Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 673 · 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 want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
2. 2.🛒 Need or want: rice and dal? (a) a need (b) a want
3. 3.True or false: “medicine when ill” is a want. (a) True (b) False
4. 4.True or false: “a school uniform” is a want. (a) False (b) True
5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) medicine when ill (d) designer sunglasses
6. 6.True or false: “a video game” is a need. (a) True (b) False
7. 7.Which of these is a want? (a) drinking water (b) a bigger TV (c) notebooks for school (d) school shoes
8. 8.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
9. 9.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
10. 10.True or false: “school shoes” is a want. (a) True (b) False
11. 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
12. 12.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
13. 13.🛒 Need or want: sweets every day? (a) a need (b) a want
14. 14.🛒 Need or want: a party dress? (a) a need (b) a want
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
17. 17.True or false: “a glitter pen set” is a want. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a school uniform (d) a party dress
19. 19.🛒 Need or want: a toy robot? (a) a need (b) a want
20. 20.True or false: “school shoes” is a need. (a) True (b) False
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
22. 22.🛒 Need or want: bus fare to school? (a) a need (b) a want
23. 23.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) bus fare to school (d) a fancy phone cover
24. 24.True or false: “a roof over your head” is a need. (a) True (b) False
25. 25.🛒 Need or want: a video game? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) school shoes (b) a toy robot (c) a glitter pen set (d) a bigger TV
27. 27.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
28. 28.🛒 Need or want: a sticker album? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a sticker album (d) notebooks for school
30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
31. 31.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) notebooks for school (d) school shoes
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a warm blanket (d) medicine when ill
33. 33.🛒 Need or want: notebooks for school? (a) a need (b) a want
34. 34.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a video game (d) rice and dal
35. 35.Which of these is a want? (a) drinking water (b) a video game (c) a roof over your head (d) medicine when ill
36. 36.True or false: “a toy robot” is a need. (a) True (b) False
37. 37.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
38. 38.Which of these is a want? (a) soap (b) a roof over your head (c) a glitter pen set (d) school shoes
39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
40. 40.True or false: “medicine when ill” is a need. (a) True (b) False

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