Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 704 · 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) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
2. 2.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
3. 3.True or false: “designer sunglasses” is a want. (a) True (b) False
4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
5. 5.True or false: “a sticker album” is a need. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) soap (d) medicine when ill
7. 7.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
8. 8.🛒 Need or want: a school uniform? (a) a want (b) a need
9. 9.True or false: “medicine when ill” is a want. (a) True (b) False
10. 10.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a party dress (d) rice and dal
11. 11.🛒 Need or want: rice and dal? (a) a want (b) a need
12. 12.🛒 Need or want: a warm blanket? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) notebooks for school (d) drinking water
14. 14.True or false: “school shoes” is a need. (a) True (b) False
15. 15.Which of these is a want? (a) a warm blanket (b) rice and dal (c) sweets every day (d) notebooks for school
16. 16.🛒 Need or want: a video game? (a) a need (b) a want
17. 17.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
18. 18.True or false: “a roof over your head” is a want. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) a toy robot (d) a bigger TV
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
21. 21.Which of these is a want? (a) a school uniform (b) a warm blanket (c) rice and dal (d) a party dress
22. 22.🛒 Need or want: soap? (a) a need (b) a want
23. 23.True or false: “rice and dal” is a want. (a) True (b) False
24. 24.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
25. 25.Which of these is a need? (a) drinking water (b) a sticker album (c) designer sunglasses (d) a video game
26. 26.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a glitter pen set (d) a fancy phone cover
27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a sticker album (d) a toy robot
28. 28.🛒 Need or want: a roof over your head? (a) a need (b) a want
29. 29.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a video game (d) medicine when ill
30. 30.Which of these is a need? (a) a video game (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
31. 31.🛒 Need or want: a sticker album? (a) a need (b) a want
32. 32.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
33. 33.Which of these is a want? (a) a sticker album (b) drinking water (c) a school uniform (d) school shoes
34. 34.🛒 Need or want: drinking water? (a) a want (b) a need
35. 35.True or false: “a bigger TV” is a need. (a) True (b) False
36. 36.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
37. 37.True or false: “a school uniform” is a want. (a) True (b) False
38. 38.True or false: “medicine when ill” is a need. (a) False (b) True
39. 39.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) drinking water (d) sweets every day
40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) medicine when ill (d) a roof over your head

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