Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 810 · 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) False (b) True
2. 2.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
3. 3.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) a roof over your head (d) bus fare to school
4. 4.True or false: “notebooks for school” is a want. (a) True (b) False
5. 5.Which of these is a need? (a) a video game (b) a party dress (c) a school uniform (d) a toy robot
6. 6.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
7. 7.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) medicine when ill (d) a fancy phone cover
8. 8.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a bigger TV (d) medicine when ill
9. 9.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a roof over your head (d) a party dress
10. 10.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) a sticker album (d) bus fare to school
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
12. 12.True or false: “a party dress” is a want. (a) True (b) False
13. 13.True or false: “a warm blanket” is a want. (a) True (b) False
14. 14.True or false: “designer sunglasses” is a need. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a sticker album (b) medicine when ill (c) a fancy phone cover (d) a video game
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
17. 17.True or false: “notebooks for school” is a need. (a) False (b) True
18. 18.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
19. 19.True or false: “a school uniform” is a need. (a) False (b) True
20. 20.Which of these is a want? (a) drinking water (b) a toy robot (c) a warm blanket (d) medicine when ill
21. 21.True or false: “bus fare to school” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) sweets every day (d) bus fare to school
23. 23.🛒 Need or want: a toy robot? (a) a want (b) a need
24. 24.True or false: “medicine when ill” is a want. (a) True (b) False
25. 25.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
26. 26.🛒 Need or want: drinking water? (a) a need (b) a want
27. 27.Which of these is a want? (a) bus fare to school (b) school shoes (c) rice and dal (d) a glitter pen set
28. 28.True or false: “a third pair of shoes” is a need. (a) False (b) True
29. 29.🛒 Need or want: a warm blanket? (a) a need (b) a want
30. 30.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
31. 31.Which of these is a want? (a) a school uniform (b) rice and dal (c) school shoes (d) a bigger TV
32. 32.🛒 Need or want: rice and dal? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a sticker album (d) a bigger TV
34. 34.🛒 Need or want: medicine when ill? (a) a want (b) a need
35. 35.Which of these is a need? (a) designer sunglasses (b) a video game (c) soap (d) sweets every day
36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) school shoes (d) designer sunglasses
37. 37.🔍 Which is the odd one out? (a) a roof over your head (b) designer sunglasses (c) medicine when ill (d) a warm blanket
38. 38.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) rice and dal (d) a fancy phone cover
39. 39.🛒 Need or want: sweets every day? (a) a want (b) a need
40. 40.🛒 Need or want: a roof over your head? (a) a want (b) a need

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