Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 804 · 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: rice and dal? (a) a need (b) a want
2. 2.Which of these is a need? (a) sweets every day (b) drinking water (c) designer sunglasses (d) a party dress
3. 3.Which of these is a need? (a) a roof over your head (b) designer sunglasses (c) a glitter pen set (d) a video game
4. 4.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a warm blanket (d) a party dress
5. 5.🛒 Need or want: bus fare to school? (a) a need (b) a want
6. 6.True or false: “bus fare to school” is a need. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) medicine when ill (d) a sticker album
8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) sweets every day (c) bus fare to school (d) a warm blanket
9. 9.Which of these is a want? (a) drinking water (b) school shoes (c) a fancy phone cover (d) a roof over your head
10. 10.🛒 Need or want: a sticker album? (a) a want (b) a need
11. 11.True or false: “a sticker album” is a want. (a) True (b) False
12. 12.True or false: “a party dress” is a want. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a video game (d) a toy robot
14. 14.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a glitter pen set (d) soap
15. 15.🛒 Need or want: a school uniform? (a) a want (b) a need
16. 16.Which of these is a want? (a) rice and dal (b) a third pair of shoes (c) a school uniform (d) school shoes
17. 17.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) drinking water (d) a toy robot
18. 18.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
19. 19.True or false: “drinking water” is a need. (a) True (b) False
20. 20.True or false: “a glitter pen set” is a want. (a) False (b) True
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
23. 23.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) sweets every day (d) a fancy phone cover
24. 24.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
25. 25.Which of these is a need? (a) school shoes (b) a video game (c) designer sunglasses (d) a party dress
26. 26.True or false: “a video game” is a need. (a) True (b) False
27. 27.Which of these is a need? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) a toy robot
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
29. 29.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
30. 30.🛒 Need or want: school shoes? (a) a want (b) a need
31. 31.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) a roof over your head (d) notebooks for school
32. 32.🛒 Need or want: a toy robot? (a) a need (b) a want
33. 33.Which of these is a need? (a) a video game (b) a toy robot (c) medicine when ill (d) designer sunglasses
34. 34.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a toy robot (d) soap
35. 35.True or false: “bus fare to school” is a want. (a) False (b) True
36. 36.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
37. 37.True or false: “a school uniform” is a want. (a) True (b) False
38. 38.True or false: “a party dress” is a need. (a) True (b) False
39. 39.Which of these is a want? (a) soap (b) a roof over your head (c) a bigger TV (d) drinking water
40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) a video game (d) bus fare to school

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