Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 829 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
2. 2.True or false: “soap” is a want. (a) True (b) False
3. 3.🛒 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
4. 4.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) notebooks for school (d) a warm blanket
5. 5.True or false: “bus fare to school” is a need. (a) False (b) True
6. 6.True or false: “sweets every day” is a want. (a) False (b) True
7. 7.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) drinking water (d) designer sunglasses
8. 8.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
9. 9.True or false: “a glitter pen set” is a want. (a) True (b) False
10. 10.True or false: “a third pair of shoes” is a want. (a) False (b) True
11. 11.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a glitter pen set (d) soap
12. 12.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) designer sunglasses (d) a roof over your head
13. 13.True or false: “school shoes” is a want. (a) False (b) True
14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) medicine when ill (d) bus fare to school
15. 15.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
16. 16.Which of these is a want? (a) soap (b) a sticker album (c) a warm blanket (d) notebooks for school
17. 17.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
18. 18.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a toy robot (d) designer sunglasses
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a roof over your head (d) drinking water
20. 20.Which of these is a want? (a) a warm blanket (b) soap (c) a school uniform (d) a toy robot
21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) a roof over your head (c) a toy robot (d) soap
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) a fancy phone cover (d) a third pair of shoes
23. 23.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a third pair of shoes (d) a sticker album
24. 24.Which of these is a need? (a) a party dress (b) a video game (c) a glitter pen set (d) a warm blanket
25. 25.🛒 Need or want: a party dress? (a) a want (b) a need
26. 26.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
27. 27.🛒 Need or want: soap? (a) a want (b) a need
28. 28.🛒 Need or want: a toy robot? (a) a need (b) a want
29. 29.Which of these is a need? (a) a party dress (b) rice and dal (c) a sticker album (d) designer sunglasses
30. 30.🛒 Need or want: sweets every day? (a) a want (b) a need
31. 31.True or false: “a party dress” is a need. (a) False (b) True
32. 32.🛒 Need or want: a school uniform? (a) a want (b) a need
33. 33.🛒 Need or want: a video game? (a) a need (b) a want
34. 34.True or false: “a sticker album” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) medicine when ill (d) rice and dal
36. 36.True or false: “medicine when ill” is a need. (a) False (b) True
37. 37.True or false: “a warm blanket” is a need. (a) True (b) False
38. 38.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
39. 39.🛒 Need or want: bus fare to school? (a) a need (b) a want
40. 40.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a glitter pen set (d) a bigger TV

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