice and dal” is a need. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) medicine when ill (d) a third pair of shoes
23. 23.🛒 Need or want: a toy robot? (a) a want (b) a need
24. 24.True or false: “soap” is a want. (a) False (b) True
25. 25.Which of these is a need? (a) a third pair of shoes (b) notebooks for school (c) a video game (d) a party dress
26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
27. 27.True or false: “a bigger TV” is a want. (a) True (b) False
28. 28.🛒 Need or want: bus fare to school? (a) a need (b) a want
29. 29.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
30. 30.🛒 Need or want: a school uniform? (a) a need (b) a want
31. 31.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) a warm blanket (d) medicine when ill
32. 32.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) rice and dal (d) bus fare to school
33. 33.🛒 Need or want: a party dress? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a sticker album (d) school shoes
35. 35.True or false: “a fancy phone cover” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) a warm blanket (b) drinking water (c) a fancy phone cover (d) a school uniform
37. 37.True or false: “medicine when ill” is a need. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) a video game (d) a sticker album
39. 39.🛒 Need or want: sweets every day? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) a sticker album (d) a fancy phone cover

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