Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 671 · 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.Which of these is a need? (a) a video game (b) a glitter pen set (c) a warm blanket (d) a sticker album
2. 2.🛒 Need or want: rice and dal? (a) a want (b) a need
3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
4. 4.True or false: “a school uniform” is a need. (a) True (b) False
5. 5.True or false: “school shoes” is a want. (a) False (b) True
6. 6.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
7. 7.True or false: “a roof over your head” is a want. (a) False (b) True
8. 8.🛒 Need or want: notebooks for school? (a) a want (b) a need
9. 9.True or false: “drinking water” is a need. (a) False (b) True
10. 10.🎯 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
11. 11.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a roof over your head (d) a bigger TV
12. 12.True or false: “school shoes” is a need. (a) False (b) True
13. 13.Which of these is a want? (a) rice and dal (b) drinking water (c) a warm blanket (d) sweets every day
14. 14.🛒 Need or want: a sticker album? (a) a want (b) a need
15. 15.True or false: “a fancy phone cover” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a fancy phone cover (d) bus fare to school
17. 17.True or false: “medicine when ill” is a need. (a) True (b) False
18. 18.True or false: “a warm blanket” is a want. (a) False (b) True
19. 19.Which of these is a need? (a) rice and dal (b) a party dress (c) a third pair of shoes (d) a glitter pen set
20. 20.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) sweets every day (d) designer sunglasses
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
22. 22.🛒 Need or want: soap? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a party dress (d) school shoes
24. 24.Which of these is a want? (a) a school uniform (b) bus fare to school (c) a third pair of shoes (d) a warm blanket
25. 25.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) a roof over your head (d) medicine when ill
26. 26.True or false: “medicine when ill” is a want. (a) True (b) False
27. 27.Which of these is a need? (a) a party dress (b) a bigger TV (c) a school uniform (d) a video game
28. 28.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) a bigger TV (d) notebooks for school
29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) soap (d) a roof over your head
31. 31.🛒 Need or want: a toy robot? (a) a need (b) a want
32. 32.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
35. 35.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a party dress (d) bus fare to school
36. 36.Which of these is a need? (a) drinking water (b) a toy robot (c) a sticker album (d) designer sunglasses
37. 37.🛒 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
38. 38.🛒 Need or want: designer sunglasses? (a) a want (b) a need
39. 39.True or false: “notebooks for school” is a want. (a) False (b) True
40. 40.Which of these is a want? (a) school shoes (b) a roof over your head (c) notebooks for school (d) designer sunglasses

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