Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 675 · 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.🛒 Need or want: a warm blanket? (a) a want (b) a need
2. 2.🛒 Need or want: drinking water? (a) a want (b) a need
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
4. 4.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) soap (d) a bigger TV
5. 5.Which of these is a need? (a) a glitter pen set (b) a video game (c) drinking water (d) a third pair of shoes
6. 6.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) a glitter pen set (d) designer sunglasses
7. 7.🛒 Need or want: a glitter pen set? (a) a want (b) a need
8. 8.Which of these is a need? (a) a video game (b) designer sunglasses (c) sweets every day (d) a school uniform
9. 9.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
10. 10.Which of these is a need? (a) school shoes (b) a fancy phone cover (c) a party dress (d) sweets every day
11. 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
12. 12.Which of these is a want? (a) medicine when ill (b) school shoes (c) a third pair of shoes (d) a school uniform
13. 13.🛒 Need or want: soap? (a) a need (b) a want
14. 14.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
15. 15.🛒 Need or want: a roof over your head? (a) a need (b) a want
16. 16.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) school shoes (d) bus fare to school
17. 17.🛒 Need or want: a sticker album? (a) a need (b) a want
18. 18.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
19. 19.Which of these is a want? (a) drinking water (b) a school uniform (c) medicine when ill (d) a toy robot
20. 20.True or false: “medicine when ill” is a need. (a) True (b) False
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
22. 22.Which of these is a want? (a) a sticker album (b) notebooks for school (c) bus fare to school (d) a roof over your head
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a fancy phone cover (d) a glitter pen set
24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) a party dress (d) a third pair of shoes
25. 25.True or false: “medicine when ill” is a want. (a) False (b) True
26. 26.🛒 Need or want: bus fare to school? (a) a need (b) a want
27. 27.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
28. 28.Which of these is a want? (a) rice and dal (b) a glitter pen set (c) medicine when ill (d) a warm blanket
29. 29.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) bus fare to school (d) notebooks for school
30. 30.True or false: “a toy robot” is a want. (a) False (b) True
31. 31.Which of these is a need? (a) a third pair of shoes (b) a warm blanket (c) a glitter pen set (d) a sticker album
32. 32.🛒 Need or want: medicine when ill? (a) a need (b) a want
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
34. 34.True or false: “designer sunglasses” is a need. (a) False (b) True
35. 35.True or false: “bus fare to school” is a want. (a) True (b) False
36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) a fancy phone cover (d) school shoes
37. 37.🛒 Need or want: sweets every day? (a) a want (b) a need
38. 38.Which of these is a want? (a) medicine when ill (b) a video game (c) rice and dal (d) drinking water
39. 39.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) designer sunglasses (d) medicine when ill
40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) designer sunglasses (d) a party dress

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