Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 731 · 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 toy robot” is a need. (a) True (b) False
2. 2.🛍️ 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
3. 3.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) drinking water (d) a fancy phone cover
4. 4.Which of these is a want? (a) a toy robot (b) a school uniform (c) notebooks for school (d) bus fare to school
5. 5.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) designer sunglasses (d) rice and dal
6. 6.Which of these is a want? (a) soap (b) rice and dal (c) drinking water (d) a video game
7. 7.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
8. 8.Which of these is a want? (a) soap (b) notebooks for school (c) drinking water (d) a third pair of shoes
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
10. 10.Which of these is a need? (a) school shoes (b) a toy robot (c) a bigger TV (d) a party dress
11. 11.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) school shoes (d) medicine when ill
12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) rice and dal (d) a toy robot
13. 13.🛒 Need or want: medicine when ill? (a) a need (b) a want
14. 14.True or false: “soap” is a need. (a) False (b) True
15. 15.🛒 Need or want: a warm blanket? (a) a need (b) a want
16. 16.🛒 Need or want: a roof over your head? (a) a want (b) a need
17. 17.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a glitter pen set (d) school shoes
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) sweets every day
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) drinking water (d) a party dress
20. 20.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
21. 21.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) a third pair of shoes (d) a video game
22. 22.True or false: “drinking water” is a want. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a school uniform (d) a video game
24. 24.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) drinking water (d) a glitter pen set
25. 25.🛒 Need or want: rice and dal? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) designer sunglasses (d) a roof over your head
27. 27.True or false: “a roof over your head” is a need. (a) False (b) True
28. 28.🛒 Need or want: a glitter pen set? (a) a want (b) a need
29. 29.🛒 Need or want: a sticker album? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) school shoes (d) a third pair of shoes
31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) a video game (d) sweets every day
32. 32.🛒 Need or want: bus fare to school? (a) a need (b) a want
33. 33.True or false: “a school uniform” is a need. (a) False (b) True
34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
35. 35.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) rice and dal (d) medicine when ill
36. 36.True or false: “drinking water” is a need. (a) False (b) True
37. 37.🛒 Need or want: drinking water? (a) a want (b) a need
38. 38.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a fancy phone cover (d) notebooks for school
39. 39.True or false: “a toy robot” is a want. (a) True (b) False
40. 40.Which of these is a want? (a) soap (b) a warm blanket (c) a bigger TV (d) school shoes

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