Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 811 · 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 tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
2. 2.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) notebooks for school (d) a glitter pen set
3. 3.True or false: “notebooks for school” is a want. (a) False (b) True
4. 4.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
5. 5.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) designer sunglasses (d) medicine when ill
6. 6.True or false: “designer sunglasses” is a want. (a) False (b) True
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.True or false: “a party dress” is a need. (a) False (b) True
9. 9.True or false: “a video game” is a need. (a) True (b) False
10. 10.Which of these is a need? (a) school shoes (b) a sticker album (c) sweets every day (d) a bigger TV
11. 11.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) a glitter pen set (d) sweets every day
12. 12.🛒 Need or want: soap? (a) a want (b) a need
13. 13.True or false: “a video game” is a want. (a) True (b) False
14. 14.True or false: “rice and dal” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a roof over your head (d) sweets every day
16. 16.True or false: “a glitter pen set” is a need. (a) False (b) True
17. 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) notebooks for school (d) a school uniform
19. 19.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
20. 20.True or false: “rice and dal” is a need. (a) False (b) True
21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a video game (d) soap
22. 22.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a warm blanket (d) sweets every day
23. 23.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) designer sunglasses (d) a video game
24. 24.Which of these is a want? (a) medicine when ill (b) a school uniform (c) a sticker album (d) drinking water
25. 25.🛒 Need or want: a sticker album? (a) a need (b) a want
26. 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
27. 27.🛒 Need or want: a school uniform? (a) a want (b) a need
28. 28.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
29. 29.Which of these is a need? (a) designer sunglasses (b) a video game (c) bus fare to school (d) a fancy phone cover
30. 30.🛒 Need or want: drinking water? (a) a want (b) a need
31. 31.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
32. 32.Which of these is a need? (a) medicine when ill (b) a party dress (c) a sticker album (d) a bigger TV
33. 33.Which of these is a need? (a) sweets every day (b) drinking water (c) a sticker album (d) a bigger TV
34. 34.Which of these is a need? (a) a fancy phone cover (b) a roof over your head (c) a party dress (d) a glitter pen set
35. 35.🛒 Need or want: a video game? (a) a want (b) a need
36. 36.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
37. 37.True or false: “school shoes” is a want. (a) False (b) True
38. 38.🛒 Need or want: bus fare to school? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a party dress (d) a fancy phone cover
40. 40.True or false: “soap” is a want. (a) True (b) False

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