Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 814 · 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 want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
2. 2.True or false: “medicine when ill” is a want. (a) False (b) True
3. 3.Which of these is a want? (a) rice and dal (b) a toy robot (c) a school uniform (d) a roof over your head
4. 4.True or false: “a bigger TV” is a need. (a) True (b) False
5. 5.True or false: “soap” is a want. (a) True (b) False
6. 6.🛒 Need or want: a glitter pen set? (a) a want (b) a need
7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
8. 8.Which of these is a need? (a) drinking water (b) a sticker album (c) a video game (d) a toy robot
9. 9.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a warm blanket (d) school shoes
10. 10.Which of these is a want? (a) a school uniform (b) rice and dal (c) a warm blanket (d) a bigger TV
11. 11.True or false: “soap” is a need. (a) True (b) False
12. 12.True or false: “a glitter pen set” is a want. (a) False (b) True
13. 13.True or false: “a glitter pen set” is a need. (a) True (b) False
14. 14.🛒 Need or want: school shoes? (a) a need (b) a want
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.🛒 Need or want: a roof over your head? (a) a want (b) a need
17. 17.🛒 Need or want: a school uniform? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) a third pair of shoes (d) medicine when ill
19. 19.Which of these is a want? (a) bus fare to school (b) school shoes (c) a roof over your head (d) a sticker album
20. 20.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
21. 21.Which of these is a need? (a) a warm blanket (b) a glitter pen set (c) a party dress (d) a toy robot
22. 22.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
23. 23.Which of these is a want? (a) drinking water (b) school shoes (c) sweets every day (d) bus fare to school
24. 24.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) designer sunglasses (d) a fancy phone cover
25. 25.True or false: “notebooks for school” is a need. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) drinking water (d) a fancy phone cover
27. 27.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a glitter pen set (d) a sticker album
28. 28.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) designer sunglasses (d) a roof over your head
29. 29.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) a warm blanket (d) school shoes
30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) soap (d) school shoes
31. 31.True or false: “a party dress” is a want. (a) False (b) True
32. 32.True or false: “school shoes” is a want. (a) True (b) False
33. 33.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
34. 34.True or false: “a roof over your head” is a want. (a) False (b) True
35. 35.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) a third pair of shoes (d) a glitter pen set
37. 37.🛒 Need or want: a warm blanket? (a) a want (b) a need
38. 38.True or false: “designer sunglasses” is a want. (a) False (b) True
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
40. 40.🛒 Need or want: a bigger TV? (a) a want (b) a need

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