Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 702 · 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.True or false: “rice and dal” is a need. (a) True (b) False
2. 2.True or false: “a fancy phone cover” is a need. (a) False (b) True
3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
4. 4.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) a school uniform (d) school shoes
5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a party dress (d) bus fare to school
6. 6.Which of these is a want? (a) drinking water (b) a school uniform (c) a sticker album (d) rice and dal
7. 7.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
9. 9.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) school shoes (d) drinking water
10. 10.🛒 Need or want: a party dress? (a) a want (b) a need
11. 11.Which of these is a need? (a) a video game (b) a sticker album (c) a roof over your head (d) a third pair of shoes
12. 12.Which of these is a need? (a) drinking water (b) a third pair of shoes (c) a fancy phone cover (d) a sticker album
13. 13.Which of these is a want? (a) a party dress (b) a school uniform (c) soap (d) drinking water
14. 14.🛒 Need or want: soap? (a) a need (b) a want
15. 15.Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) a bigger TV (d) a sticker album
16. 16.🛒 Need or want: a toy robot? (a) a need (b) a want
17. 17.🛒 Need or want: medicine when ill? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) rice and dal (d) a fancy phone cover
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) bus fare to school (d) school shoes
20. 20.True or false: “medicine when ill” is a need. (a) True (b) False
21. 21.True or false: “a warm blanket” is a need. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) school shoes (d) a roof over your head
23. 23.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) a party dress (d) a fancy phone cover
24. 24.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) a school uniform (d) drinking water
25. 25.🛒 Need or want: notebooks for school? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a video game (d) a sticker album
27. 27.Which of these is a want? (a) a glitter pen set (b) drinking water (c) soap (d) school shoes
28. 28.True or false: “a school uniform” is a need. (a) True (b) False
29. 29.🛍️ 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
30. 30.Which of these is a want? (a) rice and dal (b) school shoes (c) a warm blanket (d) sweets every day
31. 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
32. 32.True or false: “a bigger TV” is a need. (a) True (b) False
33. 33.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
34. 34.🛒 Need or want: bus fare to school? (a) a want (b) a need
35. 35.True or false: “a roof over your head” is a want. (a) True (b) False
36. 36.🎯 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
37. 37.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) bus fare to school (d) a roof over your head
38. 38.Which of these is a need? (a) medicine when ill (b) a glitter pen set (c) a sticker album (d) a fancy phone cover
39. 39.🛒 Need or want: drinking water? (a) a need (b) a want
40. 40.Which of these is a want? (a) a school uniform (b) notebooks for school (c) school shoes (d) a third pair of shoes

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