Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 723 · 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: “a sticker album” is a want. (a) False (b) True
2. 2.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
3. 3.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) notebooks for school (d) a bigger TV
4. 4.True or false: “notebooks for school” is a need. (a) False (b) True
5. 5.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) designer sunglasses (d) soap
6. 6.🛒 Need or want: sweets every day? (a) a want (b) a need
7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
8. 8.🛒 Need or want: a roof over your head? (a) a need (b) a want
9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
11. 11.True or false: “drinking water” is a need. (a) False (b) True
12. 12.True or false: “a party dress” is a need. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a school uniform (d) a party dress
14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) soap (d) notebooks for school
15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) a party dress (d) a bigger TV
16. 16.Which of these is a need? (a) rice and dal (b) a third pair of shoes (c) a toy robot (d) designer sunglasses
17. 17.🔍 Which is the odd one out? (a) a school uniform (b) a sticker album (c) rice and dal (d) bus fare to school
18. 18.🛒 Need or want: a sticker album? (a) a need (b) a want
19. 19.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) a fancy phone cover (d) sweets every day
20. 20.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
21. 21.True or false: “rice and dal” is a need. (a) False (b) True
22. 22.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) drinking water (d) designer sunglasses
23. 23.🛒 Need or want: a video game? (a) a want (b) a need
24. 24.True or false: “a sticker album” is a need. (a) True (b) False
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
26. 26.Which of these is a want? (a) soap (b) a third pair of shoes (c) a warm blanket (d) drinking water
27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
29. 29.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) school shoes (d) a bigger TV
30. 30.True or false: “sweets every day” is a want. (a) False (b) True
31. 31.Which of these is a want? (a) bus fare to school (b) a toy robot (c) drinking water (d) rice and dal
32. 32.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
33. 33.True or false: “a roof over your head” is a want. (a) False (b) True
34. 34.🛒 Need or want: a bigger TV? (a) a want (b) a need
35. 35.Which of these is a want? (a) sweets every day (b) medicine when ill (c) a school uniform (d) school shoes
36. 36.Which of these is a need? (a) drinking water (b) a third pair of shoes (c) a fancy phone cover (d) a bigger TV
37. 37.True or false: “soap” is a need. (a) False (b) True
38. 38.🛒 Need or want: drinking water? (a) a want (b) a need
39. 39.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) rice and dal (d) school shoes
40. 40.🔍 Which is the odd one out? (a) a sticker album (b) notebooks for school (c) a glitter pen set (d) a video game

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